Clintons Earned Over $10 Million in 2015
Democratic presidential candidate Hillary Clinton released her 2015 personal tax return on Friday, adding pressure on her Republican counterpart Donald Trump to do the same.
The Democrat’s running mate, Tim Kaine and his wife, Anne, also released 10 years of their returns.
According to the tax returns, the Clinton’s earned over $10.7 million in 2015.
The campaign said they had an effective federal income tax rate of 34.2 percent in 2015. They also paid an effective state and local income tax rate of 9 percent for a combined federal, state, and local effective tax rate of 43.2 percent.
Former president Bill Clinton and the former secretary of state donated almost 10 percent of their income to charity in 2015 the records showed.
Tim Kaine and Anne Holton
Clinton’s running mate, Tim Kaine, and his wife, Anne Holton, paid an effective federal rate of 20.3 percent in 2015, the campaign said. They also paid an effective state and local tax rate of 5.4 percent, with a combined total of 25.6 percent. Their combined income for 2015 was $313,441, according to the tax returns.
The pair donated 7.5 percent of their adjusted gross income to charity over the course of the past 10 years. In 2015, they donated $21,290 to charity.
Pressure for Trump
The release of Clintons’ taxes puts pressure on the Republican nominee. The Clintons’ have made public all of their tax returns since 1977. They released their personal tax returns in 2007-2014, and 2000-2006 during the former secretary of state’s 2008 campaign. Tax returns from 1992-1999 were released while Bill Clinton was president.
Clinton’s campaign noted Trump’s refusal to make his tax returns public.
“In stark contrast, Donald Trump is hiding behind fake excuses and backtracking on his previous promises to release his tax returns. He has failed to provide the public with the most basic financial information disclosed by every major candidate in the last 40 years,” communications director Jennifer Palmieri said. “What is he trying to hide?”
Ad Against Trump Featuring Republicans
The Clinton campaign released a video on Friday featuring Republicans criticizing Trump for not releasing his tax returns.
“Donald Trump should release his tax returns. Even Republicans think so,” the video says.
The ad included Sen. Ted Cruz (R-TX), Senate Majority Leader Mitch McConnell, and Mitt Romney.
“We will only really know if he’s a real deal or a phony if he releases his tax returns,” Romney said.
Here’s why Donald Trump might be refusing to release his tax returns: https://t.co/M4MSBonNyo
— Hillary Clinton (@HillaryClinton) August 12, 2016
Letter from Physician
Along with the tax returns, a 2015 physician’s letter detailing her health was also released.
Clinton is a “healthy 67-year-old female whose current medical conditions include hypothyroidism and seasonal pollen allergies,” a healthcare statement from Dr. Lisa Bardack, Chairman of the Department of Medicine at the Mount Kisco Medical Group in New York, said.