Wednesday, January 04, 2006

BOSTON - Attorney General and gubernatorial candidate Tom Reilly today released his tax returns for the past three years and called on all other gubernatorial candidates to join him in doing the same.

The tax returns released by Reilly's campaign cover the years 2002-2004, his current term as Attorney General. Reilly filed his returns jointly with his wife, Ruth, a former Belmont public school teacher.

According to the documents, the Reillys' combined annual income during the three-year period averaged $173,023. They paid $124,740 in state and federal taxes, an average of $41,580, or 24.0% of their yearly income.

"People deserve a wide range of information when choosing their next Governor. Most of the focus will, and should be, on our positions, our visions, our experience and the fights we've taken on," Reilly said. "People also deserve to know how we earn a living, where our money comes from and what financial interests we have. I hope the other candidates for Governor will join me in releasing this information."

Reilly's returns also detail other personal holdings, including his vacation home in Chatham, which is publicly assessed at $484,900. Reilly is not currently a board member of any company and he does not receive any outside compensation.