Warren releases tax returns
April 27th, 2012
03:31 PM ET
3 years ago

Warren releases tax returns

(CNN) – Democratic Massachusetts Senate candidate Elizabeth Warren's campaign released the last four years of her tax returns Friday, reporting income that peaked at nearly $981,000 in 2009.

Warren, the former consumer protection advocate and Harvard professor, and her husband, Bruce Mann, reported earning $831,021 in 2008, $980,670 in 2009, $954,721 in 2010 and $616,181 in 2011.

– Follow the Ticker on Twitter: @PoliticalTicker

In 2011, they paid $191,052 in state and federal taxes and contributed 2.8% of their total income to charity, or $17,209.

Warren's rival, incumbent Republican Sen. Scott Brown, released six years of figures earlier in the day Friday that showed the first term senator earned more once he entered the Senate. He reported earning $357,251 in 2006, $275,921 in 2007, $287,906 in 2008, $249,206 in 2009, $839,520 in 2010, his first year serving in the upper chamber and $510,856 in 2011.

The Browns paid $123,642 in taxes in 2011, or an effective tax rate of 24.2% and contributed $16,487, or 3.2% of their total income to charity.

The candidate's tax returns became the latest sticking point between the two in the escalating battle over the Senate seat Brown won in a special election after Sen. Ted Kennedy passed away in 2009.

After The Boston Globe called for both candidates to release their returns earlier in the year, Brown took up the mantle on Tuesday, saying he would release six years worth of returns. Warren responded saying she would release four years worth, the amount of time she spent in public service.

The Brown campaign criticized Warren's time frame, suggesting she was trying to hide something, but a spokeswoman for Warren said she is offering a "full" record of her finances.

"Elizabeth is not a career politician like Senator Brown, but she will release her tax returns for her entire time in public service and by releasing 4 years of returns, she is providing the people of Massachusetts with a transparent and full accounting of her financial situation," spokeswoman Althea Harney said in an email to CNN.

Both sides are playing politics with the issue, attempting to use the returns to help craft a negative image of their opponent and contribute to their personal narratives.

Brown has pointed to Warren's personal wealth while trying to protect his image as an everyman. He memorably traveled around the state in 2009 and 2010 in his pick-up truck talking to voters. Warren is marketing herself as a champion of the middle class, pushing back against GOP criticism that her wealth makes her an unsuitable voice for the average Massachusetts voter.


Filed under: 2012 • Elizabeth Warren • Massachusetts • Scott Brown • Senate
soundoff (31 Responses)
  1. Marie MD

    What does brown have to say about this now?
    Warren is the ultimate political woman and she REALLY has the best interest of all people unlike brown who is a little wishy washy. okay, a LOT wishy washy.
    MA.WAKE UP!!!!!

    April 27, 2012 03:37 pm at 3:37 pm |
  2. The REAL Truth.. (not the imposter)

    @ Nothing But ... the droll troll vacates again... No, of course the Govt is not your Mommy and Daddy. You seem to believe that it shouldn't be in your life at all, and that all of this is the fault of the Obama administration. Let's put some FACTS on the table:
    – Federal deficits
    B.H.Obama avg chg in deficit: -$164,582,072,015
    G.W.Bush avg chg in deficit: $100,428,123,853
    W.J.Clinton avg chg in deficit: -$20,598,420,231
    G.H.W.Bush avg chg in deficit: $8,581,713,734
    R.Reagan avg chg in deficit: $13,317,630,435
    J.Carter avg chg in deficit: -$1,082,068,207
    G.Ford avg chg in deficit: $23,063,577,975
    R.M.Nixon avg chg in deficit: $2,930,262,962

    Notice the NEGATIVE numbers next the the Dem Presidents? Those are deficit DECREASES. Notice there is not a single negative number next to a GOP President! Whu is that?
    Why did Reagan INCREASE Federal Employees by 238,000 under his administration. 53,000 under Dubya.
    Why has the Obama administration CUT 273,000 govt jobs ??

