Clintons made $109 million since 2000
By Susan Milligan and Matt Negrin, Globe Staff and Globe correspondent
WASHINGTON -- Hillary and Bill Clinton earned more than $109 million in the last eight years, with the vast majority coming from the former president's book royalties and speaking fees, according to long-awaited tax returns released by her presidential campaign today.
The documents -- the most detailed financial information the Clintons have made public since leaving the White House and Hillary Clinton entered the US Senate -- paint a picture of a prominent political couple whose personal financial fortunes grew exponentially since the former president left the public sector. After earning $357,629 in 2000 -- Clinton's last year in the White House and Hillary Clinton's first year campaigning for public office herself -- the couple's combined income topped $20.4 million last year, according to the actual returns for 2000 to 2006 and estimates for 2007.
Over the eight years, the Clintons paid nearly $34 million in federal taxes and gave more than $10 million to charity.
"Wow!'' said Dean Baker, co-director of the Center for Economic and Policy Research, a nonpartisan think tank in Washington. The $3 million the couple contributed to charity last year "would be a lifetime of income for most people,'' who earn an average of $30,000 annually, he said.
Jay Carson, a spokesman for the Clinton campaign, noted that the couple has been generous with its new wealth, giving away nearly 10 percent of their income. Further, he said, the Clintons' tax burden was much higher than the typical wealthy taxpayer.
Over the last eight years, the couple was hit with a tax bill averaging about 31 percent of the political couple's adjusted gross income, compared to the average 21 percent paid by taxpayers earning more than $10 million in 2005, Carson said.
Senator Clinton, who is locked in a tight race with Senator Barack Obama for the Democratic nomination, was under heavy pressure to release her tax returns, especially after she lent her own campaign $5 million in January to shore up her cash account.
For months, Clinton had said she would release her returns after she became the nominee, but as that prospect appeared less certain, she pledged to make them public before the April 15 filing deadline. Obama posted his returns for 2000 to 2006 online last week and challenged Clinton to do the same, saying that voters deserved to know where the Clintons were getting their money.
Clinton posted her returns for those same years on her campaign website after 4 p.m. today, a common tactic by politicians who hope that scrutiny will be diminished if complicated material is kept under wraps until late afternoon on a Friday.
And despite her pledge, it's not certain when she will release her 2007 return. The Clintons have asked for an extension to file their 2007 return because they are still awaiting details of other income, including on investments made by trustees of their blind trust, he said. Carson said the couple will not have to pay more than the $5.1 million tax payment they have already sent to the IRS for their 2007 earnings.
Carson said in a statement that "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.''
Being a freshman senator has been less lucrative for Obama, who earned a total of $3.9 million from 2000 to 2006.
Obama also paid far less in taxes -- $1.1 million -- and gave away far less in charitable donations -- less than $150,000 -- than the former first couple did during the same period.
Obama also has yet to release his 2007 tax returns, but has pledged to do so later this month.
Arizona Senator John McCain, the presumptive Republican nominee, has not released his own tax returns for the past several years, drawing criticism from Democrats who say McCain is not living up to his image as a leader on congressional ethics.
"As a self-professed champion of disclosure and ethics, John McCain should explain why for the past 26 years he has not seen fit to provide this important financial information to voters,'' Democratic National Committee spokeswoman Karen Finney said in a statement. "Presidential candidates have disclosed several years worth of returns for decades, John McCain stands as a disturbing exception."
Why do you think groups paid up to a half million to have Bill Clinton speak: INFLUENCE!
These groups weren't enraputerd by Bill's eloquence. They wanted to buy there way into the system.
I see little difference in these excessive speaking fees and someone leaving public office and going to work to lobby.
50+ Million for Bills speeches given (many in foreign governments) That's some serious money. One should ponder who the Clinton's will be beholden too if elected.
I predict her campaign donations to stop dead in their tracks from here on out.
How much could he (President Clinton) have made on speeches? I think that was Uncle Roger's exact words. I rest my case, once again!
As a private citizen, tax returns is very private to me. How much I make is no business to anybody include family members outside your spouse or in now days, partner. The only time I would show my tax return is for official reasons like college financial aid or disclosure like that. I really do not know why knowing the candidates taxes on how much they honestly earned would help me decide who to vote for. So, John McCain should keep his returns private and tell the public where to go.
KERRY: You're right on the money! With your permission, I am going to repeat your words:
Obama is a communist, extreme left wing liberal.
Obama is a racist and hates America.
Obama is an egomaniac who thinks he is doing a great favor to America simply by running for President.
Obama's loyalty is to Africa not America which is mean accoriding to Ms.Obama.
