The campaign reported the Clintons’ effective tax rate as 34%, which includes the more than $300,000 the couple paid in self-employment taxes, which are payroll taxes for Social Security and Medicare.
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Clinton’s running mate, Tim Kaine, also release the past ten years of his tax returns on Friday.
Clinton’s lead is the largest she has held since Siena’s May 3 poll, and the 57 percent of voters who say they will cast their ballots for Clinton is her highest percentage this year. That is the financial vehicle the family uses to give money to museums, schools, churches and other charitable causes. We want to see the Clinton Foundation records showing how the Clintons sold our uranium to Russian Federation, ripped off Haiti and cut deals with oppressive regimes around the world.
Critics, including 2012 Republican presidential candidate Mitt Romney and other fellow Republicans, have said Trump’s refusal raises questions about his net worth, his charitable contributions, his business dealings and various other ties, including with Russian Federation. Trump has refused to make his filings public, saying they’re under audit by the Internal Revenue Service and he’ll release them only once that review is complete.
Every major-party nominee since the late 1970s has released tax returns before Election Day.
“What doesn’t he want to show?” the Virginia senator said at a rally in Manchester, New Hampshire, the only public event by the Clinton campaign this weekend.
The release “builds on the Clintons’ tradition of making their returns public since 1977”, while Kaine released a decade’s worth of material in one batch, Palmieri said.
Mrs Clinton’s email system, which she used during her four years in office, has continued to be a source of controversy during the presidential race. The Democrat has to be thankful that Mr Trump instead chose to focus on his outlandish claim that she and President Obama are the founders of ISIS.
The Clinton campaign gleefully pointed all of this out and also released a video that included Republicans like Senate Majority Leader Mitch McConnell and former presidential nominee Mitt Romney calling for his returns to be released in press clips.
It also quotes Trump himself, from a 2012 interview about former candidate Mitt Romney’s returns: “If you didn’t see the tax returns, you would think there is nearly, like, something wrong”.
Hoping to keep the pressure up on Trump, Clinton is also planning to release her 2015 tax returns in the coming days. Kaine and his wife, Anne Holton, paid a federal tax rate of 20.3% and a state tax rate of 5.4% in 2015, for a total of 25.6%. Their main investment was a low-priced index mutual fund, and the Clintons reported dividend and interest income of $109,000.
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Together they made $6.7 million in speaking fees.
