Republican Rick Scott, who has already pumped almost $55 million of his own money into his campaign to become Floridas next governor, released three years of federal and state tax returns Friday night.
Scott, who reported a net worth of $218 million when he qualified as a gubernatorial candidate in July, released hundreds of pages of tax returns, including reports of payments made in at least four states and several foreign countries. Like F. Scott Fitzgeralds view of the rich, the gubernatorial candidates state and federal filings appear to include the same mundane and murky records as anyone elses, only different.
In releasing the reports, Scotts campaign also provides some analysis: showing the Republican former health care executive and his wife, Annette, had $24.5 million adjusted gross income from 2007-09, compared to $2.9 million for Democratic opponent Alex Sink and husband, Bill McBride, who weeks earlier had released their returns.
The Scotts paid $3.6 million in taxes during those years, while the Sink-McBride household paid $461,443, the Scott campaigns analysts found.
Scott reported a 2009 income of $7,929,902 for him and his wife, Annette. The couple paid $1,003,503 in taxes, while also contributing $1.4 million to charities, including a mahogany gold armoire donated to the Liberty Youth Ranch in Naples that he valued at $806.
His biggest donation totaling more than $1 million was listed as going to CPR Education. The charitable foundation he and his wife formed received $263,430, while other contributions of $28,000 went to the Oakwood School and $20,500 to Naples Community Church.
Scott and his wife received a $13,280 tax refund the bulk of which he applied to next years return, according to his 2009 report.
Solantic, the health care company Scott owned and on which he was deposed just days before he entered the governors race, was listed as causing him a $440,066 loss in 2007, according to returns.
