New Mexico GOP candidate publishes tax-return summary

 

October 17, 2018



SANTA FE, N.M. (AP) — New Mexico gubernatorial candidate Steve Pearce and his wife published summary pages of their 2017 tax returns on Tuesday, offering a new glimpse into the personal finances of a Republican congressman and former oilfield entrepreneur.

Two pages from the couple's federal tax return show a total tax assessment of $33,111 on taxable income of $255,620. Adjusted gross income was $431,114. The tax documents provide little information about the source of Pearce's $124,000 salary and other income, though Pearce provides an annual summary of his business interests to Congress.

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