How Did Mike Dewine Make His Money

COLUMBUS - Mary Taylor didn't donate to charity last year. Joe Schiavoni didn't give much either. Near of Mike DeWine'due south income comes from his family fortune.

Some of the candidates for Ohio governor released their tax returns this week to reporters. Here's what we learned.

1. Mary Taylor wasn't feeling charitable in 2017.

The Ohio lieutenant governor took home $97,197 last twelvemonth, most of it from her state salary. The rest came from interest and investment income.

Out of that, she gave not a dime to charity.

Mary Taylor files taxes individually, listing only her own income, instead of jointly with married man Donzell. She has washed so "for many years," spokesman Michael Duchesne said. The campaign released just her individual tax return for 2017.

And so did the Taylor family give to charities out of her married man'southward income?

"The Taylor family unit is very giving of both their fourth dimension and resource to charity," Duchesne said.

Taylor gave $756 to clemency in 2016 and nothing in 2015, Duchesne said.

two. How much coin do the Taylors really brand? Nosotros don't know.

Taylor'southward husband, Donzell, owns a successful commercial construction business concern in Cleveland. The event of filing singly: We don't know the full amount of money going into the Taylor household, nor the full they pay in taxes.

three. Richard Cordray sold some investments, wary of President Donald Trump's America.

Cordray, the erstwhile leader of the U.S. Consumer Financial Protection Bureau, and his married woman, Margaret, a law professor in Columbus, brought home $297,667 in 2017. Their income was higher in 2016 – $434,585 – in part considering they sold more than than $120,000 in investments that year.

A printing aide confirmed that Cordray, a President Barack Obama appointee, sold the funds because of his discomfort with Trump'southward leadership and uncertainty over the effect information technology would have on the U.S. economic system.

QUIZ:Which candidate for Ohio governor exercise you most agree with on the issues?

4. Mike DeWine's total income is 6 times his state pay.

DeWine took home $100,449 last twelvemonth from his state job. He earned an additional $500,000-plus from involvement, dividends and capital gains from his investments and family trusts. He as well pocketed $87,188 from a pension he receives equally a quondam U.Due south. senator, and he lost $80,673 on rentals and businesses he owns.

The DeWine family'due south wealth started with his father'due south seed business and the Ohio Twine Co. Information technology has expanded to include a pocket-sized-league baseball team in Asheville, N.C.

DeWine and his wife gave most ix percent of their income in 2017. Recipients included several Cosmic groups, organizations that discourage women from getting abortions and local charities such as the Yellowish Springs Senior Middle and Greene County Historical Order. The DeWines gave more than $15,000 to a schoolhouse in Republic of haiti named for their tardily daughter.

The DeWine family besides runs a charitable foundation, which had $13.7 meg in assets at the end of 2017. It gave out nearly $740,000 last year, including $400,000 for schools in Haiti and thousands of dollars for scholarships.

More:Republicans endorse Mike DeWine as Mary Taylor throws bombs

5. Speaking of charity, Joe Schiavoni didn't requite much either.

Schiavoni and his wife earned $207,990 in 2017. He is a state senatorfrom the Youngstown expanse, and she is a nurse anesthetist.

They didn't give any of those earnings to charities. But they did make a not-cash charitable gift (such as a donation of used clothing to Goodwill) worth $268.

One-time U.S. Rep. Dennis Kucinich and his wife claimed $ane,080 in 2016 and $6,482 in 2015 in charitable donations. A campaign spokesman said the Kucinichs make contributions that they choose non to claim on taxes. Their 2017 form was not available because they filed for an extension.

In comparison, Democrat Richard Cordray and his wife contributed an average of $21,500 to charity over the by three years.

half-dozen. The candidates for governor are paying revenue enhancement rates pretty similar to the rest of us.

Mary Taylor's federal taxes work out to xviii.6 percent of her total income. DeWine's piece of work out to 17.9 percentage in 2017. The Schiavonis paid sixteen.9 percent of their total income in federal taxes. Kucinich and his wife paid 17.6 per centum of their total income in 2015 and 22.4 percent in 2016.

The average Ohio tax bill makes upwardly 17.4 percent of adjusted gross income, federal information show. (For all three candidates, adjusted gross income was equal to full income in 2017.)

The Cordrays' taxes were actually slightly higher than the boilerplate Ohioan's rate. He paid between xix.five pct and 22.four percent in the past three years.

What nigh the residue?

Democrat Neb O'Neill said he will release his taxation returns soon.

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Source: https://www.cincinnati.com/story/news/politics/elections/2018/04/26/mary-taylor-welty-construction-charitable-giving-mike-dewine-foundation-tax-returns/554122002/

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