Connect With Us
                     

NEWS

 

Branstad's tax return shows income of $234,907

by KIX101.1 /1230 KFJB News Department posted Apr 17 2014 10:01AM

DES MOINES, Iowa (AP) — Gov. Terry Branstad earned $234,907 and is paying $28,298 in federal taxes for 2013.

The governor and his wife, Chris, are paying $6,235 in state taxes.

By releasing his tax returns Wednesday, Branstad continued a practice he's done annually as governor.

Branstad's governor salary totaled just over $127,000. He also earned more than $54,000 from the state's retirement pension fund from earlier service as governor, lieutenant governor and legislator. Additional income of $22,000 is from capital gains earned on business investments. He also received $35,000 from an IRA following an uncle's death.

Branstad contributed more than $40,000 to charities.

He paid an effective tax rate of 12 percent.

His Democratic opponent, Sen. Jack Hatch, released documents Tuesday showing income of $468,591 from real estate development businesses and his state salary.


 
Filed Under :
Location : Des MoinesIowa
04/17/2014 9:55AM
Branstad's tax return shows income of $234,907
Please Enter Your Comments Below
Title :
Comment :
On Air Now
Kix Listener Club
Recent Posts
Family of F-1 driver says Bianchi still in critcal condition
Bumgarner, Giants beat Royals to win World Series
Zac Brown band one of many acts accompanying Playoff
Soccer player's sexist tweet results in three-game ban
Soccer ref disciplined after breaking protocol to watch Ed Sheeran
Tag Cloud
No Tags Found !
Categories 
Archives