Why Is Donald Trump Hiding His Tax Returns? Hillary Clinton Makes Her 2015 Tax Returns Public
Democratic USA presidential candidate, Hillary Clinton has released her 2015 tax returns, Friday, August, 12.
Trump is being pressured to release his as well.
Hillary Clinton Makes Her 2015 Tax Returns Public
The Clintons filed a joint tax returns which showed they paid a federal income tax rate of 34.2% last year, while donating 9.8% of their gross income – after being adjusted – to charity.
According to the campaign, the Clintons earned a $10.6 million income in 2015. The bulk of the money coming from Bill Clinton’s paid speeches while book royalties earned them $3 million.
USA Today confirmed, “Clinton’s running mate, Senator Tim Kaine, and his wife, Anne Holton, also released 10 years of their returns showing they earned a combined $313,441 and paid a 25.6% rate, taking into account federal, state and local taxes.”
Jennifer Palmieri, communications director for the Clinton campaign, said in a statement, “Hillary Clinton and Tim Kaine continue to set the standard for financial transparency as she releases her 2015 personal tax return and builds on the Clintons’ tradition of making their returns public since 1977.”
Trump has refused to release his tax returns as he claims they are under federal audit adding that “there’s nothing to learn” from his tax returns and has released only a personal financial statement, which is legally required.
Trump’s net worth is said to be in excess of $10 billion.
Since the late 1970s, every nominee is expected to release their tax returns before Election Day.
It’s yet to be known if Trump will release his returns before the election or if he’ll even release it at all.
Watch a new Clinton campaign featuring Republicans pressuring their nominee, Trump, to release his returns.