Hillary Clinton Releases Tax Returns
After weeks of pressuring Republican presidential nominee Donald Trump to reveal his tax returns, Hillary Clinton released her income tax returns on Friday.
The documents show that she and husband, former President Bill Clinton paid approximately one third of their income to Uncle Sam.
According to CNN, in 2015, the Clintons raked in around $10.6 million and paid $3.24 million in federal income taxes.
The former secretary of state has appeased the Buffet Rule, a law that she’d like to impose if elected. The rule states that anyone with an income over $1 million has to pay a minimum of 30% of their income in taxes.
Their income tax burden are was 30.6% which is on par with their 32% effective rate in 2014.
Both husband and wife primarily earn their income by writing books and speaking engagements. The pair made close to $3.1 million on various books and garnered $6.7 in speaking fees, which is $20 million less than what they made the previous year.
Along with an entitled pension of $200,000 a year as former U.S. President, Bill’s independent consultant business brought in a whopping $1.7 million.
In addition to claiming $109,000 in interest and dividends and $3,000 in capital loses from previous years, the Clinton’s gave $1 million to their private Clinton Family Foundation.
This marks the 39th year the couple that the couple has released their tax returns to the public.
Despite the pressure Trump’s campaign has not indicated when or if, the billionaire will release his tax returns.