Hillary Clinton released her 2015 tax returns Friday, showing that she made a combined $10 million past year and paid about a third of that in federal income taxes.
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Along with an entitled pension of $200,000 a year as former U.S. President, Bill’s independent consultant business brought in a whopping $1.7 million.
According to a statement posted to Clinton’s website Friday, she and her husband, former President Bill Clinton, made a collective $10.6 million in adjusted gross income in 2015.
Trump has claimed that he can not release tax returns because he is being audited.
“He has failed to provide the public with the most basic financial information disclosed by every major candidate in the last 40 years”, a Clinton spokeswoman said of Trump.
Presidential candidates typically release their tax returns to the media to show their effective tax rate, charitable donations and other financial details. Ted Cruz, theorizing about why Trump has not made his tax returns public.
He said it would not have occured to diplomats at the time that they should be concerned with records classification and insisted the issue, which has cast a shadow over Ms Clinton’s campaign, was not “a cause for distrust”. “What is he trying to hide?” queried Jennifer Palmieri, Hillary for America communications director.
Hillary Clinton released her tax returns Friday. They have now released their tax returns for every one of the last 39 years.
Finally, a tax return could show what kind of financial ties Trump has to foreign countries – including Russian Federation, which has seemingly sought to meddle in the 2016 election through a possible email hack of numerous Democratic campaign entities.
Voters in four states expected to be competitive this fall favor Hillary Clinton over Donald Trump, two of them by more than 10 points.
The video includes 2012 Republican nominee Mitt Romney, Senate Majority Leader Mitch McConnell and Texas Sen. During the Ford administration, the top federal income tax rate was 70 percent.
Clinton today said Trump’s tax proposals would amount to “about a $4 billion gift to him and his family”.
US Democratic presidential nominee Hillary Clinton has vowed to “stand up to China” and oppose the Pacific trade agreement.
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At a Clinton rally last week in Omaha, Nebraska, Buffett, whose Berkshire Hathaway conglomerate is based there, challenged Trump to meet and exchange tax returns.
