![\"Democratic](\"https:\/\/stateofthenation2012.com\/wp-content\/uploads\/2016\/08\/Campaign_2016_Clinton.JPEG-0053a_c0-229-5472-3419_s885x516.jpg\")
<\/a>Democratic presidential candidate Hillary Clinton greets members of the audience after giving a speech on the economy after touring Futuramic Tool & Engineering, in Warren, Mich., Thursday, Aug. 11, 2016. (AP Photo\/Andrew Harnik)<\/p><\/div>\n
By Stephen Dinan<\/a><\/span> – The Washington Times<\/span><\/p>\n Hillary Clinton<\/a>\u2019s income took a huge hit as she ran for president last year, dropping to less than half of what she made the year before, according to tax returns her presidential campaign released Friday.<\/p>\n Mrs. Clinton<\/a> hoped the release would embarrass GOP presidential nominee Donald Trump<\/a>, who has refused to release any of his, while also shining a light on the high rate she and her husband paid in their own taxes.<\/p>\n The power couple reported earning $10.7 million in income in 2015, and claimed a tax liability of $3.6 million.<\/p>\n It\u2019s a major drop in income from the more than $28 million they earned in 2014 and $27 million in 2013 \u2014 the two years after Mrs. Clinton<\/a> left the State Department, but before she was running for president.<\/p>\n The Clintons\u2019 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.<\/p>\n \u201cHillary Clinton<\/a> and Tim Kaine continue to set the standard for financial transparency as she releases her 2015 personal tax return and builds on the Clintons\u2019 tradition of making their returns public since 1977 and Kaine releases 10 years of his returns,\u201d Jennifer Palmieri, the Clinton campaign communications director, said.<\/p>\n The Clintons have now released tax returns showing their income going back to 1977, and have the last nine years of returns currently posted on Mrs. Clinton<\/a>\u2019s campaign website, dating back to 2007, when Mrs. Clinton<\/a> was still in the Senate.<\/p>\n All told, the couple earned $151.5 million over the last nine years, and some $238 million since they left the White House in 2001.<\/p>\n Mrs. Clinton<\/a> has famously described herself as \u201cdead broke\u201d when they left the White House, saying they were in debt.<\/p>\n \u201cWe had no money when we got there, and we struggled to piece together the resources for mortgages for houses, for Chelsea\u2019s education. It was not easy. Bill has worked really hard. And it\u2019s been amazing to me. He\u2019s worked very hard.\u201d<\/p>\n<\/div>\n Ms. Palmieri said Mr. Trump<\/a>, meanwhile, \u201cis hiding behind fake excuses\u201d in refusing to release his own information.<\/p>\n Mr. Trump<\/a> has said he\u2019s being audited by the IRS, and said it doesn\u2019t make sense to release his returns in the middle of that audit.<\/p>\n Analysts and political opponents have challenged that explanation, with fellow billionaire Warren Buffett saying he, too, is being audited, but saying he\u2019d release his returns if Mr. Trump<\/a> did as well.<\/p>\n Also releasing a decade\u2019s worth of tax returns Friday is Sen. Tim Kaine, Mrs. Clinton<\/a>\u2019s running mate.<\/p>\n He and his wife, Anne Holton, reported $313,441 in total income, and owed $63,626 in federal taxes. That gave them an effective tax rate of 20.3 percent. They have paid as little as 13.4 percent toward federal taxes, in 2009, and as high as 24 percent, in 2011.<\/p>\n