Lamont releases tax information

<p>Democratic candidate for governor Ned Lamont released his tax information on Friday.</p>

News 12 Staff

Oct 19, 2018, 7:24 PM

Updated 2,013 days ago

Share:

Democratic candidate for governor Ned Lamont released his tax information on Friday.
The information shows he earned nearly $19.5 million from 2013 to 2017, mostly from investment income. He paid $4.8 million in state and federal taxes during that time.
Last year, Lamont reported $0 in wages. He sold his main business in 2015.
Lamont donated almost $2.5 million to charity, including the Bridgeport school system. Another cause to which Lamont has paid millions is his own gubernatorial campaign.
Lamont's Republican opponent, Bob Stefanowski, is also wealthy, although it's not yet known just how rich he is. Stefanowski's campaign says his taxes are coming "very soon."
Independent candidate Oz Griebel released his returns weeks ago. He made just under $400,000 last year.
President Donald Trump's refusal to release his tax returns has stoked interest in the issue.


More from News 12
1:49
Fire in Newark displaces dozens of people, destroys businesses

Fire in Newark displaces dozens of people, destroys businesses

2:23
Spotty showers overnight with lows around 48; breezy but sunny Wednesday ahead

Spotty showers overnight with lows around 48; breezy but sunny Wednesday ahead

1:17
Police: 4 thieves stole high-end handbags from Montclair shop

Police: 4 thieves stole high-end handbags from Montclair shop

1:37
NJ Business Coalition urges lawmakers to reconsider corporate transit fee

NJ Business Coalition urges lawmakers to reconsider corporate transit fee

1:02
Composting can save money, help gardens and save the planet. Here are 10 tips to get you started

Composting can save money, help gardens and save the planet. Here are 10 tips to get you started

0:28
Police: Man accused of stealing steaks from Bayonne Walmart at knifepoint

Police: Man accused of stealing steaks from Bayonne Walmart at knifepoint

0:19
Road rage incident in Jersey City caught on camera; police seek driver

Road rage incident in Jersey City caught on camera; police seek driver

0:56
Jersey Proud: Man walks across the US raising money for ‘America Walks’

Jersey Proud: Man walks across the US raising money for ‘America Walks’

2:00
Seaside Park enacts new ‘No Wake Zone’ law to prevent people causing havoc in flooded streets

Seaside Park enacts new ‘No Wake Zone’ law to prevent people causing havoc in flooded streets

1:07
Paterson middle school briefly goes into lockdown following gunshots at nearby home

Paterson middle school briefly goes into lockdown following gunshots at nearby home

2:04
Police: Crews rescue 46 dogs from fire inside Pio Costa industrial complex in Fairfield

Police: Crews rescue 46 dogs from fire inside Pio Costa industrial complex in Fairfield

0:31
Sources: Body recovered in Barnegat Bay believed to be missing Island Heights woman

Sources: Body recovered in Barnegat Bay believed to be missing Island Heights woman

1:52
Police: South Brunswick crash involving car and motorcycle kills 1

Police: South Brunswick crash involving car and motorcycle kills 1

0:55
News 12 and Red Bulls host Weather Education Day at Red Bull Arena

News 12 and Red Bulls host Weather Education Day at Red Bull Arena

0:20
Police: Burglar found in crawl space at Ocean Township diner

Police: Burglar found in crawl space at Ocean Township diner

Police: 1 person killed in car crash on Route 535 in South Brunswick

Police: 1 person killed in car crash on Route 535 in South Brunswick

0:29
Moscow court rejects Evan Gershkovich's appeal, keeping him in jail until at least June 30

Moscow court rejects Evan Gershkovich's appeal, keeping him in jail until at least June 30

0:27
Newark Liberty International Airport’s Terminal A named world’s best terminal by Skytrax

Newark Liberty International Airport’s Terminal A named world’s best terminal by Skytrax

1:52
Rahway police seek public’s help identifying suspects in attempted car thefts, burglaries

Rahway police seek public’s help identifying suspects in attempted car thefts, burglaries

0:29
Former Wildwood mayor indicted for 2nd time, accused of tax evasion

Former Wildwood mayor indicted for 2nd time, accused of tax evasion