David Cay Johnston: Bernie Sanders holds himself out to huge and adoring crowds as a model of personal, political and financial integrity. But when it comes to revealing his income tax returns, Sanders is as tricky a politician as Republicans Ted Cruz and John Kasich. … The Sanders, Cruz and Kasich campaigns have all distributed what they claim are tax returns; Kasich for seven years, Cruz for four, and Sanders for just one year, 2014. But those proclaimed disclosures were neither accurate nor honest. None of those candidates has released even a single tax return. What they made public instead was merely a summary known as IRS Form 1040.
As for Sanders, the single Form 1040 he released raises more questions than it answers, especially since the junior senator from Vermont has a history of making incomplete and misleading financial disclosures.
In 2014, he reported an adjusted gross income of $205,271, most of it from his Senate salary.
What appears unusual are his itemized deductions, totaling $56,377, a whopping 27.4 percent of his income. People in his income class of $200,000 to $500,000 on average take 15.6 percent of their income as deductions, while those in the $100,000 to $200,000 range averaged 18.8 percent. Both averages are far below the Sanders itemization rate.
Sanders and his wife paid $27,653 in federal income tax, or 13.4 percent of their adjusted gross income.
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