Bernie Sanders releases 10 years of taxes, admits he's a millionaire

After denouncing them for years, US Senator Bernie Sanders has admitted he's actually a millionaire.

Sanders announced he will release 10 years of his tax refunds, and acknowledged that yes, he is very rich.

Sanders originally refused to release his taxes during the 2016 election, but President Donald Trump's refusal to release his own has people comparing the two men.

Sanders is bristling at the comparison.

"Not being a billionaire, not having investments in Saudi Arabia, wherever he has investments, all over the world - mine will be a little more boring," he told The New York Times.

When reminded he was a millionaire, Sanders did not deny it.

"I wrote a best-selling book," he told the publication. "If you write a best-selling book, you can be a millionaire too."

He says he hopes his decision to be transparent will convince President Trump to do the same.

"I hope Donald Trump will do exactly the same. We are going to release our 10 years of tax returns and we hope on that day Donald Trump will do the same."

The tax results were released on Tuesday. Trump has yet to follow suit.

Newshub.