Bernie Sanders’ Tax Returns Show He’s Now A Millionaire

LOS ANGELES, CALIFORNIA - MARCH 23: 2020 Democratic presidential candidate U.S. Sen. Bernie Sanders (I-VT), C, arrives with his wife Jane at a campaign rally in Grand Park on March 23, 2019 in Los Angeles, California. Sanders, who is so far the top Democratic candidate in the race, is making the rounds in California which is considered a crucial 'first five' primary state by the Sanders campaign. California will hold on early primary on March 3, 2020. (Photo by Mario Tama/Getty Images)
LOS ANGELES, CALIFORNIA - MARCH 23: 2020 Democratic presidential candidate U.S. Sen. Bernie Sanders (I-VT), C, arrives with his wife Jane at a campaign rally in Grand Park on March 23, 2019 in Los Angeles, California... LOS ANGELES, CALIFORNIA - MARCH 23: 2020 Democratic presidential candidate U.S. Sen. Bernie Sanders (I-VT), C, arrives with his wife Jane at a campaign rally in Grand Park on March 23, 2019 in Los Angeles, California. Sanders, who is so far the top Democratic candidate in the race, is making the rounds in California which is considered a crucial 'first five' primary state by the Sanders campaign. California will hold on early primary on March 3, 2020. (Photo by Mario Tama/Getty Images) MORE LESS
Start your day with TPM.
Sign up for the Morning Memo newsletter

Sen. Bernie Sanders (I-VT) released 10 years of tax returns on Monday, putting to rest criticism that he’d refused to be transparent while showing his best-selling books have made him one of the “millionaires and billionaires” he loves to rail against.

Sanders and his wife Jane made $2.7 million from 2016 through 2018, according to the returns. Sanders’ adjusted gross income was $561,293 in 2018. He made just over $1 million in 2016 and $1.1 million in 2017, the years that his books hit the shelves.

Sanders stressed that his wealth is a new development in an accompanying statement.

“These tax returns show that our family has been fortunate. I am very grateful for that, as I grew up in a family that lived paycheck to paycheck and I know the stress of economic insecurity. That is why I strive every day to ensure every American has the basic necessities of life, including a livable wage, decent housing, health care and retirement security.” Sanders said. “I consider paying more in taxes as my income rose to be both an obligation and an investment in our country.”

Sanders had refused to release his tax returns throughout the 2016 presidential campaign, and had taken heavy incoming fire from allies of his Democratic rivals this year for not putting out his returns. But it appears at first glance that besides his own seeming embarrassment at his newfound wealth, there isn’t much hay to be made from his returns.

Latest DC
293
Show Comments

Notable Replies

  1. How utterly shocking that there isn’t anything to make hay of in Bernie Sanders’ taxes.

    Considering the sheer amount of energy from certain quarters spent on speculating as to what he was surely hiding, there’s going to be a lot of disappointed people.

    Or…or they will just start insisting that he hid something in the years before that. These things can be hard to let go of.

  2. Good!

    Now Bernie, was that so hard?

  3. How nice that even Democrats and Independents can convert their elections into petsonal cash.

  4. “Sanders and his wife Jane made a $2.7 million from 2016 through 2018.”

    Clearly trying to bring down the whole, rotten One-Percent from within.

    In related news, Sanders revealed his new campaign slogan: “Down With The Point-Zero-Zero-One Percent!”

  5. I never thought that there would be anything other than him having earned more than he would like to have acknowledged; his statement was fine on that score and would have been perfectly acceptable at the time to lead by example. The problem that I saw was that, by not releasing his taxes early in the 2016 cycle, he gave a degree of cover to Trump.

Continue the discussion at forums.talkingpointsmemo.com

287 more replies

Participants

Avatar for jcs Avatar for jjwhack Avatar for clunkertruck Avatar for UnfadingGreen Avatar for imkmu3 Avatar for wordtoyamamma Avatar for cervantes Avatar for jimtoday Avatar for chelsea530 Avatar for tacoma Avatar for ralph_vonholst Avatar for 26degreesrising Avatar for darcy Avatar for sjay1956 Avatar for tena Avatar for hikergirl Avatar for georgeh Avatar for spencersmom Avatar for professorpoopypants Avatar for khyber900 Avatar for kelaine Avatar for dvdf1126 Avatar for gbark Avatar for faydout

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: