Clintons release Tax Returns?

FOR IMMEDIATE RELEASE April 4, 2008 Statement of Jay Carson, Clinton Campaign Spokesman Today Senator Hillary Clinton and President Bill Clinton are releasing their tax returns for the years 2000 through 2006, and are providing information regarding their 2007 taxes as well. 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. 2000 - 2007 TAX RETURN SUMMARY HILLARY & BILL CLINTON 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. Annual tax information is available for download here:

Public Comments

1. Too little too late. They were paupers before. The Presidency should not make people filthy rich.
2. hey Reba Reagan got rich (much richer) after he left the white house and the Clinton's were Not poor. "paupers" ? - that's bull-cr*p and how is it "to little" ? Plus, it's Not late ! -------------------------- just out of curiosity : what was the question ???????
3. Crime pays as usual. Their crime is that they think they are better than we paupers.
4. Looks to me like they shortchanged God a little bit. I always thought He was supposed to get 10% of the gross, not the adjusted. StevieK - Please don't ever accuse me of supporting Obama again. I have a reputation to think of. I'm voting for the other guy.
5. Well that takes care of that complaint from the Obama supporters....... Let the other candidates provide that much information.
6. If there was nothing to hide, why did it take so long for them to release these? You do know that, if someone files an adjusted return, the adjusted return becomes the return of record, and it's as though the original return never existed. I'm not into conspiracy theories, but it is rather suspicious why, if it's all fine and good, they waited this long to make it all public (especially since they boast all these charity donations and % of income donations). Maybe a whole bunch of receipts mysteriously showed up in Hillary's office... "Oh look, I forgot that I donated that money to my own charity 4 years ago!" And "Why, look... the charity records from 4 years ago (now) show that amount too!" Trust me. I've filed a revised tax return for my husband's business and our personal taxes going back 2 years, after we realized a legitimate accounting error (he originally filed them, but I found the error when helping to do the taxes last year). And honestly it would have been REALLY easy to play games with accounting books that no one else has ever seen before. Shockingly easy. Don't be naive. This IS the Clintons that we're talking about.
7. In response to short changing God, Obama campaign tithed ONE PERCENT of his and Michelles combined income. Didn't notice comments from Obamaphiles when that fact came out. "In two of the years, the Obamas gave far less than 1% of their income to charity; in three of the years, they gave around 1% of their income to charity. Only in the last two years have they given substantially more as their income skyrocketed — 4.7% in 2005 and 6.1% in 2006. (Of course, it is possible that the Obamas may have made gifts to other worthy causes that were not deductible for federal income tax purposes.)" http://knoxvilletalks.com/2008/03/25/obamas-not-tithing/ Interesting to see Obamaphiles STILL complaining about Clintons tax returns now that they have gotten what they were demanding- full disclosure. So where is all the dirt that Obamaphiles claimed was in the returns? Hows it feel to be that completely duped by the great leader Obama?
8. Chelsea Clinton works for a hedge fund, whose founder is a big contributor to Hillary's campaign. They specialize in buying up foreclosed real estate and bankrupt companies, then sell at a profit. As the economy tanks, the fortunes of the Clinton's could grow exponentially. Stepen Schwarzman, a hedge fund manager, made $5.1 billion last year. John Paulson, another fund manager made $3 or $4 billion last year from mortgages. Greenspan is an advisor to Paulson. It's a perfect scam, business conditions so hard, bankruptcies, homeowners facing foreclosure, behind all of this is Chelsea Clinton, rushing in to buy the assets for pennies on the dollar at the bankruptcy sale. Then later, after a government bail out the assets will rise and the rich get richer yet again. Remember when Hillary earned $100,000 in pork bellies off a $1,000 investment? You ain't seen nothing yet.