Sanders Releases 10 Years of Tax Returns, Confirming His Millionaire Status
NTD Photo

Vermont Sen. and Democratic presidential candidate Bernie Sanders released 10 years of tax returns Monday, confirming his membership in the millionaire class.

Sanders, who frequently railed against millionaires and billionaires during his 2016 presidential primary campaign against former Secretary of State Hillary Clinton, saw his income skyrocket into seven figures in 2016.

After earning an average of $280,975 per year from 2009 through 2015, the self-avowed Democratic-socialist disclosed earning an adjusted gross income of $1,062,626 in 2016, $1,131,925 in 2017, and $561,293 in 2018.

NTD Photo
Sen. Bernie Sanders (Ind.-Vt.) at the U.S. Capitol on Jan. 30, 2019. (Win McNamee/Getty Images)

“These tax returns show that our family has been fortunate,” Sanders said in a statement. “I am very grateful for that, as I grew up in a family that lived paycheck to paycheck and I know the stress of economic insecurity.”

Sanders said in a late-December 2016 tweet that he was “not” comfortable in seeing a “huge increase in millionaires in billionaire but have more people living in poverty than ever.”

The Democratic-socialist purchased his third home in 2016—a $575,000 lake-front property in Vermont, according to Fox News.

Sanders and his wife, Jane Sanders, paid an effective tax rate of 26 percent in 2018. In 2016 and 2017, when he earned “significant income from his books,” Sanders paid an effective tax rate of 35 percent and 20 percent, respectively.

Sanders admitted he was a millionaire in an interview Tuesday with The New York Times.

“I wrote a best-selling book,” he said. “If you write a best-selling book, you can be a millionaire, too.”

Sen. Bernie Sanders Attends Rally For Nevada Democrats In Las Vegas
U.S. Sen. Bernie Sanders (I-VT) speaks during a rally for Nevada Democratic candidates at the Las Vegas Academy of the Arts in Las Vegas, Nev., on Oct. 25, 2018. (Ethan Miller/Getty Images)

After Sanders released his tax returns, his campaign manager called on President Donald Trump and all Democratic primary candidates to disclose their tax returns.

“Bernie Sanders has been filing detailed financial disclosures for almost 30 years, and he is proud to voluntarily make these tax returns available many months before the election,” said Sanders campaign manager Faiz Shakir. “Senator Sanders believes it is a privilege to live in the United States and he believes it is patriotic to pay the taxes that support our country. As a strong proponent of transparency, the senator hopes President Trump and all Democratic primary candidates will disclose their tax returns.”

President Trump Attends Roundtable Discussion On Economy And Tax Reform At Trucking Equipment Company In Minnesota
President Donald Trump speaks at a roundtable on the economy and tax reform at Nuss Trucking and Equipment in Burnsville, Minn., on April 15, 2019. (Adam Bettcher/Getty Images)

By Andrew Kerr | Investigative Reporter

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