The information shows that she and husband Bill Clinton paid an effective federal tax rate of 34.2 percent and an effective state and local tax rate of 9 percent, totaling a combined tax rate of 43.2 percent for past year, according to the Clinton campaign. Her campaign site says she also donated about 10 percent of their income to charity.
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Clinton’s running mate Tim Kaine also released his returns for the past 10 years on Friday.
Last Friday showed to every American how rich are Clintons, and this release most recent tax files is a part of a renewed call for Republican candidate Donald Trump to do the same. “What is he trying to hide?” asked Palmieri.
Hillary and Bill Clinton reported earning $10.6 million past year in adjusted gross income. The drop is largely because Hillary Clinton stopped giving paid speeches when she launched her presidential campaign.
Hillary Clinton just made her latest federal income tax return public, putting the pressure on Donald Trump to do the same. But more than a year the billionaire refuses to do this. He did so for the previous 29 years, according to the Washington Post. Today’s release is to include the 2015 returns on that list.
That document gave only an estimate of Trump’s assets, liabilities and income.
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Trump presented the Federal Election Commission with a mandatory personal financial disclosure form in May and says this is enough. Forbes magazine estimates Trump is worth less than half that – $4.5 billion.
