At the time, Forbes reported:
…for tax year 2014, The New York Times paid no taxes and got an income tax refund of $3.5 million even though they had a pre-tax profit of $29.9 million in 2014. In other words, their post-tax profit was higher than their pre-tax profit. The explanation in their 2014 annual report is, “The effective tax rate for 2014 was favorably affected by approximately $21.1 million for the reversal of reserves for uncertain tax positions due to the lapse of applicable statutes of limitations.” If you don’t think it took fancy accountants and tax lawyers to make that happen, read the statement again.
There’s no word yet on whether or not Hillary and Bill Clinton pay more in Federal Income taxes than they are required to by law.
Also, when Hillary released her returns, it was pointed out by maybe two people in the media that a large percentage of her charitable donations – I believe most of the donations she made – went to her own charity. And her charity uses something like $.70 per dollar on administrative fees. So Hillary got tax deductions for donating money to herself. Instead of most of the media running with that, they chose instead to swoon over how charitable she is.