Another Phony Socialist
Funny how the "share the wealth" Left always
manages to line their own pockets with cash.
Bernie Sanders released his 2014 tax return this weekend, revealing that he and his wife took $60,208 in deductions from their taxable income.
These deductions are all perfectly legal and permitted under the U.S. tax code, but they present a morally inconvenient, if delicious, irony: The Democratic socialist from Vermont, a man who rages against high earners paying a lower effective tax rate than blue-collar workers, saved himself thousands using many of the tricks that would be banned under his own tax plan.
With all of his itemized deductions, Sanders’s taxable income was significantly lower than it would have been if he had taken the standard deduction. The deductions left Sanders and his wife paying $27,653 in federal income taxes in 2014, on a joint income of $205,271 — an effective federal tax rate of 13.5 percent.Read More . . . .