Sen. Hillary Rodham Clinton and former President Clinton reported $20.4 million in income for 2007 and more than $109 million since 2000 as they gave the public the most detailed look at their finances in eight years. Almost half the former first couple’s money came from his speeches.
The campaign released tax returns from 2000 through 2006 and gave highlights from their 2007 return. The Clintons have asked for an extension for filing their 2007 tax returns, citing the dissolution of a blind trust last year.
The Democratic presidential candidate and her husband paid $33.8 million in taxes from 2000 through 2007. They listed $10.25 million in charitable contributions during that period.
Clinton has been under pressure to release her tax returns, especially from rival Sen. Barack Obama, who posted his 2000 to 2006 returns on his campaign Web site last week. Neither Obama nor Republican Sen. John McCain have made their 2007 tax returns public, though both say they will this month.
The Clintons last made their returns public in 2000 when they reported an adjusted gross income of $416,039. Since then, the former president has embarked on a number of business ventures and has made millions from speaking engagements.
According to a summary of the seven years provided by the campaign, the former president’s speech income since he left the White House totals $51.85 million and his income from his two books — “My Life ” and “Giving” — totals $29.6 million. Bill Clinton has traveled the world, giving paid speeches to multinational corporations, investment banks and motivational groups.
Hillary Clinton had $10.5 million in book income over the period from her book “Living History.” She donated earnings from her other book, “It Takes a Village,” to charity.
Clinton’s tax returns show that of the remaining presidential candidates, she is the one most able to access large amounts of personal money. She lent her campaign $5 million in late February and could contribute more if she finds herself falling far behind Obama’s proficient fundraising.
McCain’s wife is heiress to her father’s stake in Hensley & Co. of Phoenix, one of the largest beer distributorships in the country and her worth could exceed $100 million. But the couple has a prenuptial agreement that has kept most assets in her name. In his financial disclosures, McCain lists his major sources of income as his Senate salary of $169,300 and a Navy pension of about $56,000.
In 2006, Obama reported income of nearly $1 million, with nearly half of it coming from the publication of his second book, “The Audacity of Hope.” Last week, the campaign disclosed that Obama and his wife, Michelle, gave $240,000 to charity last year.
24 thoughts on “Clintons report mega-millions income”
Hi Wayne…
Thanks for the complement!
Carl Nemo **==
Yo AustinRanter…
:)) to the 100th power…!
Carl Nemo **==
I bought Bill Clinton’s first book and, except for one chapter early on when he named every person in Arkansas whom he’d ever met, I enjoyed it.
I would pay to hear Bill Clinton speak. He’s compelling, engaging, entertaining and intelligent. His grasp of complex issues is evident; his ability to convey complex ideas in a manner that is easily digestible for his audience is unmatched.
It shouldn’t surprise anyone that the Clintons’ favorite charity is the Clinton Foundation. Why wouldn’t it be? The foundation’s most recently published annual report is available for your review on the Foundation website at clintonfoundation.org
Judging from the tone of some of the comments (and is really necessary to criticize Hillary Clinton’s appearance, or are those of you who do so still in junior high??), I suspect you do not support the work of the Clinton Foundation.
My question: Which initiative(s) do you oppose on principal or simply because you detest the Clintons themselves.
Ed, why don’t you check out Snopes.com. This is a blatant LIE. While the Clintons are certainly entitled to collect rent, they do not.
All former presidents are entitled to Secret Service detail.
Previously this detail was for life. It has now been reduced to 10 years, beginning with Bill Clinton.
Holy cow. I can’t believe the rubbish people just repeat with no thought of verifying the facts.
Flap, it means just one more episode added to the Clinton’s on going soap. No biggie.
And all of this means…exactly what?
I hope no one was expecting a smoking gun. The Clintons are wealthy. Does that surprise anyone? The Senate is the most exclusive association of millionaires around, and ex-presidents are generally well-heeled.
The returns tell us that they’ve had a mean income of $15.3 million/year for the past seven years; they donated about 10 percent to charity; they paid taxes in at least the second tier. The returns cover 2000-2006, with highlight released from 2007. The returns were prepared by professionals and are doubtlessly accurate and follow the letter of the tax law.
How the Clintons earned their money is perfectly legal; they traded their time and their “war-stories” as POTUS and FLOTUS for money. Whether or not others choose to pay, and how much they pay, is a matter of the market rather than morals or ethics.
Most sincerely,
T. J. Flapsaddle
“Here’s the link where the 10 million dollar “Charity” contribution went. It went right back into their own pockets!”
The Clintons donated over 10 million to a foundation in their name, yet, less than half of that money has been given out.
Maybe the rest of that tax-deductible money was “donated” to Hillary’s campaign, the five million that was loaned to Hillary awhile back.
And maybe that’s why the 2007 tax returns aren’t yet available.
But the Clintons would do something so sneaky and underhanded, would they?
I heard Jesse on a TV interview and he is still top dog in my book. However he still wants a third party and I would support him in a minute. We’re running out of time and I’m out of patience.
Evenolderandwiser.
Isn’t it interesting how the media reports how Hillary’s campaign is going under, outa money and such — not paying the bills, no less. And they have made HOW MUCH $$$$??? Let’em take it out of their own pockets.
They’ve probably made corporate deals that won’t show up for a few years, anyway.
For awhile, Obama looked good. Now it looks like the Democratic Party has cooked themselves again. For the time being, I’ll stay on the sidelines, waiting for Jesse to throw his hat into the ring. I ain’t found time to clot.
Oldernwiser
Heres the link where the 10 million dollar “Charity” contribution went. It went right back into their own pockets!
https://www.huffingtonpost.com/2008/04/05/clintons-charitable-contr_n_95216.html
So, the reality is that the taxpayers are making the Clinton’s mortgage payments for them. That’s just perfect. Thanks for the info, Dr. D.
Some years ago,The Clintons’bought a house in Chappaqua,NY in order to legitimize Hillary’s bid for the junior Senatorial seat in NY.After purchase of the home,it was also necessary for the Dept.of the Treasury to erect housing on the Clintons’new property for the Secret Service detail necessary for an ex-president(This housing was paid for with taxpayer monies).The Clintons’mortgage payments are $10,000 monthly,so the Clintons’ saw fit to charge the Dept.of the Treasury $10,000 a month for rental of the necessary housing for the Secret Service detail.How’s that for using the system to your advantage?They probably have a similar scheme to pay for their property and school taxes.No wonder they want to perpetuate the welfare state,they are major recipients. Ed
Great description Carl Nemo! Bravo!
Bill and Hillary are taking donations to keep up the life they are accustom. For those of you who see their desperation and want to help, mail you’re donations to:
Bill and Hillary
P.O. Box 1
Youvebeenscrewed, New York 100001
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