Politics
As the campaign for Senate Seat heats up, Cory Booker releases his tax returns
Booker’s Republican challenger, Steve Lonegan, has been hounding Booker to release his tax returns. Lonegan has not during his Senate campaign.
“Cory Booker has now made an historic gesture of transparency, and we challenge Steve Lonegan to do the same,” said Booker campaign manager Addisu Demissie.
Lonegan did not immediately return a request for comment.
Lonegan filed an open records lawsuit against Newark on Thursday, claiming it did not provide him with audits, travel expenses and other financial disclosures from Booker and other members of his city hall staff.
Booker’s city spokesman said the mayor does not have a city credit card and does not take reimbursements. Booker claimed few to no deductions for travel and meals on his tax returns.
The returns show Booker made about US$100,000 from stock sales in the past 15 years. He’s also had some flubs, losing about US$5,000 on IBM stock. Booker’s parents were executives at the company.
According to his Senate forms, Booker holds shares of companies including Facebook, Netflix, Nike and Ebay.
In more recent years, Booker lists his home address as his campaign office or City Hall. Filings show he started paying real estate taxes on a home in 2010.
Copyright 2013 The Associated Press
