Los Angeles mayoral candidate Rick Caruso responded to an opponent's challenge by declaring how much he paid in taxes. But, unlike most other major candidates, he refused to release his full returns.
Rick Caruso joined rivals Karen Bass, Joe Buscaino, Kevin de Leon and Mike Feuer onstage for the first time in Tuesday’s Los Angeles mayoral debate.He also said in the two-page tax report that he paid more than $2.3 million in business income taxes and stated that he paid taxes on his 216-foot yacht, Invictus. But the amount levied on the $100-million vessel, now for sale, also remains remains private.
De León said through a spokesman that a recent move prevented him from providing five years of returns, but that he planned to release most of the information by Tuesday. Buscaino and his wife, Geralyn, who works for the Los Angeles Unified School District, paid between 17% and 23% of their income in taxes. Filing alone, Bass paid 22% to 23% to the government. De León’s returns showed he paid 26% in 2017 and 23%, in 2018; while figures released by his campaign indicated 30% of his income went to income taxes in 2021.
In slap about an investigation that has bedeviled the city attorney’s office, Ragone added, “The irony of politicians who practice transparency only when compelled by the FBI or investigations isn’t lost on anyone in LA. It’s these kind of political games that contribute to out of control homelessnesses, rising crime and rampant corruption.”
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Petroleum company fined $1 million for leaks into the SchuylkillThe company was fined for a series of leaks discovered in 2018 and 2019 that left an oily sheen on the west bank of the Schuylkill River in Southwest Philadelphia.
Read more »
Former executive gets prison for $1-billion solar fraudA former energy executive in California who took part in a $1-billion solar power fraud that bilked Warren Buffett’s company and many others has been sentenced to six years in federal prison.
Read more »
Maxine Waters pays daughter another $24,000 in campaign cash, adding to $1.2M in previous paymentsRep. Maxine Waters, D-Calif., paid her daughter another $24,000 in campaign cash during the most recent quarter, Federal Election Commission records reviewed by Fox News Digital.
Read more »
Apple will donate $1 to WWF for each Apple Pay purchase until Earth Day endsApple has started a donation campaign and will donate $1 for each Apple Pay purchase you make in one of its online or retail stores, including the App Store.
Read more »
‘Fantastic Beasts: The Secrets Of Dumbledore’ Looks To Spell Near $160M WW Total By Easter; ‘Father Stu’ Sees $1.6M Opening-Day Box OfficeWarner Bros, which has traditionally ruled the Easter weekend box office, is back, a year after Godzilla vs. Kong brought bread to reopening cinemas during the pandemic. The stateside arrival of J.…
Read more »
This Philly area trader earns over $1 billion a year and pays lower a income tax rate than most AmericansProPublica listed the tax rates of the 400 Americans with the highest incomes from 2013 to 2018. Susquehanna's Jeff Yass earned $1.3 billion a year from 2013-18 and paid 18.7% in federal income taxes.
Read more »