Tuesday, May 21, 2013

Latest news, weather, high school sports for Michigan’s Upper Peninsula

A look at Snyder's salary
Posted: 12.27.2012 at 9:41 AM
0
Photo

LANSING (AP) -- Michigan Gov. Rick Snyder reported a gross income of about $1.9 million in 2011, when he says he gave back all but $1 of his state salary.

A federal income tax return reviewed by the Detroit Free Press (http://on.freep.com/WTHPx0 ) says the Republican and former venture capitalist had capital gains income of just more than $1.3 million in 2011. He reported dividend income of more than $350,000, wages of $141,547, interest income of nearly $54,000 and real estate income of just more than $6,000.

Snyder paid federal income taxes of nearly $273,000 on taxable income of nearly $1.4 million. That's an effective tax rate of 19.8 percent.

Snyder reported giving just more than $196,000 to charity.

Snyder filed jointly with his wife, Sue Snyder, whose occupation was listed as a homemaker.

(Copyright ©2012 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Three adults and an infant sent to hospital in afternoon crash
Sarah Blakely  |  Today at 10:45 AM  |  1 comment
Thumbnail
Prison for man involved in drunk driving death of Ishpeming teen
Patti Mulligan  |  Yesterday at 4:57 PM  |  7 comments
Thumbnail
Trial delayed for man accused of spitting in sandwich
Andrew LaCombe  |  Today at 10:35 AM  |  8 comments
Follow Upper Michigan's Source
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Check This Out!
YooperTube
Share your video and pictures with others in the U.P.
U.P. Biz Source
Great prices on U.P. deals.
Your Health Matters
Health news and information.
Home & Garden
Check out the Home & Garden section of Best Bets.
ADVERTISEMENT