Obama is as corrupt as every other politician, and was hand in hand with shady characters in Chicago politics.
Obama lies through his teeth when he says he is a different kinda politician. More like he is a different kinda liar, a slick snake oil salesman.
the 2000's first decade, under a republican administration, have been very good to the clintons.
Let me get this straight: the Democrats are for the little guy ... and so are the Clintons.
Right!
(Wink) (Wink)
http://OsiSpeaks.com
At least now I know why the're for the poor people!!
How can we believe these people know what it's like to be a hard working middle class citizen in America? How dare they say they know what we feel, what we need? Only 3.9 million for Obama, compared to over 20 million for Clinton... in one year??? Why can't a smart, honest, hardworking middle class American be President? Because he doesn't have the money.
When Hillary cried "Shame on you Barak". She should have cried "God Damn America", like Rev. Wright. Shame on America for making our existence such an inequitable one.
It shows only one thing - The Clintons should spend the rest of their times doing something most retirees do - to enjoy the last part of their lives, away from the heart-burning politics and avoid those either faithful nor appreciative. But why then allow themselves to be insulted in seeking another public office? Money no enough? It is quite obvious that the motivation is either power and glory or to right the wrongs. Americans can see for themselves that Clintons, especially Hillary does not need the formal. Those who have put some times to research on Hillary will find concurrence in the later - A sense of duty. To put things right and to lead America into another golden age. Americans should allow Hillary a chance to recover from economic disaster and along the way, make another first by putting a woman to the world's most powerful office.
God bless America and Americans help America - Hillary 08.
Yikes!That's alot of Benjamins.Hello to the middle/working class.. On a positive note, The Clintons gave a tenth of their income to charitable causes.That is admirable,and very Protestant required.
It will be interesting to see Johnny Macs and Baracks.
PLEASE DISTIBUTE TO EVERYONE YOU KNOW.
Bring the Clintons to their knees.
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http://www.salon.com/news/primary_sources/2007/10/11/clinton/index.html
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Clinton Foundation Donors
--------------------------------------
1 Bill and Melinda Gates Foundation, WA $12,429,835
2 Alphawood Foundation $4,250,000
3 Wasserman Foundation $3,350,000
4 Walton Family Foundation $2,000,000
5 The Alix Foundation $1,075,000
6 Peninsula Community Foundation $1,002,500
7 Sidney E. Frank Foundation, NY $1,000,000
7 The Annenberg Foundation $1,000,000
7 Walmart Foundation $1,000,000
10 Roy and Christine Sturgis Charitable and Educational Trust $950,000
11 Bernard & Irene Schwartz Foundation $700,000
12 The Rockefeller Foundation $600,000
13 Monterey Fund, Inc. $517,800
14 Citi Foundation $500,000
14 Marin County Foundation $500,000
16 The New York Community Trust $407,335
17 Anheuser-Busch Foundation $400,000
18 Lewis B. & Dorothy Cullman Foundation $265,000
19 Deutsche Bank Americas Foundation $250,000
19 Ford Motor Company Fund, MI $250,000
19 NoVo Foundation $250,000
19 The Bank of America Charitable Foundation $250,000
19 The Jon S. Corzine Foundation $250,000
19 The Winnick Family Foundation $250,000
25 Cumming Foundation $200,000
25 The Engelberg Foundation, FL $200,000
25 The Wedge Foundation $200,000
28 The Berry Gordy Family Foundation $150,000
28 Trinity Foundation $150,000
30 Jonathan M. Tisch Foundation $114,000
31 AT &T Foundation $100,000
31 Horace W. Goldsmith Foundation $100,000
31 Katz Foundation $100,000
31 Regions Foundation $100,000
31 The Dyson Foundation $100,000
31 The Philip D. and Tammy S. Murphy Foundation $100,000
31 Walter H. and Phyllis J. Shorenstein Foundation $100,000
38 Charles Stewart Mott Foundation $65,579
39 Altman/Kazickas Foundation $50,000
39 Craig and Kathryn Hall Foundation $50,000
39 Harman Family Foundation $50,000
39 The David S. and Sylvia Steiner Charitable Trust $50,000
39 Wood-Rill Foundation $50,000
44 Waitt Family Foundation $35,932
