The Main Stream
Santorum's tax returns show steady rise in wealth
Posted: Feb 15, 2012 8:51 PM
WASHINGTON - Republican presidential candidate Rick Santorum is releasing four years' worth of federal income tax returns showing a steady rise in his personal wealth between 2007 and 2010.
Santorum's returns show his federal income taxes rose from 2007, when he paid $167,000, to $310,000 in 2009, then dropped to $263,000 in 2010. During that same period, his annual income surged from nearly $660,000 in 2007 to $1.1 million in 2009 before slipping to $923,000 in 2010.
Santorum has sold himself as a Washington outsider and social conservative. After he lost a bid for re-election as a senator from Pennsylvania in 2006, he became a millionaire by capitalizing on his D.C. political connections, working as a corporate consultant and media commentator.
The returns were first made available Wednesday night by Politico.
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