With the release of now 10 years of tax returns, Clinton brings attention to the almost 40-year bipartisan tradition of presidential candidates publicly disclosing their returns – and Trump’s refusal to do so.
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The Democratic presidential nominee and her husband, former President Bill Clinton, paid $3.24 million in taxes out of their adjusted gross income of $10.6 million.
They paid an effective federal income tax rate of 34.2 percent and donated nearly 10 percent of their adjusted gross income to charity, the campaign said. But the IRS says all taxpayers are free to make their own tax returns public, regardless of any audit.
A quartet of NBC/Wall Street Journal/Marist polls released Thursday show Hillary Clinton ahead of Donald Trump by 5 to 14 points in Colorado, Florida, North Carolina and Virginia, with Trump failing to break 40 percent in any of the four.
Kaine and Holton over the past 10 years have had effective federal income tax rates ranging from 13.4 percent to 24 percent.
The Clintons’ income was down from 2014, when they had a total income of about $28 million.
Bill and Hillary Clinton made most of their money in 2015 from business income, namely consulting, speaking and book royalties, for a total of $10.1 million between the couple.
Trump has said that he’s under an audit by the Internal Revenue Service and won’t release his returns until that audit is concluded – which may not happen before the November 8 election.
The Clintons donated 9.8 percent of the adjusted gross income to charity.
“Here’s a pretty incredible fact: there is a non-zero chance that Donald Trump isn’t paying *any* taxes”, Ms Clinton tweeted, minutes after releasing her own returns.
She put out her most recent eight years of tax filings last summer, along with her health records.
In a touch of irony-outside of book deals and government pension payments-an enormous amount of income that both Hillary and Bill Clinton received in the years following public office came through speaking fees to large corporations and other institutions.
The Clintons also donated a million dollars to the non-profit foundation that bears their name.
Kaine also released his returns dating to 2006, while the Clintons released all of their annual tax returns going back to 1977.
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One of the only times Trump did release his returns was in the early 1980s, according toThe Washington Post, and at that time they revealed he paid absolutely nothing in income taxes.
