Hillary Clinton released her 2015 tax returns Friday, shedding light on her financial situation and putting even more pressure on her Republican opponent, Donald Trump, 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 Times’ 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, via legitimate deductions that aren’t available to people who work for a company.
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