AP NEWS

Lamont releases tax returns, earned $18 million over 5 years

October 20, 2018

HARTFORD, Conn. (AP) — Two of the three major candidates for Connecticut governor have now released their tax information.

Democrat Ned Lamont, a wealthy Greenwich businessman, released partial information Friday about federal and state taxes paid over the past five years. Petitioning independent candidate Oz Griebel released his last month and had encouraged his fellow candidates to follow suit.

Republican Bob Stefanowski has not yet complied, but his campaign promises that a summary will be released soon.

The Hartford Courant reports that Lamont’s tax returns don’t indicate the multimillionaire’s net worth, but show his adjusted gross income for the past five years combined was $18 million.

The totals don’t include his wife’s earnings.

Lamont’s overall federal tax rate was 30 percent and he made $2.46 million in charitable gifts over the past five years.

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Information from: Hartford Courant, http://www.courant.com