Hillary Clinton, Tim Kaine Release Tax Returns To Pressure Donald Trump
The Democratic presidential nominee revealed on Friday that she paid a 34 percent effective tax rate previous year, after taking into account deductions and other claims.
The Republican presidential nominee has said he’s facing an IRS audit and won’t make his returns public until it’s done.
Hillary ClintonHillary Rodham ClintonGiuliani defends Trump for saying Obama “founded ISIS” Giuliani defends “Second Amendment” comments in heated CNN exchange Rasmussen: Clinton up by 3 over Trump MORE and her running mate Sen.
“Hillary Clinton and Tim Kaine continue to set the standard for financial transparency”, said a Clinton campaign spokeswoman, who called on Trump to do the same. “What is he trying to hide?”. It has fueled rampant speculation about just how rich he is, how much he earns, the percentage of income he remits to Uncle Sam and the extent of his contributions to charity. “I have to tell you, the connection that Donald Trump has made to people all across this country from every background is incredible to behold at these rallies”. He then said there was no way people would be able to stop a President Clinton from stacking the Supreme Court with anti-gun justices, before adding, “Although the Second Amendment people, maybe there is – I don’t know”.
Asked in a television interview in May what tax rate he pays, Trump replied “It’s none of your business”. Others have suggested that the tax documents would reveal business interests that could be problematic if he were elected.
“Every single one of these incidents shows us that Donald Trump simply does not have the temperament to be president and commander in chief of the United States”.
Workers’ anxiety over trade deals has become a central theme in the 2016 election, and Clinton rejected the portrait Trump has painted that she only pretends not to favor the Trans-Pacific Partnership, a deal she praised when she was secretary of state from 2009-2013 but has more recently opposed.
Trump and his lawyers have cited an audit by the Internal Revenue Service as a reason for his refusal to release his returns. For three other years – 1978, 1979 and 1984 – records show Trump paid no income taxes.
Trump, a real estate developer with a fortune estimated to be in billions, has refused to release his.
The Clintons, for their part, paid an effective federal tax rate of 35 per cent in 2015, a slightly higher figure than the 31.55 per cent they paid from 2007 to 2014. They gave more than $1,042,000 to charity, with $1 million going to the Clinton family foundation.