Following Sen. Barack Obama's lead, Hillary and Bill Clinton just released seven years of tax returns from 2000 to 2006. In addition to her rival, watchdog groups have been calling for Clinton to make the returns public.
The campaign's summary notes they have earned nearly $110 million over that period and including the estimate for 2007.
TAXES PAID: $33,783,507The Clintons paid $33,783,507 in federal taxes - 31% of their adjusted gross income. According to the most recent data available from the IRS, in 2005 taxpayers earning $10,000,000 or more paid on average 20.8% of their adjusted gross income in taxes.
CHARITABLE CONTRIBUTIONS: $10,256,741
The Clintons donated $10,256,741 to charity - 9.5% of their adjusted gross income. According to the most recent data available from the IRS, in 2005 taxpayers earning $10,000,000 or more contributed 3.1% of their adjusted gross income in cash contributions to charity. Information about the Clinton Family Foundation, including a list of charities to which the Clintons contributed through the Foundation, is available online in the Foundation's publicly available tax returns (www.foundationcenter.org).
AFTER TAX EARNINGS: $57,157,297
CUMULATIVE TOTAL(GROSS) INCOME: $109,175,175
Including, among other items:
Senator Clinton's Senate Salary: $1,051,606
President Clinton's Presidential Pension: $1,217,250
Senator Clinton's Book Income: $10,457,083
President Clinton's Book Income: $29,580,525
President Clinton's Speech Income: $51,855,599SENATOR CLINTON'S BOOK INCOME: $10,457,083
Senator Clinton's book income is comprised of earnings for Living History ($10,267,895), including an $8,000,000 advance, and It Takes a Village ($189,188). The earnings for It Takes a Village were donated to charity. Since the release of It Takes a Village in 1996, Senator Clinton has donated over $1,100,000 to charity.
PRESIDENT CLINTON'S BOOK INCOME: $29,580,525
President Clinton's book income is comprised of earnings for My Life ($23,280,525), including a $15,000,000 advance, and Giving ($6,300,000). The President donated $1,000,000 of his income from Giving in 2007 to charity.
PRESIDENT CLINTON'S SPEECH INCOME: $51,855,599
NOTE: The figures in this summary include 2007 estimates.
You can download the returns here.
Here is the AP write-up.
— Christina Bellantoni, national political reporter, The Washington Times
Comments (4)
The Clintons is worthy of every penny they have earned. During his Presidency the nation was not in turmoil. good luck to the Clintons. I hope Senator wins the nomination.
Posted by ophelia ann | April 4, 2008 9:58 PM
P.T. Barnum had absolutely nothing on the Clintons and he was certainly on target with his observation about suckers, how many have the Clintons lured in? Less than a decade ago they were broke, millions of dollars in debt, Bill, for all practical purposes was impeached, he was disbarred and brought disgrace and shame to his family, the office of the presidency and his country, yet people still want to hear what he thinks he has to say and read what they already know about him. At times I think Americans deserved the Clintons.
Posted by Nuclear Midnight | April 5, 2008 2:26 AM
This is pay-off time for Clintons.
The benefactors have a way of paying their dues in a secretive way. You can not pay the President while in the office(too obvious), but they have a secret deal to pay him after he leaves office as Speaker fees, Donation to his Library and indirect way such as Wal-Mart consultancy fees or even investment tips and Book-deals.
So this Rich Hillary is caring for the poor and wants to appoint Poverty Czar?
She will do and say anything to get elected.
May be we need a cunning, dishonest President this time.
Posted by aalamaram | April 5, 2008 5:27 PM
During Sam Walton's time at Walmart, they had a strict Buy American policy. It was his son that led the charge toward outsourcing to China after China joined the WTO, at which time Hillary Clinton was no longer on their board. It's ironic that she allows herself to be attacked for supporting WalMart's outsourcing policies when this wasn't even WalMart's policy when she was serving on their board. Or else it shows she didn't realize this was their policy, which does not speak well of her having been a knowledgeable director.
Posted by George Robertson | April 5, 2008 7:05 PM