Carly Fiorina Discloses Personal Finances in Effort to Increase Transparency

AP Photo
AP Photo

In an attempt to be transparent – something GOP presidential candidate Carly Fiorina says Hillary Clinton is not – Fiorina has released the personal financial disclosure she filed this week with the Federal Election Commission.

“I’ve taken hundreds of questions–whether about hot dogs or my personal finances–and I think it’s all fair game. I think leadership of any kind requires trust and transparency and voters should demand no less from their political leadership in government,” Fiorina says in a press release.

Because Fiorina hears voters asking about finances, she disclosed the following information:

– Her husband Frank and her have a net worth of $59 million – but this includes all financial assets, accounts and real property. The Public Financial Disclosure (PFD) reports though, do not require real property to be counted. “This means that if you are comparing her net worth to other candidates, you will need to add their real property to their PFD range,” Fiorina’s press release read.

– Fiorina also released her 2012 and 2013 federal, state and local tax rate, which was 30 percent.

– Fiorina disclosed she and her husband gave an average of 14 percent of their total income to nonprofit organizations – 501c(3) institutions. “Carly has served in multiple charitable roles, including as Chairman of Good 360 and Opportunity International. As you can see from her tax returns, she did not accept compensation for either of these positions,” wrote Fiorina’s spokesperson Sarah I. Flores in the press release.

In an effort to beat any political attacks on her finances – something Democrats used against Mitt Romney in 2012 – Fiorina also attached copies of her federal tax returns for 2012 and 2013 as well as a copy of her Public Financial Disclosure to her press release.


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