55°F
weather icon Clear

Bernie Sanders paid 13.5 percent federal tax rate in 2014

WASHINGTON — U.S. Democratic presidential candidate Bernie Sanders and his wife paid $27,653 in federal income taxes in 2014, an effective federal tax rate of 13.5 percent, according to their tax return released on Friday by his campaign.

Sanders, a U.S. senator from Vermont, and his wife, Jane, had income of $205,271, according to the tax return. They made charitable contributions totaling $8,350.

On Thursday night, in a debate in the New York City borough of Brooklyn, Sanders promised to release his tax returns after his rival for the Democratic nomination, former Secretary of State Hillary Clinton, raised the issue.

“You’ll get them, yes,” Sanders said. “They are very boring tax returns. No big money from speeches, no major investments. Unfortunately - unfortunately - I remain one of the poorer members of the United States Senate.”

Sanders has run a populist campaign, accusing Wall Street of running a “fraudulent” business model and vowing to reform what he calls a corrupt campaign finance system funded by millionaires and billionaires.

The senator has repeatedly contrasted himself with Clinton, who, along with her husband, former President Bill Clinton, has made millions of dollars in speaking fees in recent years.

Clinton has a significant lead in pledged delegates over Sanders in the race for the Democratic nomination for the November presidential election.

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
 
House passes bill to extend health care subsidies in defiance of GOP leaders

The Congressional Budget Office estimated that the bill would increase the number of people with health insurance by 100,000 this year, 3 million in 2027, 4 million in 2028 and 1.1 million in 2029.

Minneapolis protesters vent their outrage after an ICE officer kills a woman

Minneapolis was on edge Thursday following the fatal shooting of a woman by a federal officer taking part in the Trump administration’s latest immigration crackdown, with protesters venting their outrage, the governor demanding that the state take part in the investigation and schools canceling classes as a precaution.

2 killed in Mormon church parking lot in Utah

A shooting outside a church building in Salt Lake City killed two people and injured six others, police said.

MORE STORIES