Kasich releases partial tax returns, raising pressure on Trump

Republican presidential candidate John Kasich released partial tax returns on Saturday, leaving Donald Trump as the only GOP contender who has yet to do so.

Kasich released the first two pages of his returns from 2008 to 2014. Over that time period, he and his wife, Karen, had adjusted gross income of almost $5.1 million and paid a total of about $1.3 million in federal income taxes. They also paid a total of about $376,000 in state taxes.

{mosads}The income came from sources including Kasich’s work as Ohio governor, as an employee at the now-defunct investment bank Lehman Brothers, as a commentator on Fox News and from investments, the campaign said.

The Kasiches had an average effective federal tax rate from 2008 to 2014 of 24.29 percent. The rate ranged from a low of 15.11 percent in 2013 to a high of 27.77 percent in 2010. 

Two of the governor’s three remaining rivals for the Republican presidential nomination, Ted Cruz and Marco Rubio, released partial tax returns last week.

Trump, a businessman and the front-runner for the nomination, has faced pressure to release his returns, but has said that he will not do so while the Internal Revenue Service is auditing him. The IRS said that nothing prevents taxpayers from releasing their returns during an audit.