Democratic presidential candidate Elizabeth Warren has released her tax return for 2018, reporting that she and her husband paid more than $200,000 in taxes on a joint income of about $900,000 last year.
Warren, who previously posted a decade’s worth of tax returns online, has proposed legislation that mandates the public disclosure of tax returns for presidential and vice presidential candidates and for sitting White House occupants.
“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,” Warren said in a statement. “Doing this should be law.”
Warren and her husband, Bruce Mann, jointly reported a gross income of about $900,000 on their return, with Warren reporting income of $176,280 for her job as senator and about $325,000 from her writing career. Warren has penned 11 books, including several as a law professor before entering politics.
Mann, a professor at Harvard Law School, earned more than $400,000.
The couple also claimed a small tax credit for the installation of residential solar electricity equipment.
Incredibly, she pays about a 25% tax rate and utilizes every possible deduction allowed, while demanding the rate go up for the ‘rich’.