Republican nominee for governor Jack Ciattarelli released his tax returns Friday morning, days before the first debate of the general election cycle.
The businessman and former assemblyman has paid nearly $4 million in federal income tax, state income tax, and local property tax since 2012, according to his campaign. He’s made almost $14.9 million in income in that span, according to the New Jersey Monitor.
“I worked hard to build two businesses and succeed as an entrepreneur – achieving the American Dream for me and my family,” Ciattarelli said in a press release. “Today, I released a full 13 years of tax returns — both from the height of my business career through my retirement years — an unprecedented level of transparency for any gubernatorial candidate ever.”
The campaign gave reporters two hours to pore over the assemblyman’s returns in an office in Clinton on Friday morning. The returns were filed with his ex-wife, Melinda; they separated in 2023 and divorced this year. The overwhelming majority of the couple’s income came from Jack Ciattarelli.
Rep. Mikie Sherrill (D-Montclair), the Democratic nominee for governor, had increased calls for Ciattarelli to release his tax returns in recent weeks.
Sherrill released her net worth and holdings to the New Jersey Globe in August. Sherrill and her husband, Jason Hedberg, who runs equity derivative sales at a New York investment bank, have an estimated net worth of roughly $9.4 million.
The Ciattarelli campaign urged Sherrill to release tax returns going back to 2018, when she first ran for Congress.
