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Hillary Clinton, Tim Kaine release tax returns
“In stark contrast, Donald Trump is hiding behind fake excuses and backtracking on his previous promises to release his tax returns”.
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There have also been questions about how much Trump has paid in taxes over the years, whether he in fact paid any federal taxes some years, and whether he has followed through on his charitable pledges.
Voters in four states expected to be competitive this fall favor Hillary Clinton over Donald Trump, two of them by more than 10 points.
Senator Tim Kaine, Clinton’s running mate, and his wife also released 10 years of tax returns, showing they paid an effective federal tax rate of 25.6 percent and donated 7.5 percent of their income to charity.
Clinton’s tax returns have been made public, in some form, every year since 1977.
Hillary Clinton has released her tax returns, adding to the pressure on her Republican rival for the White House, Donald Trump, to do the same. But legendary investor and billionaire Warren Buffett earlier this month challenged the Republican presidential nominee to discuss their tax returns publicly.
Clinton campaign spokeswoman Jennifer Palmieri noted that the most basic financial information is disclosing by every major candidate in the US in the last 40 years.
Clinton and her husband, former President Bill ClintonBill ClintonBill Clinton makes pitch to Asian Americans Bill Clinton: Claims Hillary threatened national security a “load of bull” It might be the end of Trump, but real story of campaign was always Sanders MORE, put out their returns for 2015.
Meanwhile, Democrats have happily filled the void with speculation that Mr Trump is not giving as much to charity as he claims, is not as wealthy as he has made out, is trying to hide embarrassing business connections at home or overseas. The Clintons, who now live in Chappaqua, New York, paid an average effective federal tax rate of about 32 percent from 2007 to 2014 and an effective combined tax rate of approximately 40.5 percent.
Tim Kaine and Anne Holton’s tax rates since 2006.
The IRS has said Trump is free to release his returns.
“He refuses to do what every other presidential candidate in decades has done and release his tax returns”, she told the crowd. Clinton has refused to release the transcripts of those speeches. Her husband earned $5.25 million from speeches a year ago.
Meanwhile, the Trump campaign has gone after Clinton’s financial links to the Clinton Foundation with the candidate charging she is guilty of “pay for play”.
The figures show Hillary and Bill Clinton earned almost $11m in 2015, and paid a total of 43.2% tax.
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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. Of that number, however, $1 million went to their own Clinton Family Foundation, a separate endeavor from the Clinton Foundation.