The Mayor of New York City Bill de Blasio slammed President Trump on Tuesday via Twitter. “See, President Trump? It’s not that hard,” de Blasio tweeted and he showed a copy of his 2016 federal taxes. The New York Daily News reports:
— Bill de Blasio (@NYCMayor) April 18, 2017
The couple reported an adjusted gross income of $220,651, and paid a total of $69,523 in federal, state and city taxes — an effective tax rate of 31.51%, according to Henry Berger, special counsel to the mayor.
Hizzoner drew an annual salary of $217,217, listing his occupation as an “elected official.” McCray, who heads the Mayor’s Fund to Advance New York City and listed her occupation as a writer, does not draw a salary from the fund.
Two homes that de Blasio rents in Park Slope brought in more than $100,000 in combined rental income: $56,500 for a two-family home he inherited and has rented for years and $49,500 for the family residence where he lived before moving to Gracie Mansion.
But the couple reported taking a loss on both properties after mortgage interest, repairs ($573 worth on the two-family, $250 on his former home), depreciation, insurance, legal fees and other expenses. They reported a $5,480 loss on the two-family and $757 loss on the single-family home.
De Blasio, who has called for freezes of rent in rent-stabilized buildings, has raised the rent on two units in one of the properties, citing repairs and expenses.
The couple donated $2,088 to charity, according to the returns.
See Mr. President it really isn’t that hard and we know how much you love Twitter!
Source: New York Daily News