BREAKING NEWS

Sanders return shows federal tax rate of 13.5 percent in 2014

By REUTERS

APRIL 16, 2016 03:43

Updated: APRIL 16, 2016 03:42

WASHINGTON - US Democratic presidential candidate Bernie Sanders and his wife paid $27,653 in federal income taxes in 2014, an effective federal tax rate of 13.5 percent, according to their tax return released on Friday by his campaign.

Sanders, a US senator from Vermont, and his wife, Jane, had income of $205,271, according to the tax return. They made charitable contributions totaling $8,350.

On Thursday night, in a debate in the New York City borough of Brooklyn, Sanders promised to release his tax returns after his rival for the Democratic nomination, former Secretary of State Hillary Clinton, raised the issue.

"You'll get them, yes," Sanders said. "They are very boring tax returns. No big money from speeches, no major investments. Unfortunately - unfortunately - I remain one of the poorer members of the United States Senate."

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