House Democrats give IRS an extension to provide Trump tax returns

Arturo Kim
April 16, 2019

Sanders cited in particular an article highlighting the fact that the socialist Vermont senator is now a millionaire, which the ThinkProgress writer wrote was "very off-brand and embarrassing".

Democrats in the House renewed efforts again in early April to force the president's hand in delivering at least six years of personal and business returns.

Sanders and his wife Jane made a $2.7 million from 2016 through 2018, according to the returns.

While Sanders did note that he believes he and his wealthy friends should pay more in taxes, his reluctance to release his tax documents leaves many questions in the air as to how much he paid into the system, given his newfound bestseller wealth. The release also confirms that Sanders' income crossed the $1 million threshold in 2016 and 2017, though he reported less earnings in his most recent return.

The exchange threatens to shred an already frayed public détente between the wider circles surrounding both Sanders and Clinton, who fought a bitter 2016 presidential primary that still looms large in the minds of many Democrats - if only because they fear a divisive replay in 2020.

It's tradition for presidential candidates, and most candidates for federal office, to release their tax returns.

Sanders cited two posts about him by ThinkProgress, a website run by CAP's political arm, and past pieces focused on Sens.

The effective rates and income both represent substantial increases from 2014, which was the previous year of tax returns publicly released by the candidate, when he earned $205,617 and paid a 13.4% effective rate.

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"I wrote a best-selling book". Watch the Senator's town hall on Fox News Channel now.

Senator Bernie Sanders (I-Vt.) found himself in a unusual predicament after he revealed he was a millionaire amid questions about his unreleased tax returns.

Taxes paid: $697,611, or 37%.

Trump had telegraphed his Treasury secretary's move Wednesday, telling reporters he wouldn't release his tax returns since he's still under audit. Kirsten Gillibrand of NY and Washington Gov. Jay Inslee have also released returns dating back to 2007. Sen.

Several in the growing field of Democratic 2020 contenders, including Senators Kirsten Gillibrand, Amy Klobuchar, Kamala Harris and Elizabeth Warren, and Governor Jay Inslee of Washington, have released their 2018 returns in recent weeks.

The former Florida governor released 33 years of tax returns during his failed 2016 presidential bid.

But among presidential candidates, Jeb Bush still holds the modern-day record for the size of a total tax release.

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