Cory Booker’s Tax Returns Show He Got Stung by SALT Deduction Cap

Democratic presidential candidate Cory Booker released 10 years of tax returns on Wednesday, and like many of his neighbors, the New Jersey senator got stung by a new cap on deductions of state and local taxes.

Booker, one of 19 Democrats running for their party’s 2020 presidential nomination, reported that he earned $ 152,715 in total income in 2018, but gave $ 24,000 to charity, which puts him in the top tier of candidates for philanthropy.

Unlike some of his Democratic competitors, Booker actually got a tax refund, receiving $ 6,665. Like many New Jersey residents, he did get caught by the new cap on SALT deductions. He paid more than $ 36,000 in state and local income and real-estate taxes but was only able to deduct $ 10,000 of that.

He owed $ 22,781 in taxes on $ 118,715 in taxable income last year, paying an effective rate of 19.2 percent. Unlike many taxpayers wrestling with the new law, Booker over-withheld, resulting in the refund. Booker, who is is single, reported his Senate salary as well as a small amount of interest.

He reported $ 275,250 on his 2017 return in royalties, presumably on his book “United” published that year. The royalties plus his Senate salary brought Booker’s total 2017 income to $ 429,983.

Booker, who has served as mayor of Newark, New Jersey’s largest city, has said that clean water, other environmental issues, jobs and improving schools are “urgent” issues that will be central to his campaign.

He has promoted expanding the earned income tax credit, which directs payments toward low-income workers. He also backed the Opportunity Zone program, included in the 2017 tax overhaul, which gives tax breaks to investors who build real estate or fund businesses in distressed communities.

Booker, 49, has fallen behind many of his Democratic competitors in fundraising and early polling heading into the 2020 primary season. One of the most popular politicians in his home state, he has yet to capture the same level of intensity as other contenders at the top of the pack of declared candidates.

Since Booker started his campaign in February, he’s offered an upbeat message that contrasts with sharp attacks on President Donald Trump by some other Democratic hopefuls as well as top leaders in the energized progressive wing of the party.

Fortune

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‘The Challenge’: Cory Reveals If He Ever Plans To Return After Getting Kicked Off ‘Final Reckoning’

Things didn’t end well for Cory Wharton on his last season of ‘The Challenge,’ but is he done with the show for good? He tells all about his plans for the future in this EXCLUSIVE interview!

Hollywood Life

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Cory Booker Dotes on GF Rosario Dawson, Says She’d be Incredible First Lady

Cory Booker says the future is very, VERY bright for him and Rosario Dawson … and it’ll be downright blinding if she joins him in The White House. We got the Jersey Senator and presidential hopeful leaving NBC in NYC Friday, and when we ask him…

TMZ.com

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Rosario Dawson Confirms Relationship With Cory Booker

She said yes. Latina actress Rosario Dawson, known for films like “Seven Pounds” confirmed, that yes, she’s in a relationship with current New Jersey senator turned presidential candidate Cory Booker. Dawson, 39, says that she and the perpetual bachelor are in love.

“He’s a wonderful human being,” Dawson told a TMZ reporter when approached at the airport.

Booker, 49, announced his run for president earlier this year. He mentioned he had a ‘boo’ earlier this year as well in an interview but declined to say who it was.

Booker has been dogged by speculation about his sexuality as the politician is not married, has no children and his rarely been seen with a girlfriend. Television personality Gayle King was one rumored to be seeing him, but nothing ultimately came of it. They have only said they are friends.

Watch Dawson’s interview here:

Do you believe the two are seriously dating?


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Trevor Noah Mocks Fox News for Urging Viewers to Stockpile Meat Because Cory Booker Is Vegan

Comedy Central

On Tuesday night, The Daily Show’s Trevor Noah addressed Bernie Sanders’ 2020 presidential announcement—before focusing on the “quaint” scandals of the other Democratic contenders that have thrown the alarmist folks at Fox News for a loop, from Kirsten Gillibrand asking if she should eat her fried chicken with her hands to Kamala Harris being misheard about her musical preferences while puffing on joints in college.

But the silliest “scandal” that got Fox News in a lather has to be Cory Booker’s veganism.

Following a montage of Fox News hosts losing their marbles over Booker’s personal diet, Noah remarked, “I don’t even understand how this is on the news. I say if Cory Booker wants to be a vegan president, he should go for it. His diet choices are his business, they don’t affect anyone else—or at least, that’s what I thought.”

Read more at The Daily Beast.

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Cory Booker Jumps Into Race For Democratic Presidential Nomination

Senator Cory Booker, D-N.J., has jumped into the already crowded field of candidates running for the Democratic presidential nomination. Booker, an African-American, launched his campaign for president with the release of a video on Friday, the first day of Black History Month.
RTT – Top Story

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Sen. Cory Booker says he’s running for president in 2020

Sen. Cory Booker launches a bid for the Democratic presidential nomination. The charismatic senator and former mayor of Newark, New Jersey, has been crisscrossing key primary states in recent weeks while telegraphing that a decision was coming.
Politics

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Coupled Up: Senator Cory Booker and Rosario Dawson Have Been Dating Since Last Month

We’ve heard the rumors, but it looks like solid sources are confirming that Senator Cory Booker and Rosario Dawson are officially dating.

via Page Six:

We’ve reported in the past couple weeks that the pair have been spotted out on the town — first catching a movie at the Regal Union Square, and then at a performance of Broadway hit “Dear Evan Hansen.”

But now a tipster tells us the couple were also holding hands at a performance of another play, “Apologia,” as far back as last month.

We can only imagine what their dinner conversations are like…

The post Coupled Up: Senator Cory Booker and Rosario Dawson Have Been Dating Since Last Month appeared first on lovebscott – celebrity news.

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