Sen. Bernie Sanders released his tax returns from the past 10 years Monday, revealing that in recent years he has entered the class of millionaires he so often critiques.
"Now, thanks to his noteworthy 2016 presidential run and royalties on his books, Sanders's finance and his rhetoric has been slightly tweaked", the video's caption states.
Sanders - who has railed against the top 1 percent of earners - is among the top 1 percent income bracket in the country, according to his tax filings. Sanders and his wife, Jane Sanders, reported paying a 26% effective tax rate on his adjusted gross income.
He has previously released his 2014 tax return and published it on his website, which included a full list of itemized deductions. Sanders faced pressure to release his returns this year as Democrats have increasingly made an issue of US President Donald Trump's refusal to release returns.
The earliest return released yesterday, for 2009, was done by hand, which may indicate that the Sanders did the taxes themselves. President Trump watches your network a little bit, right?
After Sanders put out the past decade of his taxes, former Texas Rep. Beto O'Rourke did the same on Monday evening, though without his 2018 return which he hadn't filed yet but said he would make public as soon as he filed. "Please do the same".
Asked about concerns that Democratic presidential contenders are tilting toward "socialism", he defended the concept. Yes, Bernie Sanders now belongs to the 1% he bashes regularly. California Senator Kamala Harris fundraised over $12 million since declaring her presidency on January 21, meaning she earned an average of $171,773 per day. According to the liberal-leaning Economic Policy Institute, families in the United States earning $421,926 or more a year are part of this group. Sanders said that his newer returns will show that he is a millionaire thanks to book sales.
"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 campaign manager Faiz Shakir.
"When you wrote the book and made the money, isn't that the definition of capitalism and the American dream?" By 2018, his wife, 69, was also taking Social Security, providing the couple with almost $52,000 for the year.
The potential that Sanders will be the last candidate standing is "spooking establishment-aligned Democrats", the NYT concludes.
Sanders and his wife disclosed $36,300 in charitable contributions in 2017, but their return does not detail each individual contribution.
Though Sanders is not the only millionaire in the group - Sen.
Sanders, a 77-year-old democratic socialist, is the leader in fundraising and polling among the declared Democratic presidential candidates, and has retained a solid base of support from his challenge to Hillary Clinton for the nomination in 2016.
On the Senate side, Warren recently introduced a bill that would force candidates to release their tax returns by law. Harris released 15 years of tax returns over the weekend.
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