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Reno's income up, Bush's down, returns indicate
©Associated Press
August 1, 2002
TALLAHASSEE -- Former U.S. Attorney General Janet Reno's income skyrocketed after leaving government, while Gov. Jeb Bush's has fallen since taking office, according to tax returns released by the candidates this week.
Reno's income went from $147,994 in 2000 to $646,895 in 2001, when she returned to private life after eight years as attorney general. She earned most of that through speaking fees.
Reno lists her net worth as $2.5-million, making her the wealthiest of the Democrats hoping to unseat Bush. Tampa attorney Bill McBride reported his as $1.9-million and state Sen. Daryl Jones of Miami listed his at $726,000. Bush listed his net worth as $1.6-million.
Bush has not filed his 2001 tax return -- he requests a six-month extension on his taxes each year -- but a financial disclosure form filed with the Division of Elections reports he earned $155,119 last year: $120,514 from his salary as governor and $34,605 in interest and dividends from a trust fund.
He reported an income of $782,607 in 1998, the year he was elected. His income has dropped steadily since: $283,010 in 1999 and $202,648 in 2000.
McBride plans to release his tax returns Friday.
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