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Hillary Clinton Releases 2015 Tax Returns; Paid 34% Effective Federal Rate
He said: “Now, Hillary Clinton, commonly referred to as “Crooked Hillary”. Though the public does not know what’s in the controversial speeches, they do know how much she was paid for them.
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“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”.
The fact that Trump won’t release his taxes has raised questions about the actual size of his fortune and some of his businesses connections.
Trump has repeatedly rebuffed calls to release his most recent tax returns because they are under federal audit.
“All told, the Clintons have made their tax returns public for every year dating back to 1977”, according to the news release.
Clinton meant to try to make the case that Trump’s agenda would benefit him and his wealthy friends, and to characterise his plans as an update of “trickle-down economics”, according to her campaign.
Politico has reported that Mr Trump paid zero to very little taxes for two years in the 1990s.
The Republican presidential nominee has said he’s facing an IRS audit and won’t make his returns public until it’s done.
What’s in Donald Trump’s tax returns?
“It’s white-bread stuff. Hillary has been running for president for decades and her tax returns show it”, said Joseph Thorndike, director of the Tax History Project at Tax Analysts and author of the “Politics of Federal Taxation” column for Tax Notes magazine.
The latest return, 40 pages long, showed the Clintons donated more than $US1 million, or almost 10% of their gross income, to charity. The couple earned more than $10m in 2015, the documents say.
“Donald Trump should release his tax returns”, on-screen text reads at the beginning of the video.
Trump has continued to have a rough ride in the run up to the presidential elections in November. The campaign did not respond to messages.
Moments later he said to the crowd: “By the way, is there any place to be that’s better than a Friday night in Florida at a Trump rally?”. But her substantial wealth has caused headaches.
The power couple made the bulk of their money in 2015 from paid speeches and book sales.
The Democratic presidential candidate paid an effective federal tax rate of 34.2 per cent previous year.
Mrs Clinton’s return was filed jointly with her husband former President Bill Clinton.
Clinton delivered six paid speeches in 2015, including one to the Canadian Imperial Bank of Commerce. That comes to an effective federal tax rate of around 34%.
He also earned more than $17 million over the same period for consulting work for Laureate Education, Inc., another for-profit education system based in Baltimore that makes most of its profits from overseas operations. Over the last nine years, the Clintons have paid $US48 million in federal taxes and given $US16 million to charity.
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Also in 2010, Bill Clinton was appointed honorary chairman of a nonprofit associated with Gems Education, which is based in Dubai and operates mainly in the Middle East.