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Bernie Sanders Released His Tax Returns. He’s Part of the 1%.

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Mr. Sanders’s income shot up after his last presidential bid, topping $1 million in 2016 and 2017 as proceeds from books drove up his earnings.
WASHINGTON — Senator Bernie Sanders of Vermont disclosed 10 years of tax returns on Monday, providing a more detailed look at his finances than he offered when he ran for president in 2016.
The returns show that Mr. Sanders’s earnings shot up after his first presidential bid, when he built up a vast national following. His income topped $1 million in 2016 and 2017, lifted by proceeds from his books.
Mr. Sanders and his wife, Jane O’Meara Sanders, had an adjusted gross income of $561,293 in 2018, according to their most recent tax return. Mr. Sanders had about $393,000 in book income last year, and he and his wife reported giving $18,950 to charity.
Their federal taxes came to $145,840, for an effective federal tax rate of 26 percent.
Mr. Sanders’s higher income in recent years creates some political awkwardness for the senator, who in his 2016 presidential campaign frequently railed against “millionaires and billionaires” and their influence over the political process.
His income now puts him within the top 1 percent of taxpayers, according to data from the Internal Revenue Service.

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