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Wednesday, June 18, 2014

Gov. Rick Scott's taxes: He got more in refunds than you probably made in a decade or more

Posted By on Wed, Jun 18, 2014 at 3:20 PM

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Earlier this week, Gov. Rick Scott released his taxes for 2010, 2011 and 2012. You can view the forms, and all of their various lengthy forms, here on the American Bridge 21st Century site or here on the governor's own site. No surprise that Scott doesn't file the EZ form. But what was a little surprising was looking at the size of his refund. The guy made $8.7 million in 2012, and his refund was $1,154,125. Of course Scott didn't actually take the refund – it was just applied to next year's taxes.

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That's not a commentary on anything except how crazy it is to look at an individual refund that large. A refund that is actually more money than most of us make in, oh, a decade. Maybe even two. In 2011, by the way, Scott reported capital gains income of more than $75 million. Now we know why he doesn't take a paycheck from the state – he literally doesn't have to. For the record, the salary of the governor of the state of Florida was $130,273 when Scott was elected. A pittance, compared to the dividends and capital gains that give the man a net worth of more than $120 million.

The Scott campaign has challenged gubernatorial candidate Charlie Crist to release his taxes to the public, too, but so far that hasn't happened.

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