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Mike Pence releases tax returns, while Donald Trump’s remain a secret
Donald Trump’s Republican presidential campaign, widely criticized for refusing to release the candidate’s tax returns, released 10 years of returns on Friday for vice presidential nominee Mike Pence.
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The documents show that Pence’s income over the last decade hit a high of $187,000 when he was a member of Congress. Pence made $113,000 previous year as Governor of Indiana. The family reported donating an average of 7.4% of their adjusted gross income to charity. Tim Kaine, also released 10 years of tax returns last month.
Mike Pence’s income topped out at 7,000 while he was still a member of Congress, but dropped to 3,000 past year. “These tax returns clearly show that Mike and Karen Pence have paid their taxes, supported worthy causes, and, unlike the Clintons, the Pences have not profited from their years in public service”. A Pence spokesman says Trump won’t release his until after “a routine audit.” .
While Trump has said he’s worth more than $10 billion, Forbes estimates Trump’s worth at $4.5 billion.
A spokeswoman for the Clinton campaign said she was “pleased” to see Pence release his returns, but slammed Trump for holding his back and suggested he’s hiding financial ties to Russian Federation.
Republican presidential candidate Donald Trump, left, and vice presidential candidate Mike Pence. But Trump also suggested this week that he would immediately release his tax returns if Hillary Clinton releases emails she deleted on her private server.
Pence foreshadowed his rather mundane tax returns during a speech at the Reagan Presidential Library on Thursday, citing Harry Truman as once saying “an honest public servant can’t become rich in politics”. The returns would reveal his reported income, his charitable donations and his aggressiveness in trying to minimize taxes.
Since joining the ticket, Pence has made jokes about his own net worth _ especially when compared to Trump.
Mr. Pence served six terms in the U.S. House of Representatives before being elected as Indiana’s governor in 2012.
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“Other than a whole bunch of zeros, we really have a lot in common”, Pence said at an event in Georgia.