Warren becomes latest 2020 hopeful to release 2018 tax return
Sen. Elizabeth WarrenElizabeth WarrenWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases OVERNIGHT DEFENSE: Joint Chiefs chairman says he regrets participating in Trump photo-op | GOP senators back Joint Chiefs chairman who voiced regret over Trump photo-op | Senate panel approves 0B defense policy bill Trump on collision course with Congress over bases with Confederate names MORE (D-Mass.) released her 2018 tax return on Thursday, becoming the latest 2020 presidential candidate to make details about their personal finances public.
Warren’s return shows that she and her husband, Bruce Mann, earned more than $900,000 in income last year, including $176,280 from her Senate salary and $324,687 from her books. Together, the couple paid a total of $230,965 in taxes.
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Warren hasn’t been shy about releasing her tax returns from past years. In August, the Massachusetts Democrat made public 10 years of tax returns, going back to 2008.
A handful of other 2020 hopefuls have released tax documents in recent weeks, including Sens. Kirsten GillibrandKirsten GillibrandWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Warren, Pressley introduce bill to make it a crime for police officers to deny medical care to people in custody Senate Dems press DOJ over coronavirus safety precautions in juvenile detention centers MORE (D-N.Y.) and Amy KlobucharAmy KlobucharHillicon Valley: Biden calls on Facebook to change political speech rules | Dems demand hearings after Georgia election chaos | Microsoft stops selling facial recognition tech to police Democrats demand Republican leaders examine election challenges after Georgia voting chaos Harris grapples with defund the police movement amid veep talk MORE (D-Minn.). In doing so, candidates are hoping to head off potential criticism over transparency and take an implicit swipe at President TrumpDonald John TrumpSenate advances public lands bill in late-night vote Warren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Esper orders ‘After Action Review’ of National Guard’s role in protests MORE, who has repeatedly refused to release his tax returns.
“There’s a crisis of faith in government — and that’s because the American people think the government works for the wealthy and well-connected, not for them,” Warren said in a statement.
“And they’re right. I’ve put out eleven years of my tax returns because no one should ever have to guess who their elected officials are working for. Doing this should be law,”
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Warren’s latest return shows her income is considerably higher than some of her Democratic opponents. Gillibrand, for example, reported a family income of about $218,000 last year, while Washington Gov. Jay InsleeJay Robert InsleeInslee calls on Trump to ‘stay out of Washington state’s business’ Seattle mayor responds to Trump: ‘Go back to your bunker’ Trump warns he will take back Seattle from ‘ugly Anarchists’ if local leaders don’t act MORE and his wife earned just under $203,000.
The release of Warren’s 2018 return came a day after Sen. Bernie SandersBernie SandersThe Hill’s 12:30 Report: Milley apologizes for church photo-op Harris grapples with defund the police movement amid veep talk Biden courts younger voters — who have been a weakness MORE (I-Vt.), another 2020 contender, said that he would release his tax documents by Monday, the last day to file taxes for 2018.
Sanders has long held out on releasing his tax returns, but has insisted that the documents are “boring” and that there will not be any surprises in his finances.
In an interview with The New York Times on Monday, Sanders acknowledged that he has become a millionaire following the success of his 2016 book, “Our Revolution.”
