Politics

Hillary Clinton and Tim Kaine Show New Tax Returns, Pressuring Donald Trump

Written by Teunis Felter

Hillary Clinton and her running mate, Tim Kaine, released a new batch of their own income tax returns on Friday, ratcheting up the pressure on her opponent, Donald J. Trump, to begin making public his own forms.The newest tax return of Mrs. Clinton and her husband, former President Bill Clinton, showed an adjusted gross income of $10.6 million for 2015, a large drop from previous years but still enough to place them in the top 0.1 percent of American households. They paid about $3.6 million in federal taxes for an effective tax rate of about 35 percent. More than half their income came from speeches; Mrs. Clinton also earned $3 million from “Hard Choices,” her memoir of her years as secretary of state.Mr. Kaine, the Virginia senator, and his wife, Anne Holton, who was Virginia’s secretary of education until she stepped down last month, reported income of $313,441 for 2015.  But aside from their earnings, the release was intended to put a spotlight on Mr. Trump’s refusal to release his own returns. Mike Pence, the Indiana governor and Mr. Trump’s running mate, also has not made public his tax data during the campaign.

http://www.nytimes.com/2016/08/13/us/politics/hillary-clinton-tim-kaine-taxes.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news&_r=TheCenterNews.com

About the author

Teunis Felter

Teunis Felter has over 20 years experience as an author, editor, and scientist. When not exploring outside, he enjoys reading history, researching genealogy, and civilly discussing politics.