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GOP gov candidate Cox releases 2009 tax returns

By AP

LANSING, MI –

Republican Mike Cox has released his 2009 tax returns, the first gubernatorial candidate to do so.

The attorney general reported Monday that he earned $118,519 while his wife, Wayne County Commissioner Laura Cox, earned $76,511. The Livonia couple claimed exemptions for three of their children, paid $30,202 in federal taxes and are due a $1,011 federal refund.

In addition, Cox disclosed that their home is worth $226,000 and that they owe $201,000 on it. He reports having $97,000 in a state 401(k) retirement fund and $133,000 in a Wayne County 401(k) from his time with the prosecutor's office.

His wife reports having $55,000 in a Wayne County 401(k), $213,000 in a federal 401(k) from her time as a U.S. Customs agent and $39,000 in county deferred compensation.

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