Clinton and Kaine Had No Tax-Exempt Bond Holdings

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WASHINGTON – Democratic presidential nominee Hillary Clinton and her husband Bill released their 2015 tax return on Friday showing they paid an effective federal income tax rate of 34.2% on $10.59 million of adjusted grow income.

They paid an effective state and local income tax rate of 9%, for a combined total effective 43.2% tax rate and donated 9.8% of their adjusted gross income to charity, according to campaign officials.

They did not report any tax-exempt bond holdings. Their primary investment appeared to be in a Vanguard 500 Index Fund ADM, on which they earned $84,358 in dividends for that year.

The Clintons have made their tax returns public for every year dating back to 1977, campaign officials said.

Clinton's running mate for vice president Tim Kaine and his wife Anne Holton released 10 years of tax returns, with the one for 2015 showing they paid an effective federal income tax rate of 20.3% and a state and local tax rate of 5.4%, for a combined rate of 25.6% on adjusted gross earnings of $313,441.

Their returns for the last 10 years also showed they had no tax-exempt bond holdings during that time.

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