- Associated Press - Friday, April 22, 2016

PROVIDENCE, R.I. (AP) - Rhode Island Gov. Gina Raimondo has released her income tax returns, showing her family made $530,325 during her first year as governor.

The Democrat and her husband, Andy Moffitt, paid $159,223 in federal and state taxes last year.

Raimondo’s office said her income included $138,676 as the state’s governor and about $88,000 in investment gains through a blind trust invested in venture capital firm Point Judith, which she founded before taking office.

The Providence Journal was first to report on the income tax filings after the newspaper requested the information from Raimondo and the state’s other top officeholders.

The couple paid $20,281 in Rhode Island income taxes and $9,390 to Massachusetts, where Moffitt works for consulting firm McKinsey & Co., according to the filings.

Secretary of State Nellie Gorbea and General Treasurer Seth Magaziner, both Democrats, also disclosed their tax returns following this year’s April 18 filing deadline. Gorbea and her husband reported making $260,700 and Magaziner made $102,508.

Refusing to disclose their filings were two other Democrats, Attorney General Peter Kilmartin and Lt. Gov. Daniel McKee, both citing privacy reasons. McKee disclosed two W-2 statements showing his earnings from the state and the town of Cumberland, where he was mayor before taking statewide office.

Kilmartin is wary of releasing personal information because he was an identity theft victim when someone filed taxes in his name, said spokeswoman Amy Kempe.

Raimondo has voluntarily made her returns available for inspection each year since she was the state’s treasurer. The previous two Rhode Island governors did not, and practices vary in other states depending on the person in charge, if it’s an election year and if anyone is asking.

Gorbea said it will also be her practice every year, not just during elections.

“Rhode Islanders want transparency and accountability in their elected leaders,” she said in a statement. “I made a commitment to them when I ran for office to be fully transparent.”


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