Bernie Sanders and Beto O'Rourke release decade worth of tax returns | US news


Bernie Sanders, the Democratic socialist senator from Vermont, released a tax return on Monday, showing his family made $ 566,000 in 2018.

Sanders reported he paid $ 137,573 in federal taxes in 2018 and owed $ 8,267 in taxes for the year. Sanders and his wife, Jane Sanders, reported paying at 26% effective tax rate on his adjusted gross income. The couple reported donating $ 18,950 to charity, or 3.2%.

The returns show his decision to run for president in 2016 had benefited the Sanders' family's bottom line – which jumped from $ 240.622 in 2015 to $ 1,073.333 a year later. Since his first bid, Sanders and his wife – from 2016-2018 – made a total of more than $ 2.79m.

Sanders released their tax returns on their tax returns.

Fellow Democratic candidate Beto O’Rourke followed soon after, releasing 10 years worth of tax returns. O’Rourke disclosed he and his wife paid $ 81,000 in taxes on $ 366,000 of income in 2017. His 2018 filing was not yet available.

The candidates ’disclosures as as Democrats continue to demand Donald Trump's tax returns, which the president claims he can't make public because he is under IRS audit.

On Monday, Sanders followed up on the release with a town hall meeting hosted by Fox News, stressing the discrepancy between the Democrats' disclosures and the president's stance.

Sanders explained that the majority of his earnings – $ 382.920 – came from writing and royalties, including the bestselling Where We Go From Here.

"Anyone who thinks I should apologize for writing a best selling book, I'm sorry, I'm not going to do it," he said.

And he went on to defend his vote against the trump, 's tax bill, the benefits of disproportionately.

"All wealthy people and large corporations should pay their fair share of taxes," Sanders said. "We have an absurd tax system," he continued. "I think that 's a disgrace." "If you are paying us taxes, Amazon, Netflix and dozens of major corporations."

Pressed by Fox, as well as to why he should be able to give a higher proportion of his income, up to the 52% tax rate, or give more to charity, Sanders said: “I pay the taxes I owe and, by the way, why don't you get Donald Trump up here and ask him how much he pays in taxes?

"I guess the president watches your network at little bit," Sanders said, turning to the camera. “Hey President Trump, my wife and I just released 10 years. Please do the same. Let the American people know. "

Sanders' decision to appear on Fox News could not be held at fair and neutral event.

The debate, hosted by Bret Baier and Martha Macallum, was held in Bethlehem, Pennsylvania, in a county won by Trump in 2016 after a 9% swing from Democrats. On air, Sanders said he recognized that Democrat would not win in 2020 merely by complaining about Trump.

"Not everyone thought I should like this show," Sanders acknowledged. "This network does not necessarily have to be a great deal for my world but I thought it was important to have a serious discussion about serious issues."

Sanders went on to discuss the controversies surrounding the Minnesota congresswoman Ilhan Omar.

He allowed that Ilhan could do a better job talking to the Jewish community, "but I don't think Ilhan is an antisemite." He also stressed: "It is not antisemitic to be critical of rightwing government in Israel."

Ranging through topics of abortion to defense spending

"Democratic socialism to me means creating a government, an economy and a society that works for all, not just the top 1%. It means ending inequalities that exist today. You are going to hear this much about Fox or the media in general. "He said, to cheers from the audience. America has got to include that you have three families owning more wealth than the bottom half of society."



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