    So which party (despite the current deficit spending) is the one for SMALLER Govt and LESS Govt. It's NOT the GOP!

    April 27, 2012 03:40 pm at 3:40 pm |
  3. Dr. Knowitall

    Whoa, can you say "Public service has been very very good to me!"
    How does someone make that kind of cash in public service jobs ?
    Showing what she made prior to would be very enlightening.

    April 27, 2012 03:42 pm at 3:42 pm |
  4. NVa Native

    Another one of theose nasty Democrats promoting that they themselves should pay more taxes along with everyone else who makes a lot of money. She should be so ashamed of her non-greedy (non-GOP) position.

    April 27, 2012 03:46 pm at 3:46 pm |
  5. Rudy NYC

    Done. Now let Brown whine about tax returns. Move on, Elizabeth.

    April 27, 2012 03:48 pm at 3:48 pm |
  6. Four and The Door

    Warren is marketing herself as a champion of the middle class, pushing back against GOP criticism that her wealth makes her an unsuitable voice for the average Massachusetts voter.
    _________________________________________________________________________________________________
    Who cares about her money? Her far left liberal view of government makes her unsuitable for anyone who wants to see America recover. That includes the middle class, right? Big government and knee-jerk regulation do to an economy what we have seen for the last 3 years. Stuck in neutral.

    April 27, 2012 03:58 pm at 3:58 pm |
  7. Gurgyl

    Why not Scott brown release his four years? Mass go for elizebeth warren.

    April 27, 2012 03:59 pm at 3:59 pm |
  8. The Real Truth and Nothing But Real Truth

    Hilarious... Warren is a 1%er!! Just another rich millionaire that wants to run for office. Yes, I'm sure she knows about the average person. Next joke. And pulling in almost a million a year but giving paltry amounts to charity? Yes, she's another cheap Democrat hypocrite. I wonder how many illegals she has working for her???

    April 27, 2012 04:01 pm at 4:01 pm |
  9. The Real Tom Paine

    Brown is a US Senator....he's not a regular guy, no matter how many miles his pickup has on it. Warren is at least not bothering to play that line. This is a non-issue: what is of greater interest should be how many promises Brown will break if he's re-elected.

    April 27, 2012 04:06 pm at 4:06 pm |
  10. cnelson

    some people choose a profession they really enjoy and the money is a bonus,some people do it because of the money could give a s what really happens to others, i think warren is ok

    April 27, 2012 04:16 pm at 4:16 pm |
  11. The Real Truth and Nothing But Real Truth

    Just LOVE that picture of Warren looking down her nose at all of us!! A perfect example of the liberal elite know it alls.

    April 27, 2012 04:16 pm at 4:16 pm |
  12. spenteco

    The lil GOPer literally tremble at the thought of an ethical, brainy, and pro-consumer candidate beating Brownie and holding court in the U.S.Senate. They proved their fear is real when they held up Warren's nomination to lead the charge at the newly formed consumer advocacy post. Smart women in government seems to be our only hope. It appears there is just not enough honest men in the Congress to stand up against the multi-nationals. She is onto Wall St. and they know it. Those thieves also know their time is coming. She will put the big time pressure on, I can hardly wait. We need to jail a bunch of those SOBs.

    April 27, 2012 04:18 pm at 4:18 pm |
  13. Another Day in the RW Idiot Mines

    "Who cares about her money? Her far left liberal view of government makes her unsuitable for anyone who wants to see America recover."

    How is it "far left" when she advocates policies supported by large numbers of Americans?

    April 27, 2012 04:18 pm at 4:18 pm |
  14. Flipper Rmoney Failure Ahead

    Of course the real story here is Rmoney's hidden tax returns. He tried to hide his records as governor and now he's hiding his taxes. Yet all his groupies used to come here and spout flowery nonsense about what a "good man" and "good businessman" he was.

