Clintons say they paid nearly $44m in taxes since 2007

Democratic presidential candidate Hillary Clinton, in releasing eight years of tax records, said on Friday that she and her husband, former President Bill Clinton, have paid nearly $44 million in federal taxes since 2007.

In a statement accompanying her tax records, Ms Clinton said she and her husband paid an effective federal tax rate of 35.7 percent last year and that the rate went up to 45.8 percent when state and local taxes were figured in.

Ms Clinton, the front-runner in the race for the Democratic presidential nomination in 2016, released her family’s tax returns from 2007 to 2014. She said they paid $43,885,310 in federal taxes and made $14,959,450 in charitable contributions.

Reuters