Democratic presidential nominee Hillary Clinton and her husband, former president Bill Clinton, earned $10.7 million last year, according to tax documents released Friday along with a trove of other records intended to pressure Republican Donald Trump to do the same.

The Clintons paid $3.6 million in federal income taxes in 2015, the year Hillary Clinton began her second presidential campaign. The couple gave $1.4 million to charity – the majority of that to their own family foundation.

Clinton has repeatedly called on Trump to release his tax returns, trying to sow doubt about the businessman’s honesty and civic participation. With the release of her 2015 return, as well as an accounting of nearly $23 million in speaking fees earned in 2013 and other financial and health information, Clinton sought to cast herself as forthcoming and honest, two attributes that many voters say they find lacking in her.

The Clinton campaign noted that nearly 40 years’ worth of tax returns for the couple are now in the public domain.

The campaign also released 10 years’ worth of returns for her running mate, Sen. Tim Kaine (Virginia), and his wife, Anne Holton.

“Hillary Clinton and Tim Kaine continue to set the standard for financial transparency as she releases her 2015 personal tax return,” Clinton communications director Jennifer Palmieri said Friday.


“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?”


But Clinton’s disclosure brings her some unwanted attention, too, notably to her eight-figure household income. The tax documents highlight the fact that Clinton’s wealth dwarfs that of the working families whose interests she is promising to champion, as recently as in a speech in the Detroit area Thursday, when she accused Trump of being interested in helping “only millionaires like himself.”

Most of the nearly $11 million the Clintons earned in 2015 came from speaking fees for appearances that included addresses to corporate and Wall Street interests.

Although the fees were previously reported in tax returns and financial disclosure forms, the campaign made a point Friday of including a list broken down by the names of the companies and organizations she addressed.

The disclosures are sure to irk liberal voters for whom Hillary Clinton’s ties to powerful corporate and banking interests are cause for suspicion.


At the same time, the lists also give Clinton a peg for her argument that she has nothing to hide. Earlier Friday, her campaign released a video tweaking Trump over his taxes; it included old clips of the Republican nominee saying that such releases are expected of a presidential candidate.

Trump has said he cannot release his returns because of an ongoing audit.

A Washington Post-ABC News poll in May found that 64 percent of Americans said Trump should release his taxes, including 54 percent who felt “strongly” that he should do so.

More than 4 in 10 Republicans said Trump should do so, as did nearly 6 in 10 independents.


Both Clintons listed their occupations as “speaking and writing.” Hillary Clinton launched her presidential campaign in April 2015, and she stopped giving paid speeches then. She reported receiving $1.4 million in speaking income for the year. She also received income from book royalties, chiefly from her 2014 State Department memoir, “Hard Choices.”


Bill Clinton was the majority breadwinner for the couple in 2015, with income above $6 million. He reported earning more than $1 million in 2015 from Laureate Education, a for-profit university system. He had been paid more than $16 million to serve as the school’s chancellor over five years but ended the relationship under pressure after his wife launched her campaign.

College affordability is a major policy plank for Clinton, and she frequently criticizes for-profit institutions, which she says can saddle students with debt without preparing them for jobs.

Bill Clinton also earned $562,000 heading the charity arm of GEMS Education, which runs schools in the Middle East and Africa that have drawn criticism from conservatives because they teach components of the Islamic legal system known as sharia.

The new documents show that the Clintons would qualify for as much as $1.5 million in tax savings under the “Trump loophole” that Hillary Clinton derided this week – part of Trump’s tax proposal that she said is designed to benefit only the very wealthy, including Trump.

The proposal would tax “pass-through entities,” such as limited-liability companies, at a flat rate of 15 percent. Currently, profits from those entities are taxed as individual income for their owners, up to a top rate of 39.6 percent. This matters for Trump because about 200 of the companies in his business empire are pass-throughs, which led to Clinton’s criticism of the plan.

But the plan would also greatly benefit the Clintons, because they earned almost all of their money through pass-throughs in 2015. Their speech, book-writing and consulting fees were earned entirely through pass-throughs. They reported $10,168,272 in income from pass-throughs, compared with only $100 in wages and $577,000 from other sources.


Taxed at 39.6 percent, and after factoring out deductions, the Clintons appear to have paid more than $3 million in federal income tax on their pass-through income in 2015. If Trump’s plan had been in effect, and that income had been taxed at 15 percent (with no deductions), the Clintons’ tax bill would have fallen to $1.5 million.

The Clintons paid an effective federal income tax rate of 34.2 percent in 2015, according to the campaign. They paid an effective state and local income tax rate of 9 percent, meaning their combined effective rate was more than 40 percent.


In addition, the Clintons donated 9.8 percent of their adjusted gross income to charity, the campaign reported. Nearly all the Clintons’ charitable contributions went to the Clinton Family Foundation, which is separate from their better-known public philanthropy, the Bill, Hillary, and Chelsea Clinton Foundation.

Through the Clinton Family Foundation, a campaign official said Friday, the Clintons have made contributions to New York Public Radio, the American Nurses Foundation, the Wildlife Conservation Society, major universities and other nonprofit organizations.

The 2013 speech income, included in a batch of documents the Clinton campaign sent to reporters Friday, showed that she gave 41 addresses for fees ranging from $225,000 to $400,000 that year. All told, she earned roughly $9.7 million in speaking fees that year, her first outside government since she was elected to the Senate in 2000.


Bill Clinton, meanwhile, earned roughly $13.2 million in speaking fees in 2013. He delivered 43 speeches, for which he was paid fees ranging from $100,000 to $750,000.

In May, financial disclosure forms revealed that the Clintons had earned more than $25 million for delivering 104 speeches since the beginning of 2014, a huge infusion to their net worth as she was readying for her presidential bid. Hillary Clinton delivered 51 speeches in 2014 and the first three months of 2015, earning more than $11 million. Her fees varied, but she earned as much as $315,000 for speaking to eBay in San Jose on March 11; she also collected $325,000 for speaking to the technology company Cisco in Las Vegas in August 2015.

During the decade or so that Clinton served as a U.S. senator and then secretary of state, she reported that her husband made $105 million for delivering more than 540 speeches. Bill Clinton’s fees rose over time. In 2012, her last year at the State Department, he earned more than $16.3 million for 72 speeches.

Kaine and his wife released 10 years of returns, showing that they had an effective federal tax rate ranging between 13.4 percent and 24 percent over that span. In 2015, Kaine and Holton reported $313,441 in total income, the vast majority of that coming from their respective salaries, Kaine as a U.S. senator and Holton as Virginia’s secretary of education.

Over the 10-year span, the two reported total annual income ranging between $156,967 and $314,398. During each of the 10 years, they gave a minimum of $11,209 to charity, with the amount exceeding $20,000 in four of those years.

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