Million Dollar Bernie: Socialist Senator Releases 10 Year Of Tax Returns Detailing Millions In Earnings
After spending years railing against the excesses of the wealthiest Americans, and after refusing to release his full tax returns when he ran for the Democratic nomination against Hillary Clinton, on Monday evening socialist Vermont senator Bernie Sanders released a decade's worth of tax returns which confirm that, as had been extensively leaked before, he is indeed among those that can be called filthy, capitalist millionaires.
The returns show Sanders and his wife, Jane, earned more than $1 million in total income in 2016 and 2017. They earned $519,529 of taxable income in 2018, the sum, of income from his job in the Senate and more than $381,000 in income from book royalties in 2018, and paid $145,840 in federal taxes for an effective rate of 28%.
Sanders' highest grossing year in the past decade was 2017 when his books earned him $875,000 in royalties, resulting in combined income for Bernie and his wife of nearly $1.2 million; they paid an effective rate of nearly 32 percent on that income. In 2016, the couple reported a little more than $1 million, mostly from sales of the book, which was also translated into five other languages.
https://www.zerohedge.com/news/2019-04-15/million-dollar-bernie-socialist-senator-releases-10-year-tax-returns-detailing