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Clinton releases tax return, asks Trump to do the same
Epoch Times reached out to the Secret Service who said they were “aware” of the comments Trump made but declined to comment further.
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The Democratic presidential and vice presidential nominees released tax returns dating back 10 years, plainly laying out their respective effective tax rates on Clinton’s website. Kaine and Holton had a small amount of earnings from investments, but nearly the entirety of their income came from their salaries: Kaine’s income as a United States senator and Holton’s from her work as the state of Virginia’s secretary of education.
Clinton’s tax returns have been made public, in some form, every year since 1977. He has failed to provide the public with the most basic financial information disclosed by every major candidate in the last 40 years. “What is he trying to hide?”
“Here’s a pretty incredible fact: There is a non-zero chance that Donald Trump isn’t paying (asterisk) any (asterisk) taxes”, Clinton tweeted, after releasing her own returns.
Trump’s running mate, Mike Pence, has yet to say if he will release his taxes, which he has not done as governor of Indiana. Trump has yet to do the same, although he did release his birth certificate. The $4 billion figure though, based on Trump’s stated net worth of $10 billion, is a bit trickier since Trump could employ a number of tax avoidance mechanisms. In 2014, she earned almost $10.5 million in speaking fees, exceeding the $9.7 million her husband Bill was paid for doing the same.
Clinton stood firm and said she would abandon the Trans-Pacific Partnership (TPP), a trade plan she had previously supported under President Obama. “But I fight very hard to pay as little tax as possible”. “It must be opening new vistas of human thought”. Sandy Levin attended Clinton’s economic policy speech in Warren on Thursday, said when comparing the experience and temperament of Trump and Clinton, “there’s no comparison whatsoever”.
Clinton’s campaign has already released tax returns going back to 2007. Where would the money come from for infrastructure investments and to encourage manufacturers to make their products in the United States?
The Democratic presidential nominee revealed on Friday that she paid a 34 percent effective tax rate previous year, after taking into account deductions and other claims. The Clintons also donated roughly a tenth (9.8 percent) of their annual income to charity.
Presidential candidates typically release their tax returns to the media to show their effective tax rate, charitable donations and other financial details. Almost 96 percent of the Clintons’ $1.04 million in charitable contributions went to their own Clinton Foundation.
The speech figures are not a surprise.
Hillary Clinton, 68, gave dozens of paid speeches in 2013, 2014 and 2015 but gave up on that before launching her White House run in April 2015. She put out her most recent eight years of tax filings last summer and several years during her first presidential bid.
There was little new in Clinton’s speech, as the tenets of her economic plan haven’t changed much over the course of the a year ago. Her fees varied, but she earned as much as $315,000 for speaking to eBay in San Jose on March 11; she also collected $325,000 for speaking to the technology company Cisco in Las Vegas in August.
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He and his wife, Anne Holton, reported $313,441 in total income, and owed $63,626 in federal taxes.