O'Rourke releases 10 years of tax returns

O'Rourke releases 10 years of tax returns
© Greg Nash

Former Rep. Beto O'RourkeBeto O'RourkeO'Rourke slams Texas official who suggested grandparents risk their lives for economy during pandemic Hispanic Caucus campaign arm unveils non-Hispanic endorsements Five Latinas who could be Biden's running mate MORE (D-Texas), who is running for president in 2020, released 10 years of his tax returns on Monday.

The tax returns stretch from 2008 through 2017, and his campaign said in a statement that O'Rourke will release his 2018 returns "as soon as possible after they are filed." Monday is the deadline for people to file their 2018 returns, the first that reflect President TrumpDonald John TrumpPelosi eyes end of April to bring a fourth coronavirus relief bill to the floor NBA to contribute 1 million surgical masks to NY essential workers Private equity firm with ties to Kushner asks Trump administration to relax rules on loan program: report MORE's tax-cut law, but people can request a six-month extension.

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The campaign added that O'Rourke's decision to release his returns "follows his commitment to increasing accountability and transparency while in the House of Representatives when he held monthly public town halls back in his district where any person could ask any question."

In 2017, O'Rourke and his wife, Amy, had adjusted gross income of $366,455 and paid $81,019 in taxes, for an effective tax rate of 22.1 percent.

The O'Rourkes reported $1,166 in charitable contributions, $1,000 of which went to Annunciation House, which helps migrant, homeless and economically vulnerable people in the El Paso-Juarez area.

O'Rourke became the latest of several 2020 candidates to release his financial information amid an intensified push from Democrats to obtain President Trump's tax returns. Sen. Bernie SandersBernie SandersSome Sanders top allies have urged him to withdraw from 2020 race: report We're at war and need wartime institutions to keep our economy producing what's necessary Larry David: Bernie Sanders should drop out of 2020 race MORE (I-Vt.) also released 10 years of tax returns on Monday.

Other Democratic candidates who have released their returns include Sens. Kamala HarrisKamala Devi HarrisEnlisting tech to fight coronavirus sparks surveillance fears Biden says his administration could help grow 'bench' for Democrats Is Texas learning to love ObamaCare? MORE (Calif.), Elizabeth WarrenElizabeth WarrenDemocrats seize on Trump's firing of intelligence community watchdog Biden says his administration could help grow 'bench' for Democrats Overnight Health Care: CDC recommends face coverings in public | Resistance to social distancing sparks new worries | Controversy over change of national stockpile definition | McConnell signals fourth coronavirus bill MORE (Mass.), Amy KlobucharAmy KlobucharBiden says his administration could help grow 'bench' for Democrats Democrats fear coronavirus impact on November turnout Hillicon Valley: Zoom draws new scrutiny amid virus fallout | Dems step up push for mail-in voting | Google to lift ban on political ads referencing coronavirus MORE (Minn.) and Kirsten GillibrandKirsten GillibrandThe Hill's Campaign Report: Biden struggles to stay in the spotlight Biden fights for attention in coronavirus news cycle Lawmakers already planning more coronavirus stimulus after T package MORE (N.Y.).

Trump has yet to publicly disclose his returns, saying that he is under audit and won't release his taxes until he isn't, though the IRS has publicly said an audit in no way prevents Americans from disclosing their tax info. 

Updated 7:52 p.m.