45 Riggs Benevolent Fund $33,500
46 The William M. & A. Cafaro Family Foundation $28,000
47 May and Samuel Rudin Family Foundation $25,000
47 Sandler Capital Management Charitable Foundation $25,000
49 Lockheed Martin Corporation Foundation $20,000
49 The Seattle Foundation $20,000
51 The Tommy E. Short Charitable Foundation $17,500
52 John S. and James L. Knight Foundation $15,000
52 Willametta K. Day Foundation $15,000
54 The Susan Thompson Buffett Foundation $14,000
55 Hassenfeld Foundation $10,000
55 John M. O'Quinn Foundation $10,000
55 The Floyd & Delores Jones Foundation $10,000
55 The Semel Charitable Foundation $10,000
59 Lone Pine Foundation, Inc. $9,100
60 Boston Foundation $5,000
60 JEHT Foundation $5,000
60 The Gill Foundation $5,000
60 The Henry J. Kaiser Family Foundation $5,000
60 The Heyday Foundation $5,000
65 Alan B. Slifka Foundation $2,750
66 Community Foundation of Greater Memphis $2,200
67 Sandel Family Foundation $1,000
67 The Community Foundation for the National Capital $1,000
69 Arkansas Community Foundation, Inc. $700
70 Moss Foundation $500
71 The Bert & Sandra Wasserman Foundation $180
TOTAL $35,808,411
---------------------------------------
Speaking fees
A&E Television $125,000
Adam Smith Conferences $125,000
Ahmet San Productions bh of TUSIAD $250,000
America Israel Chamber of Commerce $125,000
American Academy of Achievement (2 events) $300,000
American Assn of Nurse Anesthetists $150,000
American Chamber of Commerce in Spain $250,000
American Friends of the Rabin Medical Center $125,000
America's Health Insurance Plans $150,000
AMR Research $150,000
Antwerp Diamond High Council $200,000
Ardee's Festival $150,000
Aripaeva Kirjastus $150,000
Asian American Hotel Owners Association $125,000
Association of Southern California Defense Counsel $125,000
Australian Council for the Promotion of Peaceful Reunification of China $300,000
Australian Information Industry Association $250,000
Aventis $125,000
Aventura-Turnberry Jewish Center $150,000
Banco de Mexico $150,000
Baugur Group $250,000
Beth El Synagogue $125,000
Biotechnology industry Organization $150,000
Blex S.L. $350,000
BMW Group on New Zealand $137,500
Borsen Executive Club $150,000
British Broadcasting Coporation $75,000
Canadian Society for Yad Vashem $125,000
Caribbean Council for Global Studies $125,000
Carnegie Abbey Club $150,000
Celebriti Forum II (2 events) $200,000
CiscoSystems (2 events) $300,000
Citigroup (3 events) $550,000
CLSA Ltd. (4 events) $700,000
Colonial Life Ins Co. $200,000
Comitato per il Congresso Nazionale della Pubblicita $350,000
Compuware Corporation $125,000
Congregation Beth-El Zedeck $150,000
Council of Insurance Agents and Brokers $125,000
Credit Suisse First Boston $125,000
Decision Makers InterAction $150,000
Dentsu Inc on behalf of Aichi Gakuin $250,000
Deutsche Bank (2 events) $300,000
Diario de Noticias $250,000
Dinamo Norge $150,000
dnmStrategies (2 events) $400,000
EchoStar Satellite Corporation $100,000
Economic Club of Southwest Michigan $125,000
Educatinal Institute of AHLA $125,000
El Paso Holocaust Museum $125,000
EPC International on behalf of Workshop Ischgl-Club of the Alps $245,000
European Travel Commission $125,000
Fatasma $125,000
Financial Innovations, Inc. $100,000
Fool Proof $125,000
Fortune Magazine Forum (2 events) $700,000
Friends of Simon Wiesenthal Center $150,000
Fundacao Armando Alvares Penteado $250,000
Fundacion Rafael Del Pino $250,000
Future Generation Foundation $175,000
Galeries Lafayette-Monoprix $250,000
GBD Group $250,000
General Motors $200,000
Global Artists (4 events) $580,000
Global Business Enterprises $300,000
Global Strategic Ventures $150,000
Gold Service International (4 events) $800,000
Golden Tree Asset Management $150,000
Goldman Sachs (4 events) $650,000
Greater Washington Society of Association Executives (2 events) $250,000
Greenwood House $125,000
Griwa Consulting GMBH $250,000
Group Vivendi Universal $150,000
Gruner & Jahr Publishing USA on behalf of American Jewish Committee $125,000
Hearst Magazines $125,000
Hebrew Home and Hospital Inc $125,000
HMS Italia $125,000
Hon Frank McKenna's Business Networking Event (2 events) $200,000
HSM America (2 events) $300,000
Hubert Burda Media GmbH $300,000
Hunter College Foundation $35,000
Huron Consulting Services $150,000
IBM $200,000
IFE Institut Fuer Eventmanagement GmbH $300,000
