Clinton tax returns show millions made in speaking and consultation fees

It is customary for US presidential candidates to make their tax returns public, although they are not required by law to do so.

She put out her most recent eight years of tax filings last summer, along with her health records.

Daniel Shaviro, professor of New York University Law School, told National Public Radio that Trump's lawyer may have advised him not to release the returns until the audit is over.

Departing from 40 years of tradition for presidential candidates, Trump has so far refused to release any of his tax returns for public inspection. The Clintons paid $43.9 million in federal taxes over those years - an average tax rate that works out to 31.6 percent.

Democratic presidential nominee and former Secretary of State Hillary Clinton and her husband, former US president Bill Clinton, greet supporters.

Her running mate Tim Kaine, along with his wife Anne Holton, paid a rate of 20.3 per cent, his returns show.

Given the expansive web of tax breaks available to real estate developers, tax experts say it would not be surprising if Trump paid little or no income taxes in the other 33 years during this time span, even as he amassed billions of dollars in wealth.

Democratic presidential candidate Hillary Clinton gives a speech on the economy after touring Futuramic Tool & Engineering, in Warren, Mich., Thursday, Aug. 11, 2016.

'He refuses to do what every other presidential candidate in decades has done and release his tax returns, ' she told the crowd.

As controversial statements continued to roll off his tongue last week, a growing number of Americans have become increasingly embarrassed, if not downright alarmed, by the prospect of a President Trump.

At a Clinton rally last week in Omaha, Nebraska, Buffett, whose Berkshire Hathaway conglomerate is based there, challenged Trump to meet and exchange tax returns. While the Clinton/Kaine campaign has been fairly open about the personal finances of both Clinton and Kaine, Republican nominee Donald Trump has been very reluctant to follow their example by releasing his 2015 tax return.

This marks the 39th year the couple that the couple has released their tax returns to the public. But given his frequent refusals and the possibility that the release of his tax return would reveal things Trump would rather we didn't know, it seems unlikely he will release this document anytime soon.

Hillary Clinton's income tax return is, in fact, remarkably innocuous.

The couple also generated income from book sales and Bill Clinton's consulting business.



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