Perry Knows Bad Economy First Hand

GOP presidential candidate releases 2010 income tax returns

By

Updated: October 21, 2011 | 9:53 p.m.
October 21, 2011 | 9:50 p.m.

When Texas Gov. Rick Perry complains about the economic downturn, he's speaking from experience.

Tax returns that the GOP presidential candidate released Friday reveal that, like many Americans, Perry and his wife took a loss on the sale of their home and weathered losses on other investments.

The Perrys reported income of $217,447 and paid $51,000 in taxes, including a $135 penalty for underestimating what they owed Uncle Sam in 2010, the Texas Tribune reports.

Get the latest news and analysis delivered to your inbox. Sign up for National Journal's morning alert, Wake-Up Call, and afternoon newsletter, The Edge. Subscribe here.


Read & Post Comments
More By This Writer
Rebecca Kaplan's Pic
Rebecca Kaplan | Staff Reporter
kaplanr@nationaljournal.com | Follow:  
Leave A Comment
The National Journal Group has the right (but not the obligation) to monitor the comments and to remove any materials it deems inappropriate.
Comments powered by Disqus
Follow National Journal
Related Content
Columns
Charlie Cook: Off to the Races

Republicans’ Hatred of Obama Blinds Them to Public Disinterest in Scandals

May 20, 2013
Republicans are so focused on their bitter battles against Obama, they can’t see how little impact the “scandals” have had on public opinion.
Charlie Cook: The Cook Report

Republicans Should Go Easy on Obama, At Least in Public

May 16, 2013
As a tactical matter, a subterranean campaign will score more direct hits on the president.
Ronald Brownstein: Political Connections

How the White House Scandals Could Hurt Republicans, Too

May 16, 2013
By enraging the base and strengthening the faction least willing to compromise with Obama, the IRS and Benghazi affairs could hurt a GOP shot at the presidency.
More Columns »