Elizabeth Warren releases 2018 tax returns showing $900,000 income

Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks at the Heartland Forum held on the campus of Buena Vista University in Storm Lake, Iowa, Saturday, March 30, 2019.

AP Photo | Nati Harnik

Democratic presidential candidate Sen. Elizabeth Warren, D-Mass., speaks at the Heartland Forum held on the campus of Buena Vista University in Storm Lake, Iowa, Saturday, March 30, 2019.

Presidential candidate Sen. Elizabeth Warren, D-Mass., released her 2018 tax returns on Wednesday, revealing an income of nearly $1 million last year between her in addition to her husband, Bruce.

Warren, a consumer advocate who has made combating corruption one of her signature policy priorities, used the Discharge of her returns to champion a sweeping anti-corruption bill she introduced inside the Senate that will requires the IRS to Discharge eight years of returns filed by candidates for president in addition to vice president.

“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. “Doing This particular should be law.”

Warren in addition to her husband, a professor at Harvard, paid more than $0,000 in taxes on about $900,000 in income last year, the returns show.

Here’s what else the returns showed:

  • Warren made about $325,000 through book sales in addition to her $175,000 salary through the Senate.
  • Bruce was paid about $400,000 through Harvard.
  • The couple paid about $46,000 last year for a solar energy installation on their home in Massachusetts, in addition to received about $15,000 in tax credits.
  • The couple donated more than $50,000 to charity.

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Her disclosure comes as President Donald Trump fights congressional efforts brought by House Democrats to force the Discharge of his returns. Trump has gone back in addition to forth on whether he will Discharge his returns, though his acting chief of staff recently said they will never be made public.

Trump has said that will their Discharge would likely impact an ongoing audit, though the IRS has said that will audits do not prevent individuals through releasing their tax information.

The move also put more pressure on rivals who have not yet released their own, as different top Democratic 2020 contenders are still holding out. Sen. Bernie Sanders, a Vermont independent, has said that will his returns will be public by April 15.

Sen. Cory Booker, D-N.J., former Texas congressman Beto O’Rourke, in addition to South Bend, Indiana, Mayor Pete Buttigieg are among different top contenders who have yet to make their latest returns public, although those returns are not due to the government until Monday.

Sen. Kirsten Gillibrand, D-N.Y., was the first Democratic presidential contender to Discharge her 2018 returns, doing so late last month.

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