Clinton and her husband, Bill, claimed a total income of $10,745,378 in 2015, and paid federal taxes of $3,624,455.
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Clinton’s running mate, Virginia Sen.
Kaine and his wife, Anne Holton, paid an effective federal tax rate of 20.3 percent in 2015, according to the news release.
The Clintons have disclosed returns for every year dating back to 1977.
The Clintons pulled in $10.6 million in 2015, much less than the almost $28 million they made the year before.
The IRS has said Trump is free to release his returns. “There’s nothing to learn from them”, he said.
Although the speaking fees were previously reported in tax returns filed for 2013 and 2014 and released more than a year ago, the campaign made a point Friday of compiling them into online lists broken out by the name of the company or organization she addressed.
Presidential candidates are not legally required to release their tax returns, although the practice has been the norm for more than four decades.
What’s in Donald Trump’s tax returns? The Clinton campaign also says that the couple gave 9.8 percent of their adjusted gross income to charity, though nearly all of it went to their charity, the Clinton Family Foundation.
When asked about his taxes at the time, Nixon willingly released the returns that had been under audit: “I welcome this kind of examination, because people have got to know whether or not their president is a crook”.
Critics have questioned whether Trump has not released his taxes because his reported earnings could be underwhelming in comparison to his own statements about his net worth.
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 a year ago, saying it did not meet her standard for creating jobs, raising wages and protecting national security.
The release of tax information is generally expected of presidential candidates.
However, the disclosure of Clinton’s wealth, mainly coming from highly-paid speeches delivered to financial institutions, might also raise concerns about whether she could really defend interests of middle-class families and take a tough stance against Wall Street as she has promised. They made $21,290 in tax-deductible charitable donations past year.
A lower income would undermine his image as a successful businessman.
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Bill Clinton’s consulting work for GEMS Education, a global network of for-profit schools based in Dubai in the United Arab Emirates, earned him more than $5.6 million in fees between 2010 and 2015, according to the tax returns.
