Coakley latest candidate to release tax returns

Martha Coakley

BOSTON (AP) — Gubernatorial hopeful and state Attorney General Martha Coakley and her husband reported a total income of $214,710 in 2013, consisting almost entirely of Coakley’s $130,000 salary and her husband’s pension.

Coakley on Tuesday became the latest candidate in the crowded race to release her tax returns to the media, which is not required. She released three years of returns, joining Republican Charlie Baker, fellow Democrats Steve Grossman and Don Berwick and independent Evan Falchuk.

Coakley and her husband, retired Cambridge police Deputy Superintendent Thomas F. O’Connor, filed jointly. The couple reported paying $37,330 in federal taxes last year and $6,905 in state taxes. They also reported giving $4,430 to charity.

Their total income has changed little over the three years.

In 2011, the two reported a total income of $214,346, also consisting almost entirely of Coakley’s salary and her husband’s pension. They paid $37,389 in federal taxes and $7,058 in state taxes. They also reported donating $5,125 to charity.

In 2012, Coakley and her husband reported a total income of $216,115. That included $3,658 in salary from investigative work conducted by her husband. They paid $39,180 in federal taxes and $7,058 in state taxes that year and gave $4,057 to charity.

In a statement of financial interest filed by Coakley, her husband is listed as working as a senior investigator for Pinkerton Consulting and Investigations in Boston and as the sole proprietor of O’Connor Investigative Services in Medford, where the couple lives.

Coakley and her husband declined to make any voluntary contributions to a series of funds listed on the state’s tax return form including ones benefiting endangered wildlife, military family relief, homeless animals and organ transplants.

Coakley, who has worked as a prosecutor for most of her life, has a more modest income than many of the other candidates for governor.

Grossman and his wife, Barbara, who filed jointly, reported a total income of $881,990 in 2012. That includes Grossman’s salary as state treasurer and more than half a million from a trust built from the family business formerly known as Massachusetts Envelope Co.

Berwick and his wife, Ann, reported a total income of nearly $1.8 million in 2012.

Baker and his wife, Lauren, reported a total income of $864,956 in 2013.

And Falchuk and his wife, Felicia, reported a total income of $2.9 million in 2012.

Other candidates for governor include Republican Mark Fisher and independents Jeff McCormick and Scott Lively. Fisher has said he would release his tax returns if he beats Baker in the GOP primary on Sept. 8. A spokesman for McCormick said he plans to release his returns but the timing and number of years hasn’t been determined.

The eight candidates are vying to succeed Gov. Deval Patrick, who is not seeking re-election. Election Day is Nov. 4.

blog comments powered by Disqus