Hours after state Sen. Joe Kyrillos said he would release tax returns from the last three years, U.S. Sen. Bob Menendez (D-NJ) announced he plans to release his tax returns filed for the last five years.
“Senator Menendez will make his personal income tax returns available for review by members of the media at his campaign headquarters in the spirit of full transparency,” said Mike Soliman, Menendez For Senate Campaign Manager. “The Senator believes in disclosing to the press his personal financial details including his annual income, his sources of income, and his paying a percentage of his income to taxes that is on par with what New Jersey’s middle class families have paid in each of the past five years. This is a small step the Senator wants to make toward maintaining the trust of New Jersey voters.”
Menendez scheduled the event for next week.
Kyrillos scheduled his press event for tomorrow, and criticized his rival’s announcement to follow suit – the first time in six years, the challenger noted.
“I congratulate Senator Menendez for following Senator Kyrillos’ lead and agreeing to release more than one tax return,” said Kyrillos Campaign Manager Chapin Fay. “It’s clear had Senator Kyrillos not led this charge, Senator Menendez would have continued to keep New Jerseyans in the dark. Joe will bring this same agenda of good government and transparency to the United States Senate and bring an end to backroom deal-making and special interest influence.”