“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”, said Jennifer Palmieri, communications director for the Clinton campaign, in a statement.
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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. Mr. McAuliffe backed off and the Clinton campaign rejected his claims, but GOP presidential nominee Donald Trump said the comments exposed where Mrs. Clinton really stands. Every major-party nominee since the late 1970s has released tax returns before Election Day. Trump has refused to make his filings public, saying they’re under audit by the Internal Revenue Service and that he’ll release them only once that review is complete.
The filing shows that the Clintons paid a federal tax rate of 34.2 percent in 2015.
Their 2015 income was a little more than a third of what it was the year before and about half of their haul in 2007, the last full year in which Hillary Clinton was running for president.
The release is part of an effort to undercut Trump’s character by questioning the celebrity businessman’s record.
Over the weekend, Clinton running mate Tim Kaine said the decision on whether to stick with Garland “will be for the president and the president-elect to decide”, and didn’t answer directly when asked if he knew whether Clinton would retain Garland.
Democrats believe Trump’s returns could be treasure trove of politically damaging information. President Barack Obama also backs the proposal.
There is no law mandating candidates release their tax information. Including state and local taxes, the pair paid an effective rate of 43.2% in taxes 2015. Charitable contributions accounted for 9.8 percent of their adjusted gross income. Clinton now says she would renegotiate it.
Clinton delivered six paid speeches in 2015, including one to the Canadian Imperial Bank of Commerce. Bill Clinton earned $10 million from speeches and $4 million in book sales that year, but their combined income dropped to $5.5 million in 2008.
Asked whether he had direct knowledge of Clinton’s intentions because of discussions with her campaign or her advisors, Reid did not answer directly but responded, “I think that I can say that with some degree of credibility”.
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Bill Clinton’s office a year ago said he had ended his consulting relationship with Laureate, but no similar statement has been made regarding to GEMS, which stands for Global Education Management Systems.
