As the commonwealth is focused on defeating COVID-19, Gov. Andy Beshear this week showed his ongoing commitment to transparency by releasing his tax returns for 2019 and once again called on other office holders to do the same.
His tax return, filed jointly with his wife Britainy, showed an adjusted gross income of $151,148 for the couple. Beshear was Kentucky’s attorney general for the first 11 months of 2019. He became Governor in December. The Commonwealth of Kentucky was his only employer for the year.
The income includes stock dividends amounting to almost $13,000.
“Elected officials must earn the public’s trust and demonstrate that they aren’t beholden to any special interests,” said Gov. Beshear. “Kentuckians deserve to know their leaders aren’t indebted to those whose interests are in conflict with those of the people of the commonwealth.”
The Governor also released his 2019 Statement of Financial Disclosure and launched a transparency webpage listing executive flight details.
Beshear’s tax return also shows that his family, like many others across the commonwealth and country, is still paying off student loans.
The Governor’s 2019 calendar year Statement of Financial Disclosure, which was required to be filed by elected officials and Executive Branch officers this year by June 15, includes additional information. The Governor listed two gifts traditionally received by the Governor of Kentucky.
First elected to public office in 2015, Beshear has released his tax returns for every year he has served, beginning in 2017 when he released his 2016 returns. He is the first Kentucky Attorney General to have released his taxes for each year he held that office.
Lt. Gov. Jacqueline Coleman released her family’s 2017 and 2018 taxes when running for office and will release her 2019 tax return in the coming weeks.