Why Do We Care About Hillary Clinton and Donald Trump’s Taxes
DOMENICO MONTANARO : NPR
Politics • August 2016 • Views: 1,307
Clinton and her husband, former President Bill Clinton, have already released tax returns dating to the 1970s given their long history in public life. The Clintons, in June of last year, released the previous eight years of returns. Here’s some of what we found out from those, as reported by NPR’s Scott Horsley:
- Income: The Clintons "earned $139 million since 2007. They paid nearly $44 million in federal taxes during that period." Much of that income came from paid speeches.
- Tax rate: The couple's effective federal tax rate ranged from 25 percent in 2007 to 36 percent last year. (The average American pays about 10 percent in tax. The wealthiest pay about 25 percent.)
- Charity: "The Clintons ... gave between 8 and 15 percent to charity" (mostly through the Clinton Family Foundation).
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