When one is running for president, it’s common place to release years of tax returns to the public. The release can either hurt or help depending on what is in the official documents, and in Hillary Clinton’s case, the Republicans aren’t too happy.
As Time pointed on on July 31, Clinton released seven years of tax returns, covering 2007-2014, in addition to a medical report. The medical report shows that Clinton is fit for the presidency, debunking multiple right-wing conspiracies that she would not be healthy enough for office. According to the tax returns, the Clintons paid an average tax rate of 35.6 percent.
Since 2007, the Clintons have paid $43.8 million in taxes, on pace with what was in Jeb Bush’s tax release earlier this year. Where Clinton and Bush don’t match up is in charitable giving. The tax returns show that the Clintons gave more than 10 percent of their income to charity, more than three times the amount given by Bush, was averaged 3.1 percent in donations over the last seven years.
Many on the political left, as well as Republicans have continued to label Clinton as an out of touch politician who has been in Washington too long. Reports of both Hillary and Bill Clinton receiving large pay days have helped shape the view of many that the former president and Secretary of State can’t relate to low and middle income voters. Since January 2014, the Clintons have earned over $30 million in speaking fees. Clinton’s 35.7 percent tax rate is more than double of what Mitt Romney paid, 14.1 percent, when he disclosed his tax returns in 2012, and more than the 19.6 percent that President Obama paid last year. Hillary Clinton is currently holding a sizable lead in the Democratic primary, with Independent Sen. Bernie Sanders polling a distant second.