Independent News and Media $150,000
infoUSA, Inc $200,000
Institute for International Sports $150,000
International Centre for Business Info $125,000
International Council of Shopping Centers $150,000
International Dairy-deli Bakery $150,000
International Health Racquet $150,000
International Profit Associates $125,000
J.T. Campbell & Co. $150,000
Jewish Federation Council of LA $125,000
Jewish Federation of Chicago (2 events) $300,000
Jewish National Fund (4 events) $550,000
Jiannanchun Group Co $250,000
Jim Pattison Group $150,000
KMD $250,000
Kushner Companies $125,000
Lancaster Chamber of Commerce $150,000
Latin American Institute of Education Communicaton $300,000
Leading Minds (3 events) $375,000
Lehman Bros. $150,000
LIMRA International $150,000
Listin Diario $250,000
London Drugs $125,000
London School of Economics and Political Science $28,100
Long Island Association Inc $125,000
Macklowe Properties on behalf of State of Israel Bonds Development Corp. $250,000
Markson Sparks! (10 events) $1,675,000
Maruri Communications Group $200,000
Mass Torts Made Perfect $150,000
McCreath Communications (2 events) $275,000
MDM Investments Ltd $125,000
Media Control GmbH (2 events) $350,000
MiKI Corporation (3 events) $450,000
Mito City Political Research Group $400,000
Morgan Firestone Foundation $125,000
Morgan Stanley Dean Witter and Co. $125,000
Mortgage Banker Assn $150,000
MPSF (3 events) $300,000
National Apartment Association $150,000
National Assn of Realtors $125,000
National Mlti-Housing Council $150,000
National Society for the Prevention of Cruelty to Children $100,000
Ness Technologies $150,000
Nordstrom International Aps on behalf of World Celebrity Golf $300,000
Old York Road Temple Beth Am $125,000
One Family $125,000
Oracle Corporation $125,000
ORT Montreal $125,000
Paris Golf and Country Club $150,000
PeopleSoft Inc $125,000
Personal Dynamics on behalf of Provente.com $125,000
Pinpoint Knowledge Management, The Portables $125,000
Protocol Resouorce and Operation Services $200,000
Puls Biznesu, Bonnier Business $183,333
Radio and Records $125,000
RDM Group $125,000
Renaissance Calgary $125,000
Salem State College Foundation $125,000
Savage/Rothenberg Productions (4 events) $550,000
Scherer Consulting Group and Jorg Lohr Training $150,000
Seeliger Y Conde $200,000
Seoul Broadcasting $250,000
Serono International $150,000
SFX Sports Group on behalf of Magna International $125,000
St. James Place $175,000
Standard Bank of America $150,000
Stree-Global Investments in Women $125,000
Success Events International (2 events) $250,000
Success Resources Pte Ltd. $250,000
Temple Beth Avodah $125,000
The Abraham Fund $125,000
The American University in Dubai $150,000
The Dabbagh Group (2 events) $600,000
The German Union of Small and Medium-Sized Companies $100,000
The McCarthy Group $200,000
The Power Within (8 events) $1,870,000
The Star Forum $125,000
The Sunday Times Hay Festival $150,000
The Talar Forum $183,333
The Varsavsky Foundation $175,000
tinePublic Inc (5 events) $650,000
TJ Martell Foundation $75,000
Toranto Hadassah-WIZO $125,000
Tufts University $125,000
United Israel Appeal of Geneva $150,000
University of California, Davis $100,000
University of Judaism $125,000
Urban Land Institute $125,000
Valor Economico S.A. $150,000
Value Grupo Financiero $175,000
Verinvest S.C. on behalf of Mexico Business Summit $150,000
VNU Business Media on behalf of Online Learning 2001 Conf. $125,000
Warburg Pincus $125,000
Wirtscafafts Blatt $183,333
WIZO $125,000
World Celebrity Events (5 events) $1,340,000
World Leader's Forum $150,000
Yorkshire International Business Convention $200,000
Young President's Organization $150,000
YPO Windy City Chapter $100,000
TOTAL $41,085,599Type your comment here...
Well on the Barack facts-not fiction or smoke he blows to the sheeple that follow him he went to charter schools in HI, Princeton and Harvard all on a free ride. He is a multi millionaire and as soon as the government waste trough was open he bellied up-trying to earmark 1MILLION dollars to his wife's hospital. Odd she was given a 200K plus raise when he was elected to the US Senate..hmmm can we say influence peddling....of course you can. He is no different but much more dangerous than Hillary.
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