Bernie Sanders’ tax return – IOTW Report

Bernie Sanders’ tax return

Sanders’ tax returns highlight contrast with rival Clinton.

The return released on Friday does not include information on Sanders’ net worth.

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WASHINGTON (Reuters) – U.S. presidential candidate Bernie Sanders, who has made income inequality a top campaign theme, had taxable income of $205,271 in 2014, putting him almost in the top 5 percent of American earners, according to the release of Friday of his federal tax return.

That figure was still far below the millions earned by his main Democratic rival, Hillary Clinton, in recent years.

Sanders and his wife, Jane, paid $27,653 in federal income taxes in 2014, an effective federal tax rate of 13.5 percent, on income of $205,271, which is their adjusted gross income before deductions. That figure is just below the $206,563 that Census data show as the lower limit for the top 5 percent of U.S. households in 2014.

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5 Comments on Bernie Sanders’ tax return

  1. $200,000 is in the top 5% of US household, plus or minus.
    Every time I hear that I am surprised. Yeah, I know, you’d think I’d learn, but it just surprises me that 95% of households earn less that.

  2. The popular internet phrase “You Had ONE JOB!” takes on a whole new different meaning when applied to Bernie Sanders. And that didn’t even apply till he reached the ripe old age of 40.

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