Abbott releases 2014 tax returns; made $135K as AG

AUSTIN, Texas (AP) – Texas Gov. Greg Abbott has released his 2014 tax returns, revealing that he made about $135,000 as attorney general and paid about 40 percent of his income in federal, state and local taxes.

Abbott was attorney general for 12 years, becoming governor in January. He released his 2011-2013 tax returns while campaigning and made his 2014 filings public Friday. He gave nearly $5,000 to charity and paid about $52,000 in property taxes.

First lady Cecilia Abbott is listed as “homemaker.” Previous returns listed her annual income from Harden Healthcare at $50,000.

The filings do not include tax-exempt settlement payments stemming from a 1984 accident that left Abbott paralyzed from the waist down.

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As part of that, Abbott receives monthly deposits of about $14,400 and six-figure, lump-sum payments every three years.