Democratic presidential hopeful and Vermont Sen. Bernie Sanders stuck to his word and released his full 2014 tax returns Friday. While not quite a member of the 1 percent, Sanders and his wife Jane reported a combined income of $205,271 in 2014.
The majority of the Sanders’ income came from the senator’s salary of $174,000 as well as Social Security benefits the couple receives. The return showed Sanders received a tax refund of $4,172. The couple donated $8,350 to charity.
Rival candidate former Secretary of State Hillary Clinton called on Sanders to release his returns during Thursday evening’s presidential debate, with moderator and CNN anchor Wolf Blitzer pressing Sanders as to why he had not gone to his filing cabinet yet and released the information.
— People For Bernie (@People4Bernie) April 15, 2016
“What we have always done in my family is, Jane does them. And she’s been out on the campaign trail,” Sanders said. “We will get them out. We’ll get them out very shortly. It’s not a big deal.”
Sanders supporters were quick to point out that his yearly earnings were less than the amount Clinton was paid to deliver speeches at investment banks including Goldman Sachs. Clinton’s fee for several speaking engagements with Goldman Sachs was reportedly $675,000. Clinton has refused to release the transcripts of her speeches to banks unless all candidates do so. The Clintons have reportedly made $153 million from speaking fees since 2001 until Hillary Clinton launched her presidential bid, an analysis by CNN showed.
Clinton released her tax returns on her website earlier in the campaign. The Clinton's 2014 tax return showed an adjusted gross income of $27,946,490. The couple gave more than $3 million to charity.
Meanwhile, President Barack Obama and Vice President Joe Biden released their 2015 tax returns Friday. The Obamas reported a gross adjusted income of $436,065 and paid $81,472 in taxes, making the president’s tax rate 18.7 percent. The Obamas donated $64,066 to charity with the Fisher House Foundation receiving the largest gift of $9,066. The foundation provides low-cost or free housing to veterans and military families who are receiving medical treatment. The Bidens reported a gross income of $392,233 and paid $91,546 in total federal taxes.