Friday, 12 August 2016

Hillary Clinton finally releases her tax returns

Donald Trump has been accused of not showing his tax returns.

His rival Hillary Clinton has beat to the curb by releasing her own tax returns.

 Daily-mail reports that the Clinton campaign released Hillary and Bill Clinton's 2015 tax returns. From the report, they both made less money in 2015 but made about $11m and paid taxes of about 43.2 percent.

Kaine and his wife Anne Holton brought in $313,441 in 2015 and paid a tax rate of 25.6 percent.

The Clintons donated 9.8 percent of their income to charity, while the Kaines donated 7.5 percent.  

These new releases were an effort to shame Donald Trump into releasing his own returns. 
In a statement to reporters Clinton's communications director Jennifer Palmieri patted Clinton and Kaine on the back for setting the standard for financial transparency. 

'In stark contrast, Donald Trump is hiding behind fake excuses and backtracking on his previous promises to release his tax returns,' Palmieri said.  'He has failed to provide the public with the most basic financial information disclosed by every major candidate in the last 40 years. What is he trying to hide?' 

The campaign also released an attack ad earlier today criticizing Trump for not releasing his returns.  
While presidential candidates aren't mandated to release their returns, it's become an expected rite of passage if you're a major party nominee.

But so far, with Trump being an unconventional candidate, he's bucked this tradition.
Before today Clinton had released eight years of tax returns last July, three months into her presidential bid.


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