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Title: UPDATE 2-Clintons made $109 million since 2000, returns show
Source: http://www.reuters.com/
URL Source: http://www.reuters.com/article/mark ... /idUSN0430795120080404?sp=true
Published: Apr 4, 2008
Author: John Whitesides, Political Correspondent
Post Date: 2008-04-04 18:00:46 by robin
Keywords: None
Views: 107
Comments: 3

(Updates with details)

By John Whitesides, Political Correspondent

WASHINGTON, April 4 (Reuters) - Democrat Hillary Clinton and her husband, former President Bill Clinton, have made $109 million since 2000, including $51 million in speech income for Bill Clinton, according to eight years of tax information released on Friday.

The couple paid taxes of more than $33 million and gave more than $10 million to charity between 2000 -- their last year in the White House -- and 2007, tax records released by Hillary Clinton's presidential campaign showed.

Clinton, a New York senator, had been challenged by White House rival Barack Obama to release her tax returns as the two Democrats duel for the right to face Republican John McCain in November's election.

Obama made public his tax returns from 2000 to 2006 last week, renewing their battle over transparency. Campaign aides to Obama, an Illinois senator, had accused Clinton of being secretive and shielding documents from the public.

Presidential candidates often release their tax returns, although they are not required to do so. As senators, Obama and Clinton are both required only to file disclosure statements that give a wide range of income and provide few details on finances and holdings.

The Clinton's tax returns, released late on Friday afternoon, showed their income jumped from $350,000 in 2000, their final year in the White House, to $16 million in 2001, their first year out of office.

Their biggest money-making years were 2004 and 2007, when they made $20 million in each year. The 2004 income included more than $15 million in business income primarily from Bill Clinton's speeches.

"The Clintons have now made public 30 years of tax returns, a record matched by few people in public service. None of Hillary Clinton's presidential opponents have revealed anything close to this amount of personal financial information," Clinton spokesman Jay Carson said.

The Clinton campaign has pushed Obama to release records from his days in the Illinois legislature and his earlier tax returns.

In addition to Bill Clinton's lucrative speeches, the couple made about $40 million in book income between 2000 and 2007. Hillary Clinton made $10 million from her book "Living History" and $190,000 from "It Takes a Village," released in 1996.

Bill Clinton made more than $23 million for his autobiography "My Life," including a $15 million advance. He earned $6.3 million for "Giving," released last year.

The couple paid $33.7 million in federal taxes since 2000, which was 31 percent of their adjusted gross income. The $10 million in charitable donations was 9.5 percent of their adjusted gross income.

The campaign said the most recent Internal Revenue Service information showed taxpayers who earned more than $10 million a year gave an average of 3.1 percent of their income to charity.

In addition to seven years of tax returns, the Clintons released a summary of their 2007 finances based on estimates by their tax attorney.

The campaign said they will seek an extension beyond the April 15 tax deadline so they can receive information related to partnership income, including from a blind trust. (Additional reporting by Ellen Wulfhorst, editing by David Alexander) (To read more about the U.S. political campaign, visit Reuters "Tales from the Trail: 2008" online at http:blogs.reuters.com/trail08/)

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#1. To: robin (#0)

Democrat Hillary Clinton and her husband, former President Bill Clinton, have made $109 million since 2000, including $51 million in speech income for Bill Clinton, according to eight years of tax information released on Friday.

Yet amazingly, the Clintons are "broke" and Hillary's campaign is insolvent and running out of money. LOL

Vitamin Z  posted on  2008-04-04   18:27:41 ET  Reply   Trace   Private Reply  


#2. To: Vitamin Z (#1)

Yet amazingly, the Clintons are "broke" and Hillary's campaign is insolvent and running out of money. LOL

I wonder how much they have stashed in Commie bastions of fascism with which they've sold us out to?

_______  posted on  2008-04-04   18:30:15 ET  Reply   Trace   Private Reply  


#3. To: Vitamin Z (#1)

Hillary's campaign is insolvent and running out of money.

And it's welshing on payments to various contractors.

To reason, indeed, he was not in the habit of attending. His mode of arguing, if it is to be so called, was one not uncommon among dull and stubborn persons, who are accustomed to be surrounded by their inferiors. He asserted a proposition; and, as often as wiser people ventured respectfully to show that it was erroneous, he asserted it again, in exactly the same words, and conceived that, by doing so, he at once disposed of all objections. - Macaulay, "History of England," Vol. 1, Chapter 6, on James II.

aristeides  posted on  2008-04-04   18:32:52 ET  Reply   Trace   Private Reply  


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