O'Rourke releases 10 years of tax returns

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

Former Rep. Beto O'RourkeBeto O'RourkeColorado GOP Rep. Scott Tipton defeated in primary upset Clinton, Buttigieg among Democrats set to hold virtual events for Biden Redistricting: 'The next decade of our democracy is on the ballot' in November 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 TrumpNew Jersey incumbents steamroll progressive challengers in primaries Tucker Carlson ratchets up criticism of Duckworth, calls her a 'coward' Trump on Confederate flag: 'It's freedom of speech' 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 SandersJoe Biden wins New Jersey primary Biden wins Delaware primary Military madness in the age of COVID-19 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 HarrisTammy Duckworth hits back at Tucker Carlson: 'Walk a mile in my legs' The Hill's Morning Report - Presented by Facebook - Trump wants schools to reopen, challenged on 'harmless' COVID-19 remark Judd Gregg: The coming Biden coup MORE (Calif.), Elizabeth WarrenElizabeth WarrenConsumer bureau revokes payday lending restrictions Tammy Duckworth hits back at Tucker Carlson: 'Walk a mile in my legs' Trump criticizes Redskins, Indians over potential name changes MORE (Mass.), Amy KlobucharAmy KlobucharThe Hill's Coronavirus Report: DC's Bowser says protesters and nation were 'assaulted' in front of Lafayette Square last month; Brazil's Bolsonaro, noted virus skeptic, tests positive for COVID-19 Hillicon Valley: QAnon scores wins, creating GOP problem | Supreme Court upholds regulation banning robocalls to cellphones | Foreign hackers take aim at homebound Americans | Uber acquires Postmates Senate Democrats urge Pompeo to ensure Americans living overseas can vote in November MORE (Minn.) and Kirsten GillibrandKirsten GillibrandDemocratic lawmakers call for expanding, enshrining LGBTQ rights The Hill's 12:30 Report: Fauci 'aspirationally hopeful' of a vaccine by winter The Hill's Morning Report - Officials crack down as COVID-19 cases soar 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.