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Bill Clinton, $81 million man

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Election 2008
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Posted April 4, 2008 4:13 PM
The Swamp

By Jim Tankersley

After months of questioning from reporters and prodding from rivals, Hillary and Bill Clinton released their last eight years of income taxes this afternoon. One number pops out immediately: $81 million.

That's how much the former president banked in book and speech income from 2000 to 2007. Combined, the Clintons' grossed nearly $110 million over that time (with about $10 million coming from Hillary Clinton's book deals). They paid nearly $34 million in federal taxes - 31 percent of their adjusted gross income - and donated more than $10 million to charity.

Here's the statement included with the release, from spokesman Jay Carson: "The Clintons have now made public thirty 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.

"What the Clintons' tax returns show is that they paid more than $33,000,000 in federal taxes and donated more than $10,000,000 to charities over the past eight years. They paid taxes and made charitable contributions at a higher rate than taxpayers at their income level. "

Read on for a breakdown, courtesy of the campaign, of the return totals. And stay tuned to the Swamp for more details from the filings.

TAXES PAID: $33,783,507

The 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: $51,855,599

SENATOR 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.

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Comments

Yucaipa Global Holdings?


Listed on the 2006 Tax form showing about $2300 in interest. It's a Chinese media company


The SEC filing also disclosed the makeup of the Yucaipa investment group in Xinhua Finance Media. Included were Yucaipa Global Holdings and Yucaipa Global Partnership — the two entities in which Mr. Clinton had an interest, according to his wife’s May disclosure statement.


However, this week, in a written response to questions, a Clinton spokesman said the former president "does not participate, nor have a financial or other interest, in the Yucaipa Xinhua Finance Media Venture and he therefore is not listed as an investor." The statement didn’t elaborate.


The Clinton campaign is attacking the "RICH" and she and her husband made 109 million dollars because they ruled America for 8 years?


We waited this long for this? Did they hire a ghostwriter for the press release, too? I can't believe Hillary made so much for "writing" books and never once put pen to paper or typed out a manuscript.


No wonder Hillary is pushing hard to fundraise the last two days.
Hearing she earned $109 million and she wants people to scrape by and give her money, so she can pay Mark Penn his millions, and he can fly off to Colombia and push for Free Trade, to take away jobs from Americans?


The rich get richer, the poor and middle class get poorer. This is an obscene amount of income - so many people are simply struggling to place a paltry meal for their family on the table. I am sorry to say that simply donating 9% of this gross income to charity is not charitable giving at all.


I've always found it interesting that her biggest support seems to be from the poorest people in our nation. Obviously they can vote for whomever they want, it's just that if it were me I would have trouble trusting 2 people who earned over $100 million dollars in 7 years to understand where I'm coming from and help me, while I struggle to keep my head above water making $50,000 a year.


Yeah Right, 110 mil. and about 100 mil was "Laundered" money. Jeez I've never seen such a pair of scumbags get such a TOTAL and complete "Free Pass" on literally EVERYTHING they do. If I personally tried to pull even ONE of the scams these two have run I'd be sitting in a jail cell this very day. Well it sure does prove one thing. Whatever you can say against them, you for damned sure can't say they're not SMART!


This puke has sold the Presidency just like Hil-Billery is selling herself now!


$10 million to charity?...Now that is some impressive tithing!


Now everyone SHUT UP!


Just heard on the news that 15 million dollars of income reported is not identified and may be from Dubai. Billary will do anything for a buck. Imagine! 20 percent paid in federal taxes. Hope they do raise the percentage to 50% just to stick it to the likes of these limosine liberal money-grubbers.


Can anyone with that much money really feel my pain?



Obama,

Do you have thirty years of returns to show us??????


Isn't it strange how the filthy rich always know so much about the middle and lower class ?


Now do you understand why they spend so much donated money to get elected? Oh, I forgot, it's not about the money.


Interesting indeed. NO DETAILS.


What this shows is the wheeling and dealing Clintons have done very well and you can expect more of the same with them back in the White House.


FORECAST:

2009: Bush makes $100 Million and Dick makes $500 Million for 2009 for their SPEACHES in Dessert to a couple in SOUDI.

Now I know why everyone is writing a BOOK these days.

It does not sell. Bribing will be done like OK i am buying 100,000 copies of your Book and no hard copies please and PLEASE DO NOT EVEN THINK OF ASKING ME TO READ IT.

Another way to taking a bribe, Give me an hour and a Room and this time instead of Monica, give me a Mic. When I am done, I get a MILLION. YOU DON"t EVEN NEED TO KNOW WHAT I SPEACHED OR DID INSIDE.


McS(h)ame wants it both ways.

Old man is only getting pennies saved by consumers from $4 GAS fillup so he goes for $80 PUBLIC MONEY and still wants to LOOT the Pennies indirectly as he knows he don't have "AMERICANS" behind him like Obama where 1 million Americans raised $40 Million a month.

