Gov. Rick Scott details finances and releases taxes

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Gov. Rick Scott is releasing three years of tax returns and providing a closer look at his finances.

Scott made the decision to disclose the financial information since he is officially qualifying for the 2014 ballot on Monday.

Scott is also asking challenger Charlie Crist to release tax returns that he and his wife filed.

The latest financial information shows that Scott’s net worth jumped from nearly $83.8 million at the end of 2012 to $132.5 million at the end of last year.

Scott released tax returns in 2010 but set up a blind trust in 2011 to remove direct control over his finances in order to avoid potential conflicts.

A pending lawsuit contends that using a blind trust to shield the names of the individual assets violates state law.

Republished with permission of the Associated Press.