Hillary Clinton revealed her tax return figures while Donald Trump still refuses to.
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Hillary Clinton released her 2015 tax returns on Friday, showing she and her husband, former President Bill Clinton, earned $10.6 million and paid roughly a third of that in federal income tax.
For the 2015 tax year, Hillary and Bill Clinton reported adjusted gross income of $10.6 million and a tax bill of $3.6 million. Bill Clinton made more $5.25 million in speaking fees, while his wife made almost $1.5 from paid speeches.
The channel broadcast video of Trump urging Mitt Romney, the Republican candidate in 2012, to release his returns at the time, saying, “If you didn’t see the tax returns, you would think there is nearly, like, something wrong”.
Trump and his lawyers have cited an audit by the Internal Revenue Service as a reason for his refusal to release his returns.
But Spicer said giving up on Trump could be harmful to other Republican candidates and there was still time for him to rebound in opinion polls against Democrat Hillary Clinton.
The Clintons’ prior tax returns showed that from 2007 through 2014, the couple made $139.1 million – much of it from paid speeches.
According to an IRS study based on the decade ending 2012, the average federal tax rate for the top 0.001 percent of earners that year – those earning at least $62 million – was 17.6 percent. They paid $3.6 million in federal income tax, according to the document, which was posted on the Democratic presidential candidate s web page. Of that number, however, $1 million went to their own Clinton Family Foundation, a separate endeavor from the Clinton Foundation.
In May, Trump bragged to George Stephanopoulous that he fights “very hard to pay as little tax as possible”.
“Donald Trump is hiding behind fake excuses and backtracking on his previous promises to release his tax returns”, Palmieri said Friday.
The comment provoked widespread outrage, as many interpreted it as an oblique call to assassination – a charge Trump now vehemently denies.
Former Bush cabinet member backs Clinton, criticizes Trump: Carlos Gutierrez, former secretary of commerce under President George W. Bush, is joining other Republicans who are supporting Clinton rather than the Republican presidential nominee, reports Politico.
“If team U.S. was as fearful as Trump, Michael Phelps and Simone Biles would be cowering in the locker room, afraid to come out to compete”, Clinton told supporters at a Thursday rally in Detroit. “A canvass of 200-plus charities, all of them with connections to the mogul, turned up just one small gift of less than $10,000 between 2009 and this May (when Trump, under pressure, made good on a $1 million pledge he had made to help veterans)”. The couple owed millions in legal fees, but quickly generated far more from book deals, paid appearances and consulting fees.
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“Don’t believe the garbage you read – Donald Trump, the Republican Party, all of you, we are going to put him in the White House and save this country together”, Priebus said.
