Monday, 22 April, 2019

Bernie Sanders releases 10 years of long-awaited tax returns

Treasury Secretary Steven Mnuchin Treasury Secretary Steven Mnuchin
Leonard Rios | 16 April, 2019, 03:08

Despite these allegations against CAP, numerous polls and totals from initial fundraising efforts show Sanders as a frontrunner in the crowded 2020 Democratic presidential candidate field.

While Sanders did note that he believes he and his wealthy friends should pay more in taxes, his reluctance to release his tax documents leaves many questions in the air as to how much he paid into the system, given his newfound bestseller wealth.

"Bernie Sanders has been filing detailed financial disclosures for nearly 30 years, and he is proud to voluntarily make these tax returns available many months before the election", said Sanders campaign manager Faiz Shakir. "I worry that the corporate money CAP is receiving is inordinately and inappropriately influencing the role it is playing in the progressive movement".

Sanders himself has taken heat for appearing on Fox News, a move he defended as necessary to getting his message out to the broader electorate. "We are giving you an hour of substance and talk on our airwaves". Maybe we might want to talk about poverty. 'This might be a great moment to talk abut something else we should discuss'.

"In my view. wealthy people and large corporations that are making billions in profits should start paying their fair share of taxes", the 2020 presidential hopeful added. "Like in this case, I always remind them that CAP has no editorial control over Think Progress". I think the middle class continues to struggle, and I think what you're seeing here in Gary is not unreflective of what's going on in many, many other parts of our community, ' he contended in IN on Saturday.

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The US$1.7m ($2.5m) puts them in America's highest income brackets, according to tax returns released by the presidential candidate today.

"I wrote a best-selling book", he said in the interview. His comment on Saturday echoed what he told the New York Times earlier this week. It did very well.

Financial disclosure forms he filed in 2017 and 2018 revealed that he made more than $860,000 annually off the campaign manifesto's royalties.

Sen. Bernie Sanders (I-VT) released 10 years of tax returns on Monday, putting to rest criticism that he'd refused to be transparent while showing his best-selling books have made him one of the "millionaires and billionaires" he loves to rail against.

He says the documents will cover revenue from 2008 to 2018, which means it will include some the profits from the second book he penned a year ago. Book sales accounted for $391,000 of his earnings in 2018, according to his most recent tax returns.

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