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---
title: Hillary Clinton Tax Returns: She Paid $3 Million in 2015
description: Hillary Clinton released her 2015 tax returns Friday, showing she paid $3,624,455 at a tax rate of 34.2%.
canonical: https://time.com/4450506/hillary-clinton-tax-returns-2015/
author: Ben Geier/Fortune
article:opinion: false
article:content_tier: free
article:published_time: 2016-08-12T17:10:44.000Z
article:modified_time: 2026-10-07T06:42:39.585Z
article:section: Politics
og:title: Here's How Much Hillary Clinton Paid in Taxes Last Year
og:description: She released her returns, pressuring Donald Trump to do the same
og:url: https://time.com/4450506/hillary-clinton-tax-returns-2015/
og:site_name: TIME
og:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltcf8c7cec7fd5ba4a/6988a22efb4eac3dfc88eba8/hillary-clinton-tax-statement-2.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9
og:image:width: 2560
og:image:height: 1440
og:image:alt: Hillary Clinton
og:type: article
twitter:card: summary_large_image
twitter:title: Here's How Much Hillary Clinton Paid in Taxes Last Year
twitter:description: She released her returns, pressuring Donald Trump to do the same
twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltcf8c7cec7fd5ba4a/6988a22efb4eac3dfc88eba8/hillary-clinton-tax-statement-2.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9
video:duration: 00:48
video:published: 2016-08-12
section: politics
topics: tax returns, 2016 presidential election, Hillary Clinton, Tim Kaine, Donald Trump, effective tax rate, charitable giving, IRS audit, candidate transparency, campaign finance disclosure
genre: news report, explainer
tones: factual, neutral, concise, informative
emotions: neutrality (high), concern (low), curiosity (low)
sentiment: neutral
audience: voters, political news followers, general news audience, tax-interested readers
people: Hillary Clinton, Tim Kaine, Bill Clinton, Donald Trump
organizations: IRS
content_suitability: politics [00:00-00:48]
transcript_source: automatic transcription
transcript_reviewed: not applicable
---

![](https://static.time.com/v3/assets/bltea6093859af6183b/bltcf8c7cec7fd5ba4a/6988a22efb4eac3dfc88eba8/hillary-clinton-tax-statement-2.jpg?branch=production&width=1200&quality=75&auto=webp&crop=16:9)


# Here's How Much Hillary Clinton Paid in Taxes Last Year

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<!-- video src="https://cdn.jwplayer.com/manifests/fMLUrTnE.m3u8" -->
## Video: Hillary Clinton and Tim Kaine Release Tax Returns

[Watch (HLS stream): Hillary Clinton and Tim Kaine Release Tax Returns](https://cdn.jwplayer.com/manifests/fMLUrTnE.m3u8) (0:48)

![Hillary Clinton and Tim Kaine Release Tax Returns](https://cdn.jwplayer.com/v2/media/fMLUrTnE/poster.jpg?width=720)

_Published 2016-08-12. Hillary Clinton and Tim Kaine have both released their tax returns._
Description, summary, key points, chapters, key quotes, questions and transcript, where present, were produced automatically from the video or its captions and were not reviewed.

## Summary
The video reports on tax return disclosures by the 2016 Democratic presidential and vice presidential candidates. It outlines the income, effective tax rates and charitable giving figures reported by Hillary Clinton and Bill Clinton, and by Tim Kaine and his family. It then turns to Donald Trump, who has not released his returns, and notes the stated reason and the historical context for that decision.

