Disclosure of income tax information continues to be a campaign issue for Rep. Brad Schneider (D-Deerfield) even after he made his 2013 return public.
Schneider submitted his 2013 federal and state tax returns Aug. 12 after taking a permitted extension from the April 15 filing date and made them available for viewing by the media Aug. 14.
Submitting his return as a married person filing separately drew criticism from the campaign of former Rep. Robert Dold (R-Kenilworth). Dold and his wife, Danielle Dold, filed a joint return for 2013, as they did in previous years.
“After stalling for months and ignoring demands (to release) his tax returns from the years immediately before he took office, Congressman Schneider (masks) his 2013 returns to conceal his household income from the public,” Dold Campaign Manager James Slepian said.
Schneider is not disclosing information about the career of his wife, Julie Dann. She is a senior managing director for Mesirow Financial, according to the company’s website.
“As an elected official, Rep. Schneider has made his 2013 individual tax returns available and accessible. His wife, Julie, has her own career and as a private citizen, has a right to privacy,” Schneider Campaign Manager Jamie Patton said.
Schneider reported an adjusted gross income on his 2013 tax return of $220,216, of which $127,666 was the portion of his salary as a member of the House of Representatives in 2013. He paid federal taxes of $60,678, a rate of 27.6 percent.
In addition to his salary, Schneider collected an additional $69,782 in business income representing insurance sales commissions for policies sold before 2003, according to Patton. He also reported capital gains of $23,156.
Schneider also claimed itemized deductions of $55,221, of which $5,476.15 was a donation to the United States Treasury to be used to reduce the national debt. That represents the salary he received during the government shutdown last year.
The Dolds reported an adjusted gross income of $297,959 for 2013 on their federal return and paid taxes of $56,566, representing 18.9 percent.
Of their total income, $207,642 came from wages including $13,918 to Dold for salary received as a member of the house before he left office and $101,010 as president of Rose Exterminating Company. Danielle Dold earned $92,611 as an attorney for the Internal Revenue Service.
During Dold’s tenure in office, there were no specific appropriations votes for the Internal Revenue Service. Funding was handled through continuing resolutions. Dold voted in favor because a no vote would have meant a government shutdown, which he opposes, according to Slepian.
In addition to his salary, Dold earned $75,000 from his consulting company, White Whale, for work done for Intel. He also reported real estate rental income of $14,001 for a property located at 414 Frontage Road in Northfield, which a company spokesperson confirmed is owned by Rose Pest Solutions, the Dold family business. He also showed a loss in the amount of $7,823 from a pest control company he owns in Wisconsin.