Results tagged “taxreturn”

While the House of Representatives voted against a measure to strip Representative Charles Rangel of chairing the House Ways and Means Committee, House leaders are planning an investigation of Rangel's ethical issues--you know, the lack of reporting income on his returns, his rent-stabilized apartments, using House letterhead to solicit donations for a center being built in his name. This comes as his 1972 Mercedes Benz, long unused, was towed from a House parking garage!

Presumptive Republican presidential nominee John McCain released his tax returns for 2006 and 2007 yesterday, but most attention is on his wife Cindy's wealth. The Arizona Senator made $405,409 (including $23,157 in Social Security!) last year and $358,414 in 2006, but returns for Cindy McCain, chairman of Hensley & Company, a Phoenix-based Anheuser-Busch distributor, weren't released.

The Democratic presidential candidates have just wrapped up their debate, but right before the debate, Barack Obama released his and his wife Michelle's tax returns for 2007, showing they made $4,238,165 last year. Most of it--$3,943,378--was from royalties from Obama's books.

Congratulations, State Attorney General Andrew Cuomo: You seem to be the "wealthiest statewide elected official," according to the NY Times and your tax returns. While Cuomo makes $151,000 as AG, his total reported income was $545,000, thanks to investments.

Taxes Paid: $33,783,507Clinton campaign spokesman Jay Carson's statement also says, "The Clintons have now made public thirty years of tax returns, a record matched by few people in public service. None of Hillary Clinton's presidential opponents have revealed anything close to this amount of personal financial information. " As Politico's Ben Smith points out, there's still $18 million of the Clintons' income that's not accounted for.