Josh Kraft earned $6.3 million in 2024 and reported giving $269,000 to charity. His federal and state income tax was projected at $2,570,000. In 2023, he earned $6.5 million and gave $297,000 to charity, with taxes of $2,188,000. His campaign shared a summary of his financial information instead of full tax returns. The sources of income were not detailed, but included salary, interest, dividends, and capital gains. Kraft emphasizes his background of privilege and commitment to community service in Boston neighborhoods.
Josh Kraft earned $6.3 million last year, reported giving $269,000 to charity, and projected to pay $2,570,000 in federal and state income tax.
Kraft's campaign shared a summary of his finances but is not releasing full tax returns, raising questions about transparency ahead of the mayoral race.
His campaign spokesperson stated, 'Josh is providing an accurate picture of his personal finances based on the past two years of tax filings.'
Kraft claims his family's success enabled his career in community service and nonprofit work in Boston neighborhoods.
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