Gov. Christie Releases His Tax Returns
NEWARK, N.J. (AP) — Gov. Chris Christie and his wife reported nearly $700,000 in income last year, a significant jump from 2012, according to tax returns released Friday by his office.
The returns show the Christies made $698,838 in 2013 — more than $200,000 more than the $478,977 in income they reported in 2012. They paid $193,510 in federal and state taxes, the records show.
The Republican governor's wife, Mary Pat, has long been the bigger income-earner in the family, thanks to her high-paying Wall Street jobs.
The returns show she earned $475,854 working part-time as a director at Angelo, Gordon & Co., as well as $34,698 from Cantor Fitzgerald.
The governor, meanwhile, reported $160,054 in taxable income from the state of New Jersey, similar to previous years. Christie's annual salary is $175,000, but he invests a portion in a 401(k) retirement fund each year.
The returns also show the couple paid $38,316 in property taxes and gave $29,260 to charity.
The documents were filed with the Internal Revenue Service following a six-month extension, which Christie has requested every year he's been governor.
Lt. Gov. Kim Guadagno and her husband, Michael, also released their returns Friday. They reported earning $440,897, including $290,445 in wages. Michael works as a judge.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
You may also be interested in these stories: