Mike Pence releases 10 years of tax returns

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Republican vice presidential nominee Mike Pence released 10 years of tax returns on Friday evening, a disclosure that Donald Trump, his partner on the Republican ticket, has so far declined to make.

The returns from the Pence family date from 2006 until 2015. And they show that - unlike Trump's -- Mike Pence's finances are relatively routine.

Last year, Pence's gross adjusted income was $113,026; he paid an effective tax rate of 12.4 percent and gave about $9,000 to charity, according to the campaign.

Joe Perry, national partner in charge of tax and business services at Marcum LLP, said that Pence's taxes show "a return that an average family would file."

Since 2006, the family's income has fluctuated between about $188,000 in 2010 to just north of $110,000 now. In 2015, the family's earnings were its lowest in the last 10 years.

RELATED: Mike Pence through the years

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Indiana Gov. Mike Pence through the years
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Indiana Gov. Mike Pence through the years
Republican presidential candidate Donald Trump (R) and Indiana Governor Mike Pence (L) wave to the crowd before addressing the crowd during a campaign stop at the Grand Park Events Center in Westfield, Indiana, July 12, 2016. REUTERS/John Sommers II
UNITED STATES - FEBRUARY 07: Mike Pence, R-Ind. (Photo By Douglas Graham/Roll Call/Getty Images)
Indiana Gov. Mitch Daniels, right, talks about the flooding in Indiana to Rep. Mike Sodrel, R-Ind, left, Rep. Mike Pence, R-Ind., and Fred Armstrong, Mayor of Columbus, during a stop in Columbus, Ind., Wednesay, Jan. 12, 2005. A wave of thunderstorms moved across Indiana overnight, causing some scattered flash flooding in north-central Indiana on Wednesday as already saturated ground could not handle the additional rain.(AP Photo/Darron Cummings)
Representatives Mike Pence, R-Ind. and Jeff Flake, R-Az speak with reporters outside the White House after meeting with President Bush, Wednesday, April 27, 2005, in Washington. President Bush met with several members of congress to talk about his Social Security agenda. (AP Photo/Lawrence Jackson)
Sen. Kay Bailey Hutchison, R-Texas, and Rep. Mike Pence, R-Ind., who together proposed a bill concerning illegal immigrants, take part in a news conference in San Antonio, Thursday, Aug. 24, 2006. Hutchison and Pence toured the Customs and Border Protection Air Operations Center in San Antonio during their visit. Their proposal would require illegal immigrants to cross the border and apply through privately run "Ellis Island" centers to return to the United States on work visas. (AP Photo/Eric Gay)
House Republican Conference Chairman Rep. Mike Pence, R-Ind. takes part in a news conference on Capitol Hill in Washington, Thursday, March 19, 2009. (AP Photo/Evan Vucci)
Rep. Mike Pence, R-Ind., center, accompanied by Rep. Kevin McCarthy, R- Calif., left, and Rep. Randy Neugebauer, R-Texas., listens to comments during a news conference on Capitol Hill in Washington, Thursday, Dec. 10, 2009. (AP Photo/Haraz N. Ghanbari)
Rep. Mike Pence, R-Ind., speaks at the Southern Republican Leadership Conference in New Orleans, Saturday, April 10, 2010. (AP Photo/Gerald Herbert)
Rep. Mike Pence, R-Ind., speaks at the Southern Republican Leadership Conference in New Orleans, Saturday, April 10, 2010. (AP Photo/Gerald Herbert)
Rep. Mike Pence, R-Ind., meets with constituents during a town hall meeting in Pendleton, Ind., Friday, Jan. 28, 2011. Pence announced yesterday that he will not seek the presidency in 2012. (AP Photo/Michael Conroy)
Rep. Mike Pence, R-Ind., is surrounded by supporters after announcing his campaign for the Republican nomination for Governor of Indiana during an gathering of supporters in Columbus, Ind., Saturday, June 11, 2011. Pence promised to fight health care reform and federal climate change legislation. (AP Photo/Michael Conroy)
Rep. Mike Pence, R-Ind., as he kicks off his campaign for the Republican nomination for Governor of Indiana during an gathering of supporters in Columbus, Ind., Saturday, June 11, 2011. Pence promised to fight health care reform and federal climate change legislation. (AP Photo/Michael Conroy)
Indiana Gov. Mike Pence delivers his State of the State address to a joint session of the Legislature at the Statehouse Tuesday, Jan. 22, 2013, in Indianapolis. (AP Photo/Darron Cummings)
Indiana Gov. Mike Pence addresses the Illiana Industry Forum Monday, June 24, 2013, in Rosemont, Ill. Pence was joined by Illinois Gov. Pat Quinn in hosting a business forum for a planned 47-mile expressway aimed at relieving traffic congestion into the Chicago area. (AP Photo/Charles Rex Arbogast)
Dwayne Sawyer speaks after being named as the Auditor of State for Indiana by Gov. Mike Pence during a news conference at the Statehouse Thursday, Aug. 15, 2013, in Indianapolis. Sawyer will complete former Auditor Tim Berryâs term, which runs through 2014. (AP Photo/Darron Cummings)
Indiana Gov. Mike Pence talks with Lt. Gov. Sue Ellspermann before giving his State of the State address to a joint session of the Legislature at the Statehouse Tuesday, Jan. 14, 2014, in Indianapolis. (AP Photo/Darron Cummings)
Wisconsin Gov. Scott Walker, second from left, South Carolina Gov. Nikki R. Haley, second from right, and New Jersey Gov. Chris Christie, far right, listens as Indiana Gov. Mike Pence, far left, speaks during a press conference at the Republican Governors Association's quarterly meeting on Wednesday May 21, 2014 in New York. (AP Photo/Bebeto Matthews)
Indiana Gov. Mike Pence pauses while speaking at the Conservative Political Action Conference (CPAC) Friday, Feb. 27, 2015 in National Harbor, Md. (AP Photo/Alex Brandon)
Indiana Gov. Mike Pence speaks at the National Rifle Association convention Friday, May 20, 2016, in Louisville, Ky. (AP Photo/Mark Humphrey)
FILE - In this July 3, 2016, file photo, Indiana Gov. Mike Pence speaks during a news conference before attending Symphony on the Prairie for a Fourth of July concert in Fishers, Ind. Pence is one of several Republicans Trump is considering for his vice presidential running mate. Trump is expected to announce his decision on Friday. (AP Photo/Michael Conroy, File)
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Perry noted that Pence's charitable giving is significant particularly compared to many more wealthy taxpayers.

"I have clients who make substantially more money than he does, and his charitable contributions exceed what mine would give," he said.

Critics have called on Trump to release his tax records, which he says he will do only upon completion of an IRS audit. But Trump also suggested this week that he would immediately release his tax returns if Hillary Clinton releases emails she deleted on her private server.

Craig Holman of Public Citizen, a nonpartisan watchdog organization, said that Pence's returns showed no surprises and demonstrated that the family has not grown its wealth while in public service.

"Everything we see in Pence's tax returns are very likely to stand in stark contrast to Trump's tax returns, which apparently is why Trump's taxes remain a secret today and no doubt will continue to be a secret long after the election," he said.

Karen Pence, who in recent years ran a watercolor and crafts business that made nearly no money, used to bring in up to $35,000 toward the family income while the family resided in the DC area during her husband's tenure in Congress. She worked as a teacher at private Christian schools in the Virginia area.

Pence foreshadowed his rather mundane tax returns during a speech at the Reagan Presidential Library on Thursday, citing Harry Truman as once saying "an honest public servant can't become rich in politics." He followed by noting, "The Pences pass that test."

It appears Pence has not profited — outside of his salary as congressman and governor — off of his time in public office, based on the ten years of returns he released on Friday.

Pence, who now lives in the governor's mansion in Indianapolis, often jokes on the campaign trail that he is quite similar to his running mate, Donald Trump — except for the amount of money in their bank accounts.

"I always tell people — I mean, but for a whole lot of zeroes, he and I have an awful lot in common," Pence cracked on Thursday.

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