Buttigieg releases 10 years of tax returns

Buttigieg releases 10 years of tax returns
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Democratic presidential contender Pete ButtigiegPete ButtigiegOn The Money — Presented by Wells Fargo — Pelosi plows full speed ahead on jam-packed agenda Blumenthal calls on Buttigieg to investigate American Airlines-JetBlue partnership LGBT film festival to premiere documentary about Pete Buttigieg MORE on Tuesday released his tax returns, following similar moves by his rivals as they seek to distinguish themselves from President TrumpDonald TrumpKinzinger says Trump 'winning' because so many Republicans 'have remained silent' Our remote warfare counterterrorism strategy is more risk than reward Far-right rally draws small crowd, large police presence at Capitol 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) RyanHawley endorses Vance in Ohio Senate race Congress should know what federal agencies are wasting  Trump administration trade rep endorses JD Vance in Ohio Senate race MORE (D-Ohio) and Sen. Cory BookerCory BookerDOJ announces agencywide limits on chokeholds and no-knock entries Fighting poverty, the Biden way Top Senate Democrats urge Biden to take immediate action on home confinement program 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 GillibrandHochul tells Facebook to 'clean up the act' on abortion misinformation after Texas law Democratic senators request probe into Amazon's treatment of pregnant employees The FBI comes up empty-handed in its search for a Jan. 6 plot MORE (D-N.Y.), Elizabeth WarrenElizabeth WarrenFederal Reserve officials' stock trading sparks ethics review Manchin keeps Washington guessing on what he wants Warren, Daines introduce bill honoring 13 killed in Kabul attack MORE (D-Mass.), Amy KlobucharAmy KlobucharHarris, CBC put weight behind activist-led National Black Voter Day Seven takeaways from California's recall election Live coverage: California voters to decide Newsom's fate MORE (D-Minn.), Kamala HarrisKamala HarrisRepublicans caught in California's recall trap Harris facilitates coin toss at Howard University football game Far-right rally draws small crowd, large police presence at Capitol MORE (D-Calif.) and Bernie SandersBernie SandersSunday shows preview: Coronavirus dominates as country struggles with delta variant Democrats urge Biden to commute sentences of 4K people on home confinement Briahna Joy Gray: Push toward major social spending amid pandemic was 'short-lived' MORE (I-Vt.), as well as former Rep. Beto O'RourkeBeto O'RourkeTexas Democrat to filibuster GOP elections bill Lawmakers must also serve as community organizers O'Rourke mum on run for Texas governor MORE (D-Texas) and Washington Gov. Jay InsleeJay Robert InsleeSeattle area to require COVID-19 vaccine to enter indoor venues Washington state troopers, firefighters sue over vaccine mandate Washington state enacting mask mandate for large outdoor events 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.

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.