Attorney General Schuette reports income of $375,000 in 2016

LANSING, Mich. (AP) – Michigan Attorney General Bill Schuette and his wife saw their income drop last year to about $375,000.

Schuette on Wednesday voluntarily released a few pages from his federal tax return for 2016. Bill and Cynthia Schuette’s income fell from $454,000 in 2015.

Most of their income last year came from capital gains and dividends from investments and about $44,000 in pensions or annuities.

The Schuettes say they paid $71,000 in federal, state and Lansing taxes. An independent trustee manages the couple’s assets to avoid any conflict with Schuette’s job as attorney general.

The Schuettes reported $51,000 in gifts to charities.

Schuette, a Republican, has held elective office for decades and is expected to run for governor in 2018, when Gov. Rick Snyder will be term-limited.

We welcome thoughts and comments from our viewers. We ask that everyone keep their remarks civil and respectful. Postings that contain profanity, racist, or potentially libelous remarks will be deleted. We will delete any commercial postings, as well.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s