Personal tax details released Friday by Cynthia Nixon, the activist and actress trying to become governor of NY, proved two things: she made the most money of any of the candidates in the race and, by far, filed the most complicated set of tax returns.
Governor Andrew Cuomo and primary challenger Cynthia Nixon are engaged in an ugly war of words.
They received $27,000 in rent from a second house that they own in the village of Red Hook, for which they claimed a $15,764 loss for depreciation of the property.
The couple also gave more than $44,000 to dozens of charitable organizations through a foundation they set up to distribute grants.
Molinaro explained in late April why he was waiting until a few weeks past the April 17 filing date to release the details.
"The transparency to me is the main issue", he said. "We just wanted to make sure we had all the information accurately".
It seemed a distinct possibility after she released her 2017 taxes Friday and Cuomo moved in for the kill, questioning why she was only willing to reveal a single year. Cuomo's federal return listed $212,000 in income, including investments and his $179,000 salary.
She said that in 2010, Cuomo only disclosed his total income prior to the election and waited until after he won to release his complete taxes.
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Cuomo in New York City on Friday repeated his contention that releasing one year of taxes is not enough.
Cuomo recently reported income of $213,000 for 2017, while returns made available this week by Republican Marc Molinaro showed him with an adjusted income of $174,000.
Mr. Cuomo lives at a home owned by his longtime girlfriend, the television host Sandra Lee, in Westchester County. He has said that he splits all household expenses with her and pays half of her $37,000 in property taxes.
28 percent support his opponent, actress and activist Cynthia Nixon. Last month, the Nixon campaign said Nixon and Marinoni had filed for an extension. "And this is the wrong business to get into if you have something to hide".
Nixon's finances are complicated and involve her private corporation, named the Fickle Mermaid Corp., as well as a family foundation and income from investments, royalties and residual payments for television and film.
Karen Scharff, the director of Citizen Action, says the donation had no influence on the group's decision to back Nixon for governor.
It has never been mandatory for candidates to release their tax returns, but for decades, statewide candidates for office in NY have done so, as well as presidential candidates.