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Sat July 6, 2013
Michigan Attorney General Bill Schuette, wife report $664K of income
LANSING, Mich. (AP) - Michigan Attorney General Bill Schuette and his wife report paying $128,000 in federal, state and local taxes in 2012, based on adjusted gross income of about $664,000.
The Republican voluntarily released a summary of his federal tax return Friday. He's not required to release the information but says he's doing it in the interest of transparency.
Schuette's $112,000-a-year public salary is just a portion of his income. He and wife Cynthia reported $518,000 in investment income last year and nearly $38,000 in pension income. They said they made more than $76,000 in donations to charity.
Upon taking office in 2011, Schuette placed his financial assets into a blind trust to avoid conflicts between personal interests and his job.
Schuette is a former congressman, state senator and appeals court judge.