Wednesday night on MSNBC’s “The Last Word”, commenting on the current controversy over Republican presidential nominee Donald Trump’s comments about the Second Amendment and his opponent Democratic nominee Hillary Clinton, host Lawrence O’Donnell said, “For shots to be fired, all Donald Trump needs is one person who hears him, who believes him, who has access to guns, and who is as mentally unstable as Donald Trump is”.
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“An independent analysis by a former economic adviser to Senator John McCain”, Clinton said, found that Trump’s platform would lead to 3.4 million in job losses, while her plan would create 10 million jobs. Tim Kaine, and his wife Anne Holton had a little more than $313,000 in gross income and paid a total of 25.6 percent in taxes.
Donald Trump has yet to release any tax documents, breaking with 40 years of tradition for presidential candidates.
Democratic presidential candidate Hillary Clinton gives a speech on the economy after touring Futuramic Tool & Engineering, in Warren, Mich., Thursday, .
A tax return would also show how much money Trump makes a year. While Williams said it’s hard to measure this claim in detail, he guesses they’d save between $10 and $15 million. And Trump’s refusal to make the documents public has led to questions from both sides of the aisle about what he may be hiding.
Clinton has pounced on the issue, releasing an online video on Friday highlighting high-profile Republicans urging Trump to release his taxes.
Trump delivered an economic speech in Detroit on Monday. Trump could become the first major-party nominee to not release returns since 1976.
TheNew York Times reported Thursday that Trump may not have paid any tax at all, despite claiming to be a billionaire. “I oppose it now, I’ll oppose it after the election, and I’ll oppose it as President”.
THE FACTS: The Washington Post delved into what Clinton calls the “Trump loophole”, which would effectively lower the tax rate on high-income “pass-through” entities – companies that file taxes through their individual owners, rather than at corporate rates – from 39.6 percent to 15 percent. The Clintons donated as much to charity past year as Trump did to the veterans in 20l6. Buffet said that he too was under IRS audit and Trump is “afraid” not of the tax-collection agency but of voters.
Clinton’s campaign has released tax returns going back to 2007.
The Kaines between 2006 and 2015 paid a combined federal, state and local effective tax rate between 18.7 percent and 29.1 percent.
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The Clintons’ 2015 return showed that, unlike most Americans, just $100 of their income came from wages.
