California recall election: Gov. Gavin Newsom’s challengers have tax returns disclosed – Fresno, California

Fresno, California 2021-07-20 22:16:39 –

Sacramento, CA-Caitlyn Jenner’s revenues have plummeted over the past few years, from the $ 2.5 million high she had on her reality show in 2016 to the $ 550,000 tax filing show.

Jenner is one of the people running for the national dismissal election for Governor Gavin Newsom of California. All candidates had to file their tax returns for the last five years by last Friday, but Jenner and many other applicants have not yet filed their tax returns for 2020, so they only file for four years. did not do it.

In 2019, Newsom signed a law requiring presidential and governor candidates to file tax returns on California ballots. It was passed to force former President Donald Trump to file a tax return during the 2020 elections. The court withdrew the president’s requirement, but left it for the candidate for governor. This is the first election to which it applies.

Jenner was a gold medalist in the 1976 Decathlon, married Kris Jenner, and starred in the reality show Kardashian Family. Jenner appeared as a transgender woman in 2015.

Her tax return gives a glimpse of how her fame has helped her financial interests.

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She earned $ 1.9 million in 2017, when the memoir “The Secrets of My Life” was released, and $ 2.5 million in 2016, the second season of the reality show “I Am Cait.” She earned about $ 1.5 million from the book. It wasn’t immediately clear from the tax return how much Jenner earned from the show.

Jenner’s revenue was approximately $ 550,000 in both 2018 and 2019. Most of them are Team Tours Inc. It was from an entity called Cait’s World and her business, Cait’s World. Her campaign did not respond to requests for comment on what kind of work Jenner did for which business.

She also paid income and taxes in Australia, Greece, Indonesia, the United Kingdom and Ireland. She made the most money by far in Australia. In Australia, the 2019 tax return had total revenue of $ 320,000. That year she starred in the British show “I’m a Celebrity … Get Me Out of Here” set in Australia.

Jenner is currently in Australia and is working on a celebrity version of the reality show “Big Brother.”

All of Jenner’s charitable donations were donated to the Caitlyn Jenner Foundation. The Caitlyn Jenner Foundation states on its website that it is subsidizing organizations that empower transgender people.

Governor candidates were also required to submit a statement of economic benefit indicating their investment. Jenner’s form shows that it holds shares in dozens of companies, including $ 10,000 to $ 100,000 worth of investments in California-based Facebook and Google. She has invested up to $ 10,000 in Boeing, Wells Fargo, Berkshire Hathaway and many others.

The statement rates Kate’s world and her publishing body, CJ Memories, between $ 100,000 and $ 1 million. She also has an aircraft holding company called Caitlin Aviation and is a passive investor in Luma Suncare, a skin care company run by her fellow Sophia Hutchins.

Newsom released its 2019 tax return in May, showing that it earned $ 1.7 million, about $ 500,000 more than the previous year, its last year as Vice Governor. Newsom’s campaign, though not posted online, said he had published his tax return to the Secretary of Foreign Affairs. Newsum was not technically a candidate for a recall and did not need to be submitted.

The recall election is September 14th. Let’s take a look at the tax information of the other major Republicans among the 41 candidates.

-Republican and former mayor of San Diego, Kevin Faulconer, brought back a mayoral salary of $ 69,000 to $ 80,000 each year from 2016 to 2019. He has also not applied for a refund in 2020. Faulconer applied in collaboration with his wife, who runs an event business in San Diego. The couple’s charitable donation was a donation to goodwill.

-Millions of Republican entrepreneurs who lost to Newsom in 2018, John Cox, recorded losses in several of his apartments and received a deduction including $ 139,000 in charitable donations. , Had $ 0 taxable income in 2019.

-Representative Kevin Kylie reported revenue of $ 113,000 in 2020. This includes approximately $ 1,400 from the sale of cattle from his company, Ose Killy Quatre. He also reported receiving over $ 10,000 in loan repayment assistance from his alma mater, Yale Law School. Kylie paid a federal tax of about $ 18,000 that year and was eligible for a refund of about $ 1,600. He is a Republican.

-Real estate investor Ose and his wife jointly submitted and reported income of approximately $ 717,000 in 2019. This is the latest year available. Their tax was $ 193,000, but they paid a total of $ 260,000 and were eligible for a $ 67,000 refund.

Copyright © 2021 By AP communication. all rights reserved.

California recall election: Gov. Gavin Newsom’s challengers have tax returns disclosed Source link California recall election: Gov. Gavin Newsom’s challengers have tax returns disclosed

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