A summary table of federal and state tax returns for Elizabeth Warren and Bruce Mann is below.
| 2008 | 2009 | 2010 | 2011 | ||
|---|---|---|---|---|---|
| Total Federal Income | $831,021 | $980,670 | $954,721 | $616,181 | |
| Charitable Contributions | $26, 534 | $24,442 | $27,816 | $17,209 | |
| Total Federal Tax Paid* | $235,382 | $282,210 | $267,250 | $159,207 | |
| Total Mass. Tax Due** | $43,419 | $51,345 | $49,853 | $31,845 | |
| Federal Effective Tax Rate | 28.32% | 28.78% | 27.99% | 25.84% | |
| Mass. Effective Tax Rate*** | 5.22% | 5.24% | 5.22% | 5.17% |
*Excluding self-employment tax
**Before credit for DC taxes
*** Excluding credit for taxes paid to DC
(a) The 2011 effective rate is 2% less than the 2010 rate due to there being a deduction for a retirement plan (SEP) contribution in 2011.
Source: Elizabeth Warren for Massachusetts
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