NYC Mayor de Blasio Paid 8.3 Percent Income Tax

Wednesday, 16 Apr 2014 12:45 PM

By Melissa Clyne

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
New York City Mayor Bill de Blasio, who campaigned on a platform of raising taxes on the wealthy, paid an effective federal tax rate of 8.3 percent in 2013, according to The Wall Street Journal.

De Blasio and his wife, Chirlane McCray, reported a gross adjusted income of $165,047. The amount is a combination of his salary as public advocate, a tax refund, and $45 in interest, The New York Times reports.

The de Blasios reported giving $5,597 — or 3.4 percent of their adjusted gross income —  to charity. The mayor’s aide told the Times that the de Blasios support the Brooklyn Food Coalition, which promotes food justice and sustainability; UpBeat NYC, which offers music classes to children in the South Bronx; and the Red Hook Initiative, which provides programs for young people, as well as churches throughout the city.

The couple also reported $52,200 in rent on a duplex rowhouse in the Park Slope section of Brooklyn. The de Blasios claimed a loss on the property after accounting for mortgage costs and depreciation, according to the Times.

As mayor, de Blasio will be paid $225,000 annually.

While campaigning to succeed billionaire Mayor Michael Bloomberg, de Blasio proposed raising income taxes for New Yorkers earning more than $500,000 to pay for universal, all-day prekindergarten and after-school programs.

The state legislature approved funding statewide pre-k, but did not allow the tax increase. Even so, de Blasio took credit for the funding approval, saying his efforts paved the way for the decision, according to Bloomberg.

Related Stories:


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Actor Booth Colman Dies at 91

Sunday, 21 Dec 2014 21:30 PM

Booth Colman, who had a long career as an actor including the role of ape scientist Dr. Zaius in the 1970s "Planet of th . . .

FSU Quarterback Jameis Winston Cleared in Campus Rape Hearing

Sunday, 21 Dec 2014 19:12 PM

Florida State University star quarterback Jameis Winston has been cleared in a student conduct code hearing looking into . . .

Satanic Temple Puts up Display at Michigan Capitol

Sunday, 21 Dec 2014 18:42 PM

Christians and Satanists put up competing displays Sunday on the Michigan Capitol grounds in Lansing as Christmas week g . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved