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hal wrote:
[quote=Speedy]The Clintons’ federal taxes in 2015 amounted to 34.2 percent of their income, and their combined federal, state and local taxes were 43.2 percent. They donated 9.8 percent of their adjusted gross income to charity.
I have no doubt that the Clintons would have paid MUCH less in taxes if not for the fact that they knew their returns would be under a microscope during the campaign. I'm sure they mapped out the finances years ago to look good in 2016.
I doubt it. I don't think that riches have ever been their endgame. Neither comes from money.
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hal wrote:
[quote=Speedy]The Clintons’ federal taxes in 2015 amounted to 34.2 percent of their income, and their combined federal, state and local taxes were 43.2 percent. They donated 9.8 percent of their adjusted gross income to charity.
I have no doubt that the Clintons would have paid MUCH less in taxes if not for the fact that they knew their returns would be under a microscope during the campaign. I'm sure they mapped out the finances years ago to look good in 2016.
The question is what methods would they have employed to pay "much" less taxes? The implication is that they would have employed nefarious methods. I see no evidence that would generate "no doubts." Warren Buffet and Michael Bloomberg offered to show off their taxes in a challenge to Trump too. If there were legal ways for the Clintons to reduce their taxes legally, then I'm sure they would have employed them. Why wouldn't they?
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hal wrote:
[quote=vision63]The question is what methods would they have employed to pay "much" less taxes? The implication is that they would have employed nefarious methods. I see no evidence that would generate "no doubts." Warren Buffet and Michael Bloomberg offered to show off their taxes in a challenge to Trump too. If there were legal ways for the Clintons to reduce their taxes legally, then I'm sure they would have employed them. Why wouldn't they?
Because making $10M and paying 7% overall taxes would look horrible to the avg person. YES, I'm a cynic. I believe that the Clintons have done everything in their power in the last several years to make Hilary an electable person in 2016. There is nothing nefarious about NOT taking deductions that you are legally able to take.
Exactly. Nothing to be ashamed of by abiding by the law. Taking whatever deductions that you're due. Doing so shouldn't even be questioned.
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The Clintons have released their returns since 1977. Those from most of the last ten years are on her website.