60°F
weather icon Mostly Cloudy

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.

Don't miss the big stories. Like us on Facebook.
THE LATEST
Deal close in Weinstein sexual misconduct lawsuits, says lawyer

A tentative deal has been reached to settle multiple lawsuits brought against the television and film company co-founded by Harvey Weinstein, who has been accused of sexual misconduct by scores of women.

Chef Batali in court on 2017 groping accusation

Celebrity chef Mario Batali is set to appear in court on a criminal charge that he forcibly kissed and groped a woman at a Boston restaurant in 2017.

N. Korea says US must drop nuke disarmament demand

North Korea said Friday that nuclear negotiations with the U.S. will never resume unless the Trump administration moves away from unilateral demands for disarmament.

 
Healthy dog euthanized to be buried with deceased owner

Veterinarians and funeral homes in Virginia are rejecting the idea that pets should be buried with their owners after a recent case in which a healthy dog was euthanized so it could lie with her owner.