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Lamont tax returns show average income of more than $8 million per year

Gov. Ned Lamont’s adjusted gross income averaged $8.65 million a year in 2018, 2019 and 2020, according to summaries of state and federal tax returns his reelection campaign released Thursday. Over the three years, Lamont paid $5.56 million in federal taxes and $1.87 million in state taxes on adjusted gross income of $25.9 million, for a combined tax burden of 29%. His charitable contributions for the three years were $3.13 million. He has obtained an extension for his 2021 tax returns.
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