    And speaking of the LSD Rmoney groupies, anyone else notice they've been strangely silent here now that the primaries are essentially over? Just another piece of evidence pointing to the GOBP cult's use of paid trolls on sites like these. Good job; checks in the mail guys! Don't forget to sign up for our next propaganda blitz next month.

    April 27, 2012 04:23 pm at 4:23 pm |
  15. The Real Tom Paine

    -The Real Truth and Nothing But Real Truth

    Just LOVE that picture of Warren looking down her nose at all of us!! A perfect example of the liberal elite know it alls.
    **************************************************
    This coming from the one who posts more toxic nonsense than anyone?

    April 27, 2012 04:29 pm at 4:29 pm |
  16. The Real Tom Paine

    -Four and The Door

    Warren is marketing herself as a champion of the middle class, pushing back against GOP criticism that her wealth makes her an unsuitable voice for the average Massachusetts voter.
    _________________________________________________________________________________________________
    Who cares about her money? Her far left liberal view of government makes her unsuitable for anyone who wants to see America recover. That includes the middle class, right? Big government and knee-jerk regulation do to an economy what we have seen for the last 3 years. Stuck in neutral.
    *******************************************************************
    As opposed to the economic free-fall due to a complete failure to carry out the rules that were in place? Please, keep sucking that kool-aide if it helps you to ignore the failures the Right stuck us with for over 3 decades.

    April 27, 2012 04:32 pm at 4:32 pm |
  17. The Real Truth and Nothing But Real Truth

    All that pictures needs is a catoon balloon with the words "Ah yes, you small poor people can trust me to provide for your every need. There shall be cake for all!"

    April 27, 2012 04:37 pm at 4:37 pm |
  18. Darrell

    The REAL Truth.. (not the imposter)....you have been so dis-credited in the past that we all over look your comments. Then again, when we need a good laugh we stop to read your comments. Have a good weekend, my friend.

    April 27, 2012 04:39 pm at 4:39 pm |
  19. Ling

    The REAL Truth.. (not the imposter)
    ----------–
    Those numbers are a good laugh and a flat out lie. Clinton is the only one that is close to accuate and the rest make me hope you are not doing anything other than book keeping in prison.

    April 27, 2012 04:42 pm at 4:42 pm |
  20. Knucklehead

    If Warren is such a 1%er, then why wouldn't the Republicans approve her as head of the Consumer Financial Protection Bureau? She's an advocate for the middle class. She came from the middle class. She has seen opportunity pulled out from under people by so called conservatives who truly serve only the rich.

    April 27, 2012 04:46 pm at 4:46 pm |
  21. BLKMANinAmerica

    WOW, looks like Brown has turn into a typical repuk politican. He sure sounds like one now, didn't before but now "he is Washington".

    April 27, 2012 04:47 pm at 4:47 pm |
  22. The Real Truth and Nothing But Real Truth

    Another Day in the RW Idiot Mines
    How is it "far left" when she advocates policies supported by large numbers of Americans?
    ======================================================================
    She advocates policies supported by large numbers of looney tune leftist Americans, which is still a SMALL MINORITY in the USA, thankfully.

    April 27, 2012 04:48 pm at 4:48 pm |
  23. Knucklehead

    Actually, Brown isn't all that bad. It's too bad she hasn't moved back to Oklahoma and run against Inhofe. Now that would be an improvement.

    April 27, 2012 04:48 pm at 4:48 pm |
  24. Marcuscassius

    Truth and Nothing But the Truth-

    Truths test is that it needs no defense. You are defending every word you say, therefore you are not telling the truth. Your only truth is that you represent your party well. very telling.

    April 27, 2012 04:48 pm at 4:48 pm |
  25. Knucklehead

    Big Money is shafting the Middle Class. Period. That's not Capitalism, it's not Conservatism. It's Plutocracy. It's Oligarchy.

    April 27, 2012 04:50 pm at 4:50 pm |
1 2