## Key points
- Hillary Clinton and her husband, former President Bill Clinton, reported a $10.6 million income for 2015. (00:04)
- The Clintons paid an effective federal income tax rate of 34 percent. (00:11)
- The Clintons donated an additional 10 percent of their gross income to charitable causes. (00:15)
- Tim Kaine and his family reported tax rates ranging from 19 to 29 percent over the last decade. (00:20)
- Kaine and his family donated 7.5 percent of their gross earnings to charity. (00:25)
- Donald Trump has yet to release his tax information, citing an ongoing IRS audit as the reason. (00:29)
- No laws would stop Trump from releasing his returns during an audit. (00:29)
- The Republican nominee could become the first major party presidential candidate since 1976 not to release returns. (00:29)

## Chapters
- [00:00 to 00:04] Clinton and Kaine release returns. The video opens by stating that both Democratic candidates have released their tax returns.
- [00:04 to 00:20] Clinton income, tax rate and charity. Details of the Clintons' 2015 income, effective federal tax rate and charitable giving are given.
- [00:20 to 00:29] Kaine tax rates and charitable giving. Kaine's tax rates over the last decade and his family's charitable donations are outlined.
- [00:29 to 00:48] Trump withholds returns citing audit. Trump's decision not to release returns, his stated reason and the historical context are explained.

## Key quotes
- [00:04] Narrator: "Clinton and her husband, former President Bill Clinton, reported a $10.6 million income for 2015,"
- [00:11] Narrator: "while paying an effective federal income tax rate of 34 percent"
- [00:20] Narrator: "Caine and his family reported tax rates ranging from 19 to 29 percent over the last decade,"
- [00:29] Narrator: "However, there are no laws that would stop Trump from releasing returns during an audit."

## Questions this video answers
- How much income did Hillary and Bill Clinton report for 2015? [00:04]
- What effective federal income tax rate did the Clintons pay? [00:11]
- How much of their income did the Clintons give to charity? [00:15]
- What tax rates and charitable giving did Tim Kaine and his family report? [00:20]
- Why has Donald Trump not released his tax returns? [00:29]
- Does any law prevent Trump from releasing returns during an audit? [00:29]

## Content suitability
- politics [00:00-00:48]: Covers presidential campaign tax disclosures and contrasts the Democratic candidates with Republican nominee Donald Trump.


by 

[Ben Geier/Fortune](https://time.com/author/ben-geierfortune/)


## Ben Geier/Fortune


Aug 12, 2016 5:10 PM UTC

Hillary Clinton and Tim Kaine have both released their tax returns. 

by 

[Ben Geier/Fortune](https://time.com/author/ben-geierfortune/)


## Ben Geier/Fortune


Aug 12, 2016 5:10 PM UTC

Hillary Clinton [released her 2015 tax returns Friday](http://time.com/4450445/clinton-releases-2015-tax-filing/?xid=homepage), shedding light on her financial situation and putting even more pressure on her Republican opponent, [Donald Trump](http://time.com/4447985/inside-donald-trump-meltdown/?xid=homepage&pcd=hp-magmod), to release his own tax returns.

In 2015, Clinton paid a federal tax rate of 34.2% and a New York state rate of 9% for a total effective tax rate of 43.2%. Her tax rate has been above 40% every year since she left the state department in 2013.

Clinton and her husband, Bill, claimed a total income of $10,745,378 in 2015, and paid federal taxes of $3,624,455.

Her vice presidential running mate, Tim Kaine, also released his tax returns Friday for the years 2006-2015\. Kaine and his wife, Anne Holton, paid a federal tax rate of 20.3% and a state tax rate of 5.4% in 2015, for a total of 25.6%. They earned $313,441, and paid $63,626 in federal income taxes.

Clinton had already released her tax returns for the years 2001-2014.

Trump has so far refused to release his tax returns, claiming he can’t do it while he’s under audit by the IRS. Some have theorized—including the [New York](http://www.nytimes.com/2016/08/12/business/how-much-does-donald-trump-pay-in-taxes-it-could-be-zero.html)[ _Times_](http://www.nytimes.com/2016/08/12/business/how-much-does-donald-trump-pay-in-taxes-it-could-be-zero.html)_’_ James B. Stewart Friday—that his refusal could be because Trump doesn’t actually pay any taxes.

But that’s not uncommon for real estate developers, who have [a number of ways to avoid taxes](http://fortune.com/2016/08/05/5-things-you-need-to-know-about-donald-trumps-tax-returns/), via legitimate deductions that aren’t available to people who work for a company.

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