Kamala Harris releases 15 years of taxes, reveals $2 million income ,
Sen. Kamala Harris joined the ranks of 2020 Democratic presidential candidates who have shared their tax returns,
Releasing 15 years of filing Sunday. The returns date back to her tenure as the district attorney for San Francisco and when her total income of $144,000 consisted almost entirely of her salary.
The California Democrat’s income jumped substantially after her marriage to attorney Douglas Emhoff. The couple began filing jointly in 2014 and showed a total income of more than $2 million for 2018.
She and Emhoff paid more than $2.2 million in taxes over the past five years with an average effective tax rate of more than 32%. Most of the money comes from Emhoff’s practice. He reported more than $1 million in income in each of their joint returns.
None of Harris’ primary opponents has released as many years of returns, which the Harris campaign said makes “her the most transparent candidate in the field when it comes to information about her personal finances.”
Other Democratic candidates who have released their tax returns include Washington Gov. Jay Inslee, Sens. Kirsten Gillibrand of New York, Amy Klobuchar of Minnesota and Elizabeth Warren of Massachusetts. Gillibrand and Inslee released 12 years of returns from 2007 to 2018, Warren released 11 years from 2008 to 2018 and Klobuchar released 12 years from 2006 to 2017.
Former Texas Rep. Beto O’Rourke and former Secretary of Housing and Urban Development Julián Castro said they would disclose their tax returns, The Texas Tribune reported. New Jersey Sen.
Cory Booker – who released 15 years of taxes during his 2013 Senate campaign – and South Bend, Indiana, Mayor Pete Buttigieg also pledged to release their returns.