TAX NEWS - June 2010

Georgia Tax: Eric Johnson releases 10 years of tax returns

Republican gubernatorial hopeful Eric Johnson on Wednesday released to the media 10 years worth of tax returns and called on his competitors to do the same.

Johnson joins Democrat Roy Barnes, who last month released 25 years of personal tax records, as the only candidates among the 14 running  to release such detailed financial information.

Johnson's reports show that he and his wife had total gross income in 2009 of $121,613, down considerably from more than $300,000 in 2008. The couple earned nearly $2.4 million in the 10 years and paid taxes of more than $500,000.

Johnson is a former state senator and is an architect in Savannah, currently serving as director of business development for the firm of Hussey, Gay, Bell & DeYoung International.