in World News

Clinton Tax Return: $141M In 8 Years


Clinton Tax Return: $141M In 8 Years

by John Hayward

This week’s Friday night document drop included the Clintons’ tax returns, as summarized by CNN:

Hillary and Bill Clinton earned nearly $141 million over the course of eight years and paid $43 million in federal taxes, according to tax returns her campaign released Friday.

In a lengthy statement and on her campaign website, Clinton detailed that she and her husband, former President Bill Clinton, paid more than $43 million in federal taxes from 2007 to 2014, over $13 million in state taxes and donated nearly $15 million to charity over the same period.

The couple earned a total of $140.9 million, with an adjusted gross income of $139.1 million, the returns show.

Not bad for a couple that produces nothing, adds nothing to the economy, and gets all of their money based solely on political connections. Many of us are old enough to remember when liberals were very, very upset at the thought of rich people running for President – three years ago, to be exact.

“We’ve come a long way from my days going door-to-door for the Children’s Defense Fund and earning $16,450 as a young law professor in Arkansas – and we owe it to the opportunities America provides,” Hillary Clinton humorously humble-bragged in a statement accompanying the tax info. Or is it possible she’s being serious? She really thinks the millions raked in by a political couple paid hundreds of thousands of dollars to give empty speeches, by powerful special interests who wish to take advantage of their connections, has even the slightest relationship to the “opportunities America provides” for the vast majority of its citizens?

Oh, and about those charitable donations…

From 2007 to 2014, nearly 99% of the Clintons’ charitable giving went to their foundation, “The Clinton Family Foundation,” which is used to distribute the family’s philanthropic giving to different charities.

In total, the Clintons donated $14,959,450.00 to charity over that period, with $14,769,000 of that going to the foundation.

And most of the 1% of donations that didn’t go to their foundation went to Clinton associated groups. In 2013, the Clintons donated $57,000 to the Clinton Global Initiative and $21,000 to the Humana Challenge, a Clinton Foundation-sponsored golf tournament. In 2012, the couple donated $25,000 to the same golf tournament.

In the Nineties we got to enjoy the Clintons writing off their underwear as tax deductions. Now they make charitable donations to the organizations that keep their political operatives well-paid until they’re needed for campaigns.

And, of course, Hillary postures as the scourge of the Evil Rich and their rotten tax “loopholes.”

“I want more Americans to have the chance to work hard and get ahead, just like we did. And reforming the tax code can help,” said Clinton, before criticizing the tax reform proposals of Republican opponents. Good Lord, she really is serious about pretending she got filthy rich by “working hard” and pursuing the same American dream available to middle class voters. Keep voting Democrat, folks, and maybe one day you, too, will be paid vast sums of money by oil sheikhs and Russian oligarchs to give canned speeches!

Tags: , , , , , , , , , , , , , , , ,