Bernie Sanders reveals earnings putting pressure on Trump to produce tax documents

Posted April 17, 2019

Presidential candidate Bernie Sanders has released 10 years of his tax returns as part of his 2020 campaign. "But your marginal tax rate [in 2018] was 26 percent because of President Trump's tax cuts".

Senator Cory Booker, who declared his candidacy on February 1, raised over $5 million, or an average of $85,498 per day.

It isn't strictly an issue of income; other candidates have reported larger incomes than Sanders in their tax returns. Today, Sanders has said that his tax return will be a little different because he's now a millionaire thanks to money earned from writing his book. "While millions of people are paying more in taxes than they anticipated, Amazon, Netflix and dozens of major corporations as a result of Trump's tax bill pay nothing in corporate taxes, and I think that's a disgrace", he added.

That same year the Sanders family purchased a lake house in North Hero for $575,000.

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There is no requirement that presidential candidates release their tax returns, but many have done so by tradition.

Trump has not released any of his tax returns, despite fervent calls from Democrats and American voters for him to do so. For example, the disclosure form only requires that income and debts be described in wide ranges, and does not report the value of real estate.

Tuesday night Trump made a decision to weigh in, as he's wont to do, on his political opponents, in this case the two top Democratic presidential candidates in the 2020 election, complete with his affectionate pet names for each. Sanders paid for the home without taking out a mortgage.

The CAP was founded by John Podesta, who later chaired Hillary Clinton's 2016 election campaign.

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When it was published in 2016, Sanders earned $840,000 in profits, the filing shows, but the couple's earnings peaked the following year, when they reported income of $1,131,925.

Fox News Channel boasted another stellar night of ratings Monday.

In a statement Monday, Tanden said the video was "overly harsh". Kirsten Gillibrand of NY and Washington Gov. Jay Inslee have also released returns dating back to 2007. Sen.

Asked whether his plans bring big price tags that would drive up the national debt, the Democratic presidential contender scoffed at the suggestion, saying his plans for more taxes on the wealthy and the biggest multinational corporations would cover the costs of his ideas. Both followed Sen. Kamala D. Harris (D-Calif.), who released 15 years of tax returns on Sunday, enabling her campaign to boast that Ms.Harris is "the most transparent candidate in the field when it comes to information about her personal finances". His excuse is that his returns are under audit, but that would not prevent him from releasing tax documents he signed and swore to be true - and certainly does not explain why he refuses to reveal returns from years ago, as his challengers have done.

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