|
Republican Bo Hines in NC-13 has been repeatedly claiming on the campaign trail that he “can’t afford to give up a month’s salary.” There’s just one problem: He has no salary.
New reporting from Business Insider dug into federal records that show Bo Hines does not take a salary or report income from a job – though that hasn’t stopped Hines from pretending to North Carolinians that he can’t afford to give up a month’s salary. The only income he reported receiving was up to $1 million from his trust fund.
In news that will surprise exactly no one, “Hines’ campaign did not respond to Insider’s request for comment.”
“Who among us hasn’t confused $1 million in trust fund income with earning a salary?” said DCCC spokesperson Monica Robinson. “Bo Hines is a grifter and his first job shouldn’t be Congress.”
Business Insider: Trump-backed congressional candidate Bo Hines says he ‘can’t afford’ to give up his salary. But federal records show he has no salary.
By Hanna Kang
October 17, 2022
-
“At a Republican event in September, North Carolina congressional candidate Bo Hines bemoaned the state of the economy: ‘Me and my wife, we can’t afford to give up a month’s salary.’”
-
“He repeated this assertion in an interview earlier this month. ‘With 8.3% inflation, that is the equivalent of one month salary for the average American,’ he said. ‘I know in my household, my wife and I can’t afford to give up one month’s salary. We have bills to pay, we have rent to pay.’”
-
“But the 27-year-old Republican upstart, backed by former President Donald Trump, reported having no salary at all, according to his certified personal financial disclosure, which he filed with congressional regulators on May 20.”
-
“In the disclosure, Hines reported no salary and no spousal assets, and asserted that he has not excluded any assets that belong to his wife, Mary Charles Hines.”
-
“Hines’ campaign did not respond to Insider’s request for comment.”
-
“Despite not having a reported job or salary, Hines has personally pumped more than $925,000 into his own congressional campaign, according to the latest financial disclosures he filed with the Federal Election Commission covering campaign activity through September 30.”
-
“His trust fund, named Hines Children’s Trust, is the only reported asset on his personal financial disclosure. In May, he valued income he this year received from the trust fund at between $100,000 and $1 million.”
|
