Sanders has entered millionaire class, tax returns show

Bernie Sanders Just Had the Single Best Day of the 2020 Campaign So Far

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"There's no inherent hypocrisy in saying I would prefer a socialist system, we live in this one, and I pay the taxes I owe", McIntosh said, but went on to say "But when he spent the weekend attacking a liberal outlet for correctly citing that he has changed in his speeches, railing against millionaires and billionaires to railing against multi-millionaires and billionaires, the defensiveness just shows, it really undermines the integrity of his message, and the integrity of his message was what Bernie Sanders had".

Sanders made clear that strong opposition to the 2017 $1.5 trillion tax cut - which no Democrat in Congress supported - will be at the center of his second bid for the presidency.

The Sanders campaign responded with an email blast slamming CAP as "the epitome of the political establishment" and "an organization whose massive annual budget is bankrolled by billionaires and corporate executives that profit from finance, pharmaceutical companies, fossil fuels, and sending American jobs overseas". Book sales accounted for $391,000 of his earnings in 2018, according to his most recent tax returns. These royalties were more modest, at $539.47 in 2017 and $2,520.60 in 2016.

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

He added later that "I consider paying more in taxes as my income rose to be both an obligation and an investment in our country".

"When you wrote the book and made the money, isn't that the definition of capitalism and the American dream?"

During the 2016 presidential primary, former Secretary of State Hillary Clinton pressured Sanders to release his tax returns.

Asked about the whereabouts of his tax returns in an interview with CBS News last week, Sanders said he would release them by April 15. "In my and my wife's case, I wrote a pretty good book".

Daniel Shaviro, a New York University School of Law professor of taxation, who examined the 2018 return at the request of the Washington Post, said the return was straightforward. All told, 84 percent of Sanders' money came from those small donors, compared to 64 percent for Buttigieg, 37 percent for Harris and 17 percent for Klobuchar.

Democrats in the House renewed efforts again in early April to force the president's hand in delivering at least six years of personal and business returns.

He promised "no great revelations".

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.

Sen. Elizabeth Warren of MA, who has also made anti-corruption a key focus of her campaign, reported the next highest income out of the six Democrats who have released at least a decade of returns, showing an adjusted gross income between her and her husband of over $846,000. She and her husband paid $231,000 in federal taxes in 2018, for an effective tax rate of 27%. Kirsten Gillibrand and Massachusetts Sen.

But among presidential candidates, Jeb Bush still holds the modern-day record for the size of a total tax release. She noted that Sanders had run for president before, O'Rourke had drawn national attention during his 2018 Senate run challenging Ted Cruz and Harris serves the most populous state in the country, which also has the nation's largest economy.

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