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Mike Pence releases tax returns, earned $113026 in 2015
And he hasn’t released summaries of his tax returns or portions of his returns.
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The document release draws an uncomfortable contrast for the campaign: Trump himself has not released his tax returns, which he says he has been advised not to release because he is under audit.
Major party presidential nominees have publicly released their taxes since 1976, but Trump is the exception.
The Indiana governor’s returns show he and his wife, Karen, earned $115,526 a year ago and reported adjusted gross income of $113,026. They reported almost $9,000 in taxable income from a federal pension and $3,458 in losses from Mrs. Pence’s painting and towel-charm businesses.
Pence’s 2015 income is far below the $10.7 million reported by the Clintons. The returns didn’t list the charities that received the Pences’ money. She also lost $3,407 on her business selling identification charms for beach towels. And they show that – unlike Trump’s – Mike Pence’s finances are relatively routine.
Craig Holman of Public Citizen, a nonpartisan watchdog organization, said that Pence’s returns showed no surprises and demonstrated that the family has not grown its wealth while in public service.
Republican presidential nominee Donald Trump, left, and his running mate, Indiana Gov. Mike Pence, meet with local labor leaders and union members in Brook Park, Ohio, on Monday.
It appears Pence has not profited – outside of his salary as congressman and governor – off of his time in public office, based on the ten years of returns he released on Friday.
“I always tell people – I mean, but for a whole lot of zeroes, he and I have an bad lot in common”, Pence cracked on Thursday. They paid an effective tax rate of 12.4 percent in 2015, the campaign said.
Although Trump has said he won’t release his returns while he is being audited, there’s no IRS prohibition against doing so.
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Hillary Clinton, the Democratic presidential nominee, released her 2015 personal tax return in August, as well as that of running mate Tim Kaine and his wife, Anne Holton, who released 10 years of their returns. He said he would release the returns “immediately” if Clinton releases “33,000 emails that she deleted” – regardless on an audit.