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Trump the Lone Holdout as Pence Releases Tax Returns

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Republican presidential nominee Donald Trump and his running mate Indiana Governor Mike Pence speak to reporters aboard Trump's plane as they travel between campaign stops in Ohio on September 5. Mike Segar/Reuters

Donald Trump stands alone as the only major party nominee for president or vice president who has not released tax returns.

Republican vice presidential nominee Mike Pence released 10 years worth of tax returns as promised Friday, which followed disclosures earlier this summer by Democratic presidential nominee Hillary Clinton and vice presidential nominee Tim Kaine. Trump continues to cite ongoing audits as his reason for refusing to release his returns, which all nominees for 40 years have disclosed.

Pence's disclosure reveals him to be the least wealthy among the four major party nominees. The Indiana governor and his wife, Karen, reported gross income of $113,026 in 2015 and paid federal taxes of $8,956 for an effective tax rate of 7.9 percent, according to Politico. The couple earned at least six figures in each of the 10 years of documents released, with their highest earnings, $187,000, coming in 2009 and 2010, according to CNN.

"These tax returns clearly show that Mike and Karen Pence have paid their taxes, supported worthy causes and, unlike the Clintons, the Pences have not profited from their years in public service," Pence spokesman Marc Lotter said in a statement.

The Clinton camp sought to shift the focus back on Trump. "We're pleased to see that one member of the Trump ticket has decided to meet the long-held threshold for disclosure in a modern day presidential campaign," Clinton campaign spokeswoman Christina Reynolds told Politico. "But it's Donald Trump—who just this week attacked America's generals and showered praise on Russia's authoritarian leader—running to be our next president. Trump has continued to hide behind fake excuses to avoid coming clean with the American people, thumbing his nose at a basic level of transparency practiced by every major party nominee since 1976."

The Pences contributed $8,923 to charities in 2015. The couple reported more than $15,000 in itemized deductions, with more than half coming from their contributions and the balance attributable to their state and local income and property taxes.

His VP opponent, Kaine, and his wife reported $313,441 in income in 2015 and paid nearly 63,000 in federal taxes for an effective tax rate of 20 percent. Clinton and her husband, former president Bill Clinton, reported $10.75 million in income in 2015 and paid an effective federal tax rate of 34.2 percent.

Trump has long claimed to be worth $10 billion although many have doubted that figure. Recent annual salaries, tax bills and charitable contributions are a guess, as the former casino magnate, developer and reality TV host has cited audits to justify keeping his tax returns private, although there is no legal restriction on releasing them while they're being reviewed. While he has promised to release them when the IRS completes its work, it's possible that would happen after the presidential election.

Trump the Lone Holdout as Pence Releases Tax Returns | U.S.