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Maryland governor candidate Jim Shea releases tax returns, showing he paid $4.7M in taxes

Maryland governor candidate Jim Shea releases tax returns, showing he paid $4.7M in taxes

Lawyer Jim Shea, the former chairman of the state’s largest law firm, on Friday became the second candidate for Maryland governor to release his tax returns — reporting that he has both earned millions in income and paid millions in taxes in recent years.

Shea, who lives in Owings Mills and was chairman of the Venable law firm, reported earning $12.5 million from 2012 to 2016 — an average of $2.5 million per year.

During those years, Shea’s returns show that he and his wife, Barbara, paid about $4.7 million in taxes — about 37 percent of his income. The couple also gave about...

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