Clintons made $10.6 million in 2015, paid federal rate of 34%
Their 2015 income was a little more than a third of what it was the year before and about half of their haul in 2007, the last full year in which Hillary Clinton was running for president. The Republican nominee has refused to make his 2015 tax data public. The Clintons made about 90 times more, reporting almost $28 million for the same year.
“No such meeting or conversation ever happened”, Trump wrote on Twitter, accusing CNN of having made up the report.
“If she gets to pick her judges, nothing you can do folks”, Trump told a North Carolina campaign rally on Tuesday.
Clinton’s campaign also released 10 years of returns from running mate Tim Kaine and his wife, Anne Holton.
Trump and his lawyer have said the IRS is auditing his returns, so he can’t or won’t release them, although there is no legal prohibition on releasing returns that are being audited.
The video above shows the GOP presidential candidate flip-flopping on everything from the Iraq War to minimum wage ― and even the abilities of his Democratic rival Hillary Clinton.
Federal tax rates have become an issue in the presidential election.
The Kaines between 2006 and 2015 paid a combined federal, state and local effective tax rate between 18.7 percent and 29.1 percent. The campaign did not respond to messages. But her substantial wealth has caused headaches.
Clinton’s tax filings indicate she made $3 million in book sales and made more than $1.1 million in profits from speeches.
The Clintons have been criticized for collecting what are perceived as exorbitant fees related to public speaking events.
“Donald Trump is hiding behind fake excuses and backtracking on his previous promises to release his tax returns”, Clinton campaign spokeswoman Jennifer Palmieri said.
Clinton’s campaign has released tax returns going back to 2007. She commanded her highest rate from EBay, which paid her $315,000 for a March 2015 address in San Jose. Clinton has endorsed a rule named after billionaire investor Warren Buffett that would ensure those making more than $1 million a year pay a tax rate of at least 30 percent. Several students enrolled in some of the schools have sued the company.
Bill Clinton’s office previously said he had ended his consulting work with Laureate a year ago. On Friday, his office confirmed that Clinton also halted his business dealings with GEMS Education a year ago. His office said he had “engaged with GEMS students and faculty around the world and assisted the Varkey GEMS Foundation in its efforts to increase access to education to underprivileged children”.