Buttigieg releases 10 years of tax returns
Democratic presidential contender Pete ButtigiegPete ButtigiegScaled-back Pride Month poses challenges for fundraising, outreach Biden hopes to pick VP by Aug. 1 It’s as if a Trump operative infiltrated the Democratic primary process MORE on Tuesday released his tax returns, following similar moves by his rivals as they seek to distinguish themselves from President TrumpDonald John TrumpSenate advances public lands bill in late-night vote Warren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Esper orders ‘After Action Review’ of National Guard’s role in protests MORE, who has come under scrutiny for his personal finances.
Buttigieg, the mayor of South Bend, Ind., and a rising star in the crowded Democratic primary field, released 10 years of tax returns — from 2009 to 2018 — on his campaign website.
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“Mayor Pete has always played by the rules,” Buttigieg’s campaign said in an email. “He’s paid his fair share, and he doesn’t have a whole lot of investments, which means no conflicts of interest or corporate boards. And unlike the current president, he doesn’t have anything to hide.”
Rep. Tim RyanTimothy (Tim) RyanMinnesota AG Keith Ellison says racism is a bigger problem than police behavior; 21 states see uptick in cases amid efforts to reopen Congress must fill the leadership void Pelosi pushes to unite party on coronavirus bill despite grumbling from left MORE (D-Ohio) and Sen. Cory BookerCory Anthony BookerRand Paul introduces bill to end no-knock warrants Black lawmakers unveil bill to remove Confederate statues from Capitol Harris grapples with defund the police movement amid veep talk MORE (D-N.J.) are the other presidential candidates to recently disclose their personal finances publicly.
Other candidates who have released their tax returns are Sens. Kirsten GillibrandKirsten GillibrandWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases Warren, Pressley introduce bill to make it a crime for police officers to deny medical care to people in custody Senate Dems press DOJ over coronavirus safety precautions in juvenile detention centers MORE (D-N.Y.), Elizabeth WarrenElizabeth WarrenWarren, Democrats urge Trump to back down from veto threat over changing Confederate-named bases OVERNIGHT DEFENSE: Joint Chiefs chairman says he regrets participating in Trump photo-op | GOP senators back Joint Chiefs chairman who voiced regret over Trump photo-op | Senate panel approves 0B defense policy bill Trump on collision course with Congress over bases with Confederate names MORE (D-Mass.), Amy KlobucharAmy KlobucharHillicon Valley: Biden calls on Facebook to change political speech rules | Dems demand hearings after Georgia election chaos | Microsoft stops selling facial recognition tech to police Democrats demand Republican leaders examine election challenges after Georgia voting chaos Harris grapples with defund the police movement amid veep talk MORE (D-Minn.), Kamala HarrisKamala Devi HarrisRand Paul introduces bill to end no-knock warrants The Hill’s Campaign Report: Biden campaign goes on offensive against Facebook McEnany says Juneteenth is a very ‘meaningful’ day to Trump MORE (D-Calif.) and Bernie SandersBernie SandersThe Hill’s 12:30 Report: Milley apologizes for church photo-op Harris grapples with defund the police movement amid veep talk Biden courts younger voters — who have been a weakness MORE (I-Vt.), as well as former Rep. Beto O’RourkeBeto O’RourkeBiden will help close out Texas Democrats’ virtual convention: report O’Rourke on Texas reopening: ‘Dangerous, dumb and weak’ Parties gear up for battle over Texas state House MORE (D-Texas) and Washington Gov. Jay InsleeJay Robert InsleeInslee calls on Trump to ‘stay out of Washington state’s business’ Seattle mayor responds to Trump: ‘Go back to your bunker’ Trump warns he will take back Seattle from ‘ugly Anarchists’ if local leaders don’t act MORE (D).
The candidates are releasing their tax returns in order to contrast themselves with Trump, who in 2016 became the first major-party nominee in decades to not make any of his tax returns public.
Trump has said he won’t release his tax returns while under audit, though the IRS has said that nothing prevents people from releasing their own tax information.
Buttigieg’s 2018 tax return shows that he and his husband, Chasten, had adjusted gross income of $152,643, and had total taxes of $20,136, for an effective tax rate of 13.2 percent. They claimed the standard deduction of $24,000.
The couple’s 2018 adjusted gross income is about the same as Booker’s adjusted gross income for 2018, and lower than the income reported on the 2018 returns of every other Democratic presidential candidate. Booker, who is unmarried, reported significantly less income in 2018 than he had in prior years when he had income from his book.
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Buttigieg and his husband got married in 2018, so the most recent tax return is the first they filed jointly.
In 2017, Buttigieg had adjusted gross income of $133,565 — including income from his mayoral salary and from writing — and total tax of $28,830. He claimed $11,542 in itemized deductions, including $765 in charitable donations.
All of the tax returns Buttigieg released show adjusted gross income of under $200,000 for the year, and in several of the years he reported adjusted gross income of under $100,000.
In 2014, when he did not collect his mayoral salary while serving in Afghanistan, Buttigieg had adjusted gross income of $46,150. In 2011, when he first ran for mayor of South Bend, he had adjusted gross income of $7,115.
“As you can see, Pete’s not a millionaire,” the Buttigieg campaign said. “He’s not funding this campaign through personal wealth, corporate PACs, or D.C. lobbyists. He’s running this campaign the same way he’s run his life — by being fair and decent.”
Updated at 3:36 p.m.