And Poor Obama will be caught and will be asked to fight it in unfair way or should i say "REPUBLICAN WAY". There is even other quote "EVANGELICAL WAY". Those Evangelicals still enjoying Iraqi/Navy blood soaked bread and filling up their tanks $4 a gallon and hoping they could pay $6 a gallon for more bloodly bread.


I voted twice for BUSH and look what I got:

$4 GAS
$4 Milk
Loss in my 401K due Bear Sterns etc
My home is DEEP under water
I am paying 65% more for Health Insurance
I am paying 36% more for Home Insurance
I am paying 22% more for Home Insurance
I am living in CLOSET due to Fox Thread Level showing Orange whenever BUSH wants.
I am not flying outside USA as we made all our x-friends as enemies.
I have a Vice President who can SHOUT & SHOOT to kill me.
I lost all my Civil Rights.
etc


I guess the Clintons should be able to fund their own campaign instead of asking the public to donate.


Just ordinary, working folks like us, living from paycheck to paycheck. They feel our pain. And Hillary really knows what it's like to be a blue collar worker. Why, she even wore a blouse with a blue collar once. Now, how much was given to the Clinton Double Wide "library" by the Saudi princes, China and assorted other people from hither and yon?


So why do we have to pay expresidents (or any politician) a pension when they make so much money from "friends" giving speeches. A nice legal way to sell power and influence.


I guess the $109 million figure will make the folks who donated money to the Clinton's campaign feel like chumps now!


Does this include the $75,000/mo they get for renting their coach house to the secret service? Or is that a perk we pay for?


NEVAR FORGET THAT HILARRY KNOWS WHAT WE WORKING CLASS NEED. HILARRY WILL SAVE HOUR COUNTRY!


Didn't someone say recently that the blue collar folks and hispanic populations relate best to Sen Clinton? I can see why she didn't want to release her returns, it would appear hypocritical. All of this money just for talking, an not even owning and running a business. WOW.


Charlie if it is not about the money, why does obama post his contributions every month like it is a vote for his presidency. Most of his money comes from bundled contributions anyway. You all complained when she hadn't posted her income and now you are complaining about how much money they have. Look at the details, they donated to worthy causes, obama to his anti white, anti jewish church. Let's hear it obama 30 years of records. Keith lifetime bla, bla, go on CNN.com the article there shows all the details you could possible understand or not, including their 1040 forms for the years from 2000 to 2006 including a summary of 2007, which has not even been filed yet. If you are going to complain, check all possible sites before you make fools of yourselves.


To Boob, oh excuse me I meant Bob, I am on my way to donate more money to Hillary. With all the money they have we don't have to worry about them selling us out to a racist, US/ white hating church.


so a poor kid from a broken family in arkansas who was raised by his mother and grandmother goes on to become a rhodes scholar, attorney, governor and president and earns tens of milions of dollars in the process. so what?

isn't that the american dream?


Let me get this straight: the Democrats are for the little guy ... and so are the Clintons.

Right!

(Wink) (Wink)

http://OsiSpeaks.com


To Mike K

i don't know what the working class needs...but you need a High School education. Go back to school.


I don't particularly like the Clintons, but I'm surprised by the class warfare by jealous, hate-filled commenters on this page.

This is America. People from all over the world dream of coming here to make good of themselves.

That's why this is the greatest country in the world.


Please be aware while 100 million in 10 years is very impressive, the most successful venture capitalists probably rake in 100 million in 6 months.

A day in the park.


How much money did George Bush have and his little pony boy Dick C. make? Hmmm?????


I found this very interesting short article that puts the money in perspective.
http://www.askmen.com/sports/business/36_sports_business.html
The author was defending sports pay with other examples. Think about it, folks, do you believe Obama will collect less now that he has the same level of recognition? .


Well obamageddonites, here it is. Your "smoking gun" that you kept ranting and raving about. All we've heard is "why don't the Clintons release their tax returns." So they do, and what is there to find? Nothing.

I hope you guys had a "Plan B."


Let them eat cake.

Absolutely disgusting for a man that for all right should be in federal prison and by the Republic, followed shortly by this country's 43rd President.


Hillary can afford to hire someone to answer the phone at 3:00am with that kind of $....


Posted by: crud

AMEN. From what I understand and have read, they were broke when he left office and had a hard time buying their house in New York. I think the problem here is jealousy. Everyone commenting would take the speaking money he gets were it offered to them. Get over it!


Jealous?? Bitter? I have never heard such a bunch of complainers as on this post.

The Clintons have worked hard to get where they are - and deserve their rewards . They have all the money they need -so I'm thinking ... Sen. Clinton only has one agenda for running for president - she truly wants to help this country. Clinton - you won me over! Get over it slackers!


He has a right to get as much money as he can. If people are dumb enough to pay his fees why can't he accept it?


He has a right to get as much money as he can. If people are dumb enough to pay his fees why can't he accept it?


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