“Hillary Clinton and Tim Kaine continue to set the standard for financial transparency as she releases her 2015 personal tax return”, campaign communications director Jennifer Palmieri said Friday.
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“We will only really know if he’s a real deal or a phony if he releases his tax returns”, Romney says, suggesting that maybe Trump isn’t as rich as he claims, hasn’t paid the tax rate Americans would expect him to or hasn’t donated to veterans and other charities as he’s said he has.
That includes Clinton’s campaign, which released a web video Friday speculating what lies in the withheld tax returns.
What might be in Trump’s tax return?
Her running mate Tim Kaine, along with his wife Anne Holton, paid a rate of 20.3%, his returns show.
The release is part of an effort to undercut Donald Trump’s character by questioning the celebrity businessman’s record. “His tax rate is as low as possible, as many deductions as possible, to build his business so that he could provide jobs in his corporation”. He has refused to disclose any returns, breaking tradition with all recent presidential candidates.
Trump has said he is now under audit and won’t release the documents until the audit wraps.
Then-President Richard Nixon released his tax returns in 1973, starting an informal precedent. They paid an effective combined tax rate of 25.6 percent in 2015, according to the release.
Key points in Clinton’s speech in MI, the Democrat’s economic counterpoint to the economic plan Trump delivered on Monday.
Mrs Clinton’s return was filed jointly with her husband former President Bill Clinton. Speaking to reporters in Kentucky on Thursday, Senate Majority Leader Mitch McConnell described Republicans’ chances of keeping control of the Senate after the November elections as “very dicey”.
Most of the income came from Mr Clinton’s speaking fees as Mrs Clinton has been campaigning for president. Both Clintons reported income from royalties and retirement plans and just over $84,000 in income from an investment in the Vanguard 500 Index mutual fund.
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Clinton once called the TPP the “gold standard” of trade deals when she served as Obama’s secretary of state but announced her opposition to the deal past year, saying it did not meet her standard for creating jobs, raising wages and protecting national security.
