Over 96% of Clintons' 2015 charity donations paid to their own org.
US Democratic presidential nominee Hillary Clinton and her husband former President Bill Clinton have paid 96 percent of their charity donations in 2015 to their own foundation, their tax records reveal.
The Clintons’ joint tax returns released on Saturday further showed that their annual income in 2015 dropped drastically to just over $10 million from the $28 million income they reported in 2014, attributing the cut to Hillary Clinton’s presidential bid.
According to the tax records, the Clintons reported $1,042,000 in charitable donations in 2015, of which $1 million went to their own Clinton Family Foundation, a separate endeavor from the Clinton Foundation. Only 4 percent of their contributions went to other charities.
Speaking fees continued to make up nearly two-thirds of the Clintons’ annual income in 2015, but dropped to $6.7 million from almost $20 million in the previous year.
Clinton and her running mate, Virginia Senator Tim Kaine, released their tax returns in an effort to pressure their Republican rival, Donald Trump, into following suit though he has so far refused to do so.
The Clintons took in $3.1 million from their books, while Bill Clinton’s consulting business brought in nearly $1.7 million. Documents further reveal that the Clintons paid $3.24 million in federal income taxes in 2015, with their total federal and state tax burden amounting to 43.2 percent – down from 45.8 percent in 2014.
The presidential hopeful famously stated in a televised interview with ABC News in 2014 that she and her husband “came out of the White House not only dead broke, but in debt.”
The former first lady then moved to the US Senate, where she represented state of New York. In 2009, she was picked as secretary of state in the Obama administration.
Following her resignation from the State Department in February 2013, Clinton went on the speaking circuit, charging $225,000 or more per appearance. Among the hosting organizations named in the documents were the National Association of Chain Drug Stores, Institute of Scrap Recycling Industries, and the International Deli-Dairy Bakery Association, but the former top diplomat also gave three speeches to investment giant Goldman Sachs.
Clinton, however, has refused to release the transcripts of her speeches.
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