This marks the 39th year the couple that the couple has released their tax returns to the public.
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“Hillary Clinton and Tim Kaine continue to set the standard for financial transparency as she releases her 2015 personal tax return and builds on the Clintons’ tradition of making their returns public since 1977 and Kaine releases 10 years of his returns”, said Hillary for America director Jennifer Palmieri.
For many, many months (the greatest months), Donald Trump has refused to release his tax returns. His 2015 federal tax rate was 20.3%, and he and his wife have donated 7.5% of their adjusted gross income to charitable causes.
Democratic nominee Hillary Clinton released her tax returns Friday, with a poke in the eye to Republican nominee Donald Trump, who has thus far declined to release his tax returns.
The couple paid an effective tax rate of 34.2 percent in 2015 and donated 9.8 percent of their adjusted gross income to charity – including a $1 million gift to the Clinton Family Foundation – according to the return. She pointed out that, as independent researchers have shown, Trump’s across-the-board income tax reduction would benefit mostly the top earners, especially with a carve-out that would allow business owners to pay taxes at Trump’s new, low corporate tax rate of 15 percent.
The billionaire businessman has said he is not releasing his tax returns until the IRS finishes an audit of him.
In a speech in Warren, Michigan, on Thursday, Clinton said that in contrast to her rival her economic plans will create more than 10 million new jobs.
Hillary Clinton proposed to make college tuition “free for the middle class” and “debt free for everyone” at a rally in MI on Thursday.
Even while working to restore confidence in his campaign, Trump appeared to court controversy anew when he said late Thursday that he was open to trying Americans suspected of terrorism at the Guantanamo Bay detention center in Cuba.
Clinton’s speech was not a new policy roll out, but was more meant to be a direct rebuttal to the mix of tax breaks and a simplification of the tax code that Trump outlined in an economic address on Monday in Detroit. Democrat Hillary Clinton’s lead over Trump in national polls has widened in recent days, while a growing number of fellow Republicans have declared they won’t support their own party’s nominee. Yet since the conventions, Clinton has focused her message and campaign schedule on undecided voters in swing states.
The Clintons’ eight-figure income, which included nearly $6 million from speaking fees and consulting fees for Bill Clinton andmore than $4 million in speaking fees and income from book sales for Hillary Clinton, may complicate her attempts to appeal to lower- and middle-income voters.
In total, the Clintons earned than $139 million between 2007 and 2014, according to eight years of federal income tax returns released by her campaign last July.
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A year ago, The Associated Press revealed that Bill Clinton provided political and economic analysis to a few well connected businesses through a company called WJC, LLC. His office did not immediately respond to a question about whether he still has a relationship with GEMS.
