What we've learned from 2020 candidates' tax returns

[Yo_Mama_Been_Loggin]

A handful of Democratic candidates for president have released at least 10 years of federal tax returns in an effort to promote transparency and create a contrast with President Donald Trump, who's refused to release his returns both as a candidate and as president.

Here are some of the notable takeaways from the new financial data of Sens. Bernie Sanders, Kamala Harris, Elizabeth Warren, Washington Gov. Jay Inslee and former Rep. Beto O'Rourke:

What they're earning

One of the most apparent takeaways from a candidates' tax documents is how much they're making each year.

All the candidates reported making more than $200,000 in adjusted gross income in 2018, putting them substantially above an average American's earnings, ranging from Harris, whose husband is a partner at a law firm, ($1.9 million) and Warren ($846,394), to Inslee ($202,912).

Of the seven 2020 candidates to release returns, at least three are millionaires: Sanders, Warren and Harris.

Sanders, famous for his campaign against the unjust power of the richest 1%, reported adjusted gross income of $1.06 million in 2016 and $1.13 million in 2017. The bump in income those years was more than four times his income from a year earlier because of his bestselling 2016 book, "Our Revolution."

-more-

https://www.msn.com/en-us/news/politics/what-weve-learned-from-2020-candidates-tax-returns/ar-BBW1uL0?li=BBnbcA1

[George II]

1. Nationally an income of about $450K puts one in the 1%. In some states a significantly lower....

....income puts one in the 1%.