Tax Returns: A war with multiple fronts

As the title of this article suggests, we’ll be focusing on tax returns. Specifically, the tax returns of presidential candidates, which seems to be a main focus of the Democratic primaries.

So what or who are these “fronts”?

Senator Bernie Sanders (I-Vermont): The Senator, who is an independent running for the Democratic Nomination for president, was found to have the most controversial tax returns of all the Democratic candidates (although it’s a tie between him and presumptive Republican nominee and president Donald Trump). Now, although he wasn’t the wealthiest of the candidates, he is the one who has berated and railed against millionaires the most. In fact, he made $3 million in three years from his book Our Revolution (where he ironically rails against millionaires and the upper-class) and earned approximately $560,000 per year. Sanders has responded by saying “I won’t apologize for writing a good book.”

Senator Elizabeth Warren (D-Massachusetts): Warren, another “anti-millionaire”, was found to have had an income of approximately $850,000 per year, as well as substantial money in reserve, defending it by saying “You make a lot of money as a professor at Harvard”.

Governor Jay Inslee (D-Washington): Governor Inslee’s tax returns showed that he only makes $200,000 per year, which is more than the national average income but less than any other major candidate, which might explain why he relies so heavily on fundraising.

Senator Kamala Harris (D-California): Harris has a higher income than any other major candidate, making about $1.8 million per year. However, unlike northeastern senators Sanders and Warren, Harris has never been “anti-millionaire” and is therefore immune to this virus that is plaguing most candidates’ campaigns.

Former Congressman Beto O’Rourke (D-Texas): O’Rourke earns about $300,000 per year, but since he didn’t rail against millionaires but rather proclaimed he understood the plight of the common man, he too is immune to the menacing “tax return virus”.

Senator Kirsten Gillibrand (D-New York): Gillibrand earns around $215,000 per year, which, like Inslee, explains her record amount of fundraisers.

Senator Amy Klobuchar (D-Minnesota): Senator Klobuchar earns around $340,000 per year, which seems to be median income for the Democratic candidates who have disclosed their tax returns.

Incumbent/President Donald Trump (Republican): President Trump has not disclosed his tax returns, which Kamala Harris (in addition to every Democrat in Congress and the media) has been pressuring him to do. In fact, his not disclosing his tax returns was also an issue in the 2016 presidential election, to the point where his opponent, former Secretary of State Hillary Clinton, berated him onstage at one of the debates. Now, a congressional committee has authorized its chairman to subpoena Trump’s tax returns, to which Trump gave his classic excuse, which is that he can’t disclose his tax returns when he’s being audited. Bureaucracy in action.

To read more about the Democratic Primaries, visit https://lamundi.news.blog/2019/04/15/your-guide-to-the-democratic-primaries/.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s