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The Boston Globe

Politics

Gabriel Gomez reports 6 years of income to be $10.1 million

Gabriel E. Gomez, the Republican nominee for the US Senate special election, reported adjusted gross income of $10.1 million over six years as a private equity investor, accord­ing to tax returns made available by his campaign on Wednesday.

Gomez paid $2.1 million in taxes during that same period, from 2006 through 2011, his filings show. His average effective tax rate of 21 percent over that period reflects the tax benefits in private equity, where investment profits are taxed at a lower rate than other ­income.

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