Markey releases taxes, paid 20 percent federal rate
Friday, May 24, 2013 By: Hillary Chabot and Joe Battenfeld
Democratic Senate candidate Edward Markey finally made public his tax returns for the first time in his 37-year congressional career today showing he paid about a 20 percent federal tax rate on his annual salary of $161,443.
A summary of Markey’s returns released by his campaign showed he paid $32,399 to the federal government in 2012 and $7,333 in taxes to the state, for a combined rate of nearly 25 percent. Markey filed separately from his wife.
Markey released his returns dating back to 2005 and has largely paid around the same rate every year. The lowest rate he paid to the federal government was just under 18 percent in 2008 and a combined 22% in state and federal taxes. Markey’s decision to make public his tax returns was timed for the Friday before a holiday weekend in an attempt to minimize the impact on his campaign. He had been delaying putting the returns out for more than a week despite Democrats attacking Gomez for failing to release enough years of his returns.
Gomez, a millionaire Cohasset businessman, made public his tax returns spanning the years 2006-2011 during his primary campaign in March. Gomez also paid about a 20 percent rate on his annual income. Markey was elected to Congress in 1976 and owns a home worth more than $1 million in the affluent Washington suburb of Chevy Chase, Maryland.
Markey of course, is definitely typical Massachusetts Sleazeoid Pond Scum ... at least four kinds of crook ... and living proof that the 17th Amendment ought to be repealed., But hey, he does serve two legitimate purposes: that is he
(a) Makes us glad we don't live there, and
(b) Causes us to redouble our border patrols to attempt to slow down the exodus of Massholes in our direction.