Hillary Clinton Releases Her 2015 Tax Returns

Monday, 15 August 2016, 04:54 Hrs
31
cmt right
28
Comment Right
41
cmt right
7
cmt right
Printer Print Email Email


WASHINGTON: U.S. Democratic presidential nominee Hillary Clinton on Friday released her 2015 tax returns and stepped up pressure on her Republican opponent Donald Trump to make his tax returns public.



Clinton and her husband, former president Bill Clinton, paid an effective federal income tax rate of 34.2 per cent and an effective state and local income tax rate of nine per cent in 2015, with a total income of about $10.7 million, according to her campaign.



They donated 9.8 per cent of their adjusted gross income to charity, mostly to the Clinton Foundation, Xinhua reported.



Clinton's campaign also released a list of 41 speeches that she delivered in 2013, with speaking fees ranging from $225,000 to $400,000. Meanwhile, Bill Clinton delivered 43 speeches that same year, with speaking fees ranging from $100,000 to $750,000.



Clinton's running mate Tim Kaine and his wife Anne Holton released 10 years of their tax returns, which showed that they paid an effective federal income tax rate of 20.3 per cent and an effective state and local income tax rate of 5.4 per cent in 2015, with a total income of about $313,000.



"Hillary Clinton and Tim Kaine continue to set the standard for financial transparency," Clinton campaign communication director Jennifer Palmieri said Friday.



"In stark contrast, Donald Trump is hiding behind fake excuses and backtracking on his previous promises to release his tax returns," Palmieri added.



Read also:
Indian-American Student At Centre Of Freedom Of Expression Debate
Firm Co-Founded By Indian-American To Land Spacecraft On Moon


Source: IANS
SPOTLIGHT
Technology
Facebook-owned messaging app WhatsApp is still developing its previously announced "Vacatio..
Finance
The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 20..
Gadgets
Google Pixel and OnePlus smartphones are catching up and giving stiff competition to Samsu..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will laun..
US Indian
Facebook-owned photo messaging app Instagram has launched the beta version of its in-app sh..
Business
The Pentagon has selected Microsoft and Amazon Web Services (AWS, the cloud computing arm ..
Startup City
Youth are leading India's start-up ecosystem where the median age of founder-entrepreneurs..
Career
Wiley, a global leader in research and education has announced a series of blended learning progr..
Entertainment
"Game of Thrones" author George R.R. Martin doesn't want season eight to be the final chapter of "..