(Corrects year of tax law to 2017 in paragraph 8)
By Amanda Becker
WASHINGTON, April 14 (Reuters) - Democratic U.S. Senator
Kamala Harris released on Sunday 15 years of tax returns through
2018, offering the most complete look to date at a presidential
candidate's finances.
Harris held public office during the years 2004 through
2018. With her husband, Douglas Emhoff, an attorney, she had a
combined adjusted gross income in 2018 of about $1.89 million,
and paid total taxes of about $697,000, according to the
returns.
Harris and Emhoff, who have filed joint tax returns since
marrying in 2014, have paid more than $2.2 million in federal
taxes over the past five years at an average effective tax rate
of 32.6 percent, according to her campaign.
Harris' release of her tax filings follows that of fellow
White House contenders like Senators Kirsten Gillibrand and
Elizabeth Warren. Senator Bernie Sanders has said he will
release his tax filings this week. Tax day is April 15 in the
United States.
Democrats in the 2020 race have released their tax returns
as Republican President Donald Trump resists moves by
congressional investigators to review his tax filings in probes
related to his businesses and Russian interference in the 2016
presidential election.
Trump is the first modern U.S. president not to release his
tax returns to the public.
After taking control of the House of Representatives in the
2018 elections, Democrats passed a bill that would require
presidential candidates to release their tax returns. It has not
been voted on by the Senate, which is controlled by Republicans,
but Harris supports such legislation.
Harris has also called for the repeal of the Republican tax
law approved in 2017 that delivered major tax cuts to the
wealthy and businesses.
In 2018, about $157,000 of Harris and Emhoff's $1.89 million
in income came from Harris' salary as a U.S. senator, with the
bulk of the rest reported as partnership income from Emhoff's
work at a law firm.
Before her marriage to Emhoff, most of the income Harris
reported each year was from the salary she earned as
California's attorney general and, before that, as San
Francisco's district attorney.
(Reporting by Amanda Becker; Editing by Susan Fenton)
By Amanda Becker
WASHINGTON, April 14 (Reuters) - Democratic U.S. Senator
Kamala Harris released on Sunday 15 years of tax returns through
2018, offering the most complete look to date at a presidential
candidate's finances.
Harris held public office during the years 2004 through
2018. With her husband, Douglas Emhoff, an attorney, she had a
combined adjusted gross income in 2018 of about $1.89 million,
and paid total taxes of about $697,000, according to the
returns.
Harris and Emhoff, who have filed joint tax returns since
marrying in 2014, have paid more than $2.2 million in federal
taxes over the past five years at an average effective tax rate
of 32.6 percent, according to her campaign.
Harris' release of her tax filings follows that of fellow
White House contenders like Senators Kirsten Gillibrand and
Elizabeth Warren. Senator Bernie Sanders has said he will
release his tax filings this week. Tax day is April 15 in the
United States.
Democrats in the 2020 race have released their tax returns
as Republican President Donald Trump resists moves by
congressional investigators to review his tax filings in probes
related to his businesses and Russian interference in the 2016
presidential election.
Trump is the first modern U.S. president not to release his
tax returns to the public.
After taking control of the House of Representatives in the
2018 elections, Democrats passed a bill that would require
presidential candidates to release their tax returns. It has not
been voted on by the Senate, which is controlled by Republicans,
but Harris supports such legislation.
Harris has also called for the repeal of the Republican tax
law approved in 2017 that delivered major tax cuts to the
wealthy and businesses.
In 2018, about $157,000 of Harris and Emhoff's $1.89 million
in income came from Harris' salary as a U.S. senator, with the
bulk of the rest reported as partnership income from Emhoff's
work at a law firm.
Before her marriage to Emhoff, most of the income Harris
reported each year was from the salary she earned as
California's attorney general and, before that, as San
Francisco's district attorney.
(Reporting by Amanda Becker; Editing by Susan Fenton)
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