Santorum releases tax returns

Rick Santorum said they would come this week, and here are four years worth of his taxes, from years 2007 through 2010.

They can be found here, here, here and here. The returns are the most in number that have been released by any of the major GOP contenders – Newt Gingrich and Mitt Romney didn’t release several years’ worth.

Santorum and his wife Karen filed joint returns for all four years. As you’ll see from the returns, the Santorums’ adjusted gross income went from about $659,000 in 2007, his first year out of the Senate, to $952,000 in 2008, to $1.1 million in 2009 and about $923,000 in 2010.

They paid about $167,000 in taxes in 2007, about $262,000 in 2008, $310,000 in 2009, and $263,000 in 2010.

There is rental income from a condo and depreciation on that property over the various years. The Santorums’ charitable giving was a small percentage of his income each year.

In 2010, the couple reported some modest gains and losses from sales of Brandywine and United Health Services shares. Santorum had served on the UHS board until he declared his presidential campaign.

via Exclusive: Santorum releases four years of tax returns 

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Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate.

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