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Who are the richest 2020 Dems? With tax returns in, the answer may surprise you



Stressing transparency in government, more than a half-dozen Democrats running for the White House have released their tax returns.

And while the filings are a way for the Democrats to spotlight the Republican President Trump's refusal to release his taxes

AT FOX NEWS TOWN HALL, BERNIE SANDERS – BEST WINNERS OF THE FOX NEWS TOWN HALL, BERNIE SANDERS MAKING FROM APOLOGIES FOR HIS WEALTH

"This year, we had $ 560,000 in income," Sen. Bernie Sanders of Vermont explained Monday night during a Fox News Town Hall.

Minutes before the start of the town hall in Bethlehem, Pennsylvania, an independent vermont presidential candidate, released his 201

8 returns. According to the figures, Sanders and his wife Jane paid 26 percent effective tax rate of $ 561,293 in income, and made more than $ 1 million both in 2016 and 2017. Nearly $ 400,000 of his income in the past year came from book sales.

Sanders

2020 CANDIDATES 'TAX RETURNS: BY NUMBERS

"In my and My wife's case, I wrote a pretty good book. It was a bestseller, sold all over the world, and we made money. If anyone thinks I should apologize for writing a bestselling book, I'm sorry, I'm not gonna do "He said.

And Sanders, who has faced calls for the last month to release his returns, acknowledged that he was" fortunate "even as he pushed for a more progressive tax system.

WARREN RELEASES RETURNS MOMENTS AFTER PUSHING WEALTH TAX

Sanders is not the Only a populist senator running for the White House whose tax returns indicate income in the upper six-digit.

Minutes after pushing her proposal to raise taxes on the ultra-wealthy, Sen. Elizabeth Warren released her tax returns last week. The figures show that the Massachusetts Democrat and her husband Bruce, a professor at Harvard University, paid more than $ 230,000 in taxes last year for just over $ 846,000 in adjusted income, for an effective tax rate of 27 percent. Warren made about $ 325,000 in book sales in addition to the $ 175,000 salary she receives as a senator. Her husband earned about $ 400,000 from Harvard.

The wealthiest Democrat among those 2020 candidates who have made their tax returns public is Sen. Kamala Harris of California.

The former Golden State Attorney General and her husband – attorney Doug Emhoff – reported an adjusted income of nearly $ 1.9 million in 2018. They paid almost $ 700,000 in taxes, for an effective rate of 37 percent. In addition to her Senate income, Harris earned around $ 320,000 in income from writing a book that was published earlier this year. Her husband earned $ 1.5 million for his work as an attorney.

While Harris is reporting the most income of the candidates who have so far released their 2018 tax returns, the former rep. John Delaney of Maryland seems to be the richest candidate in the field of Democratic presidential nominee contenders.

Last year, the then-three-term congressman was listed as the sixth wealthiest member of the Congress, with estimated net worth of $ 92.6 million according to rankings from Roll Call. Delaney, who grew up in a working class in New Jersey, became the youngest CEO in the history of the New York Stock Exchange.

According to his first quarter of fundraising report, the candidate infused $ 11.7 million of his own money into his campaign, making up the vast majority of the $ 12.1 million he brought in during the first three months of the year.

Former Rep. Beto O'Rourke and his wife, meanwhile, made $ 366,455 – according to their 2017 returns – paying an effective tax rate of 22 percent. The candidate issued a 10-year return on Monday, but did not include his 2018 taxes.

"As a candidate aspiring to restore the American people's trust in the nation's highest office, O'Rourke will also release his 2018 tax returns as as soon as possible after they are filed, "his campaign explained.

Sen. Amy Klobuchar of Minnesota and her husband earned $ 338,121 last year paying a 19 percent effective tax rate. Sen Kirsten Gillibrand and her husband earned almost $ 215,000 in income last year, paying an effective tax rate of 14 percent.

GILLIBRAND THE FIRST 2020 DEMOCRAT TO RELEASE TAX RETURNS

Gillibrand became the first of the 2020 Democrats to public her returns , when she released her returns on March 27.

"Join me in calling on every presidential candidate to disclose their taxes. This is what transparency and accountability is all about, "Gillibrand said in a video at the time, as she challenged the rest of the Democratic 2020 contenders to make their returns public.

Washington State Gov. Jay Inslee also released his returns, indicating that he and his wife earned nearly $ 203,000 last year paying an effective tax rate of 15 percent.


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