In 2009, the first year of returns Sanders released on Monday, he had an adjusted gross income of $314,742. "There's nothing about any of these tax returns or the money or anything that'll come out that'll change that fundamental fact one bit".
Mr Trump himself has claimed that he can not release his tax returns because they are under audit, although technically there is nothing preventing him from doing so. He made no apologies for his financial well-being, telling the New York Times recently that "if you write a best-selling book, you can be a millionaire, too". "As a strong proponent of transparency, the senator hopes President Trump and all Democratic primary candidates will disclose their tax returns". "Hey President Trump, my wife and I just released 10 years. Please do the same". "I think we'll see every serious candidate on the Democratic side of the ledger release their tax returns".
"My view has always been that we need a progressive tax system which demands that the wealthiest people in this country finally start paying their fair share of taxes". In 2014, prior to his first presidential run, he reported an income with his wife of about US$206,000, according to his tax returns. By 2018, his wife, 69, was also taking Social Security, providing the couple with almost $52,000 for the year.
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As part of his policy agenda, Sanders has proposed higher taxes on top earners and a big expansion of the estate tax, lowering the threshold where it kicks in to $3.5 million from $11 million, and placing a 77 percent tax rate on the portion of estates worth more than $1 billion.
The Vermont Independent has been forced to go on the defensive from Fox News, the Drudge Report and other conservative news outlets that have attacked him this past week as a "millionaire socialist" for his successful 2016 and 2018 book sales. In the most recent year released, 2017, he had an adjusted gross income of $366,455.
Jane Sanders was a co-founder of the nonprofit, along with her son, David Driscoll, who became the institute's executive director.
The debate, hosted by Bret Baier and Martha MacCallum, was held in Bethlehem, Pennsylvania, in a county won by Trump in 2016 after a 9% swing from Democrats. Kirsten Gillibrand of NY and Washington Gov. Jay Inslee have also released returns dating back to 2007. Sen. She says tax returns can help voters understand a candidate's values. Amy Klobuchar of Minnesota released 12 years of tax returns through 2017 earlier this month. "If they don't file a good tax return, that's sort of the bottom line for whether you're qualified to be president or not".