Tax returns reveal Booker earned nearly $4 million since 1998, paid $1 million in taxes

Tax returns reveal Booker earned nearly $4 million since 1998, paid $1 million in taxes (via NJ.com)

John Munson/The Star-Ledger NEWARK — Newark Mayor Cory Booker’s political stardom has paid off well. The Democratic U.S. Senate hopeful has earned nearly $4 million from various endeavors over the past 15 years, including an average income of $577…

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Hey Cory, You’re the nominee. How about those tax returns?

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If you work really hard, you can release them:

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What is Booker Hiding? Why?

Neither Booker nor Lonegan have been as forthcoming as Mendenez and Kyrillos were last year

© Jim Urquhart / Reuters;

Democratic U.S. Senate nominee Cory Booker has not released his tax returns, despite a promise to do so, according to the New York Post.

“We will release his tax returns,” vowed Booker campaign spokesman Kevin Griffis more than two weeks ago, yesterday claiming Booker “will continue to raise the bar on transparency — both in this election, and if elected, in the US Senate.”

GOP nominee Steve Lonegan provided three years of returns exclusively to The Post.  The paper said that Lonegan earned $515,280 in 2012, mostly from property sales, and paid nearly $100,000 in federal taxes.

Lonegan said Booker is refusing to release his returns because he used his office, Newark Mayor, to accumulate personal wealth.

“It’s indicative of the fact that he’s got something to hide,” Lonegan told The Post. “It’s clear to me that Booker leveraged the office of mayor . . . to gain wealth.”

The Post has previously reported that Booker received an undisclosed amount in an equity payout from the law firm he was a partner in before being elected mayor. The payout was made from 2007 through 2011.  During that time the firm, Trenk DiPasquale,  collected more than $2 million in fees from local agencies that Booker has direct influence over.

The New York Times reported in May that Booker has earned $1.3 million in speaking fees since becoming mayor and that his Newark home is assessed at $406,000. He earns a salary of $174,496 as mayor.

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