ATLANTA: Ga. Senate candidate Nunn releases tax info | Business | Macon.com

2
Jul

ATLANTA: Ga. Senate candidate Nunn releases tax info | Business | Macon.com

ATLANTA — Democrat Michelle Nunn this week released five years of federal tax returns as she awaits the winner of a July 22 runoff between Republicans Jack Kingston and David Perdue for Georgia’s open Senate seat.

To gain insights into the candidates’ personal finances, The Associated Press requested access to the last 10 years of tax returns of the major candidates in the race. Perdue released 10 years of returns ahead of the May 20 primary, while Kingston provided access last month to five years.

The filings, which span from 2009 to 2013, show Nunn’s income as the CEO of the nonprofit Points of Light provided the bulk of the family’s income. Nunn’s husband, Ron Martin, manages the family’s investments, which also provided a steady stream of income.

The couple’s total income ranged from $224,500 in 2009 to a high of about $346,000 in 2012. Last year, the couple’s total income was just over $191,000, as Nunn took a leave of absence after deciding to run for the Senate seat. That year, they claimed about $68,200 in itemized deductions and paid about $26,000 in taxes, or about 13.6 percent of their total income.

via ATLANTA: Ga. Senate candidate Nunn releases tax info | Business | Macon.com.

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