Friday, August 12, 2016

Clintons earned $10.75 million in 2015, paid 34.2 percent federal tax rate

By Amanda Becker and Susan Heavey, Aug. 12, 2016, Reuters

(Reuters) - Hillary Clinton on Friday released her 2015 tax returns, which showed the Democratic presidential nominee and her husband had $10.75 million in income that year and paid an effective federal tax rate of 34.2 percent.

In 2015, the Clintons made $1 million in charitable contributions, mostly to the Clinton Foundation; former President Bill Clinton brought in nearly $5.3 million in speaking fees; and the former secretary of state reported income of $3 million from publisher Simon & Schuster for her book on her tenure at the State Department.

Clinton's running mate, U.S. Senator Tim Kaine of Virginia, along with his wife, Anne Holton, released 10 years of tax returns. They paid an effective federal tax rate of 20.3 percent in 2015.

More: www.reuters.com

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