April 4th, 2008
09:06 PM ET
6 years ago

Clinton releases tax returns

Clinton had been under mounting pressure to release her tax records before the Pennsylvania primary.
Clinton had been under mounting pressure to release her tax records before the Pennsylvania primary.

(CNN) - Hillary Clinton released her tax returns for the years 2000 to 2006 late Friday afternoon, ending weeks of speculation over her delay in making them public.

“The Clintons have now made public thirty years of tax returns, a record matched by few people in public service,” spokesman Jay Carson said in a statement. “None of Hillary Clinton's presidential opponents have revealed anything close to this amount of personal financial information.”

The campaign said the records showed Bill and Hillary Clinton had paid more than $33.7 million in federal taxes on a joint income of $109 million and donated $10.2 million to charities over the past eight years.

The New York senator had initially said that she would not release them unless she was the Democratic nominee. But at a debate shortly before the March 4 primaries, she said she would consider releasing them "even earlier," though she did not name a precise date.

"I will certainly work toward releasing them, and we will get that done and in the public domain," said Clinton.

Later, she pledged to release the documents by this year's April 15 tax filing deadline. But ten days ago, following Obama's decision to release his tax returns of this decade, and attacks from his campaign over Clinton's delay in making her own public, she announced that she would release the returns within the week.

The Obama campaign's criticism centered on Clinton's decision to lend her campaign $5 million earlier this year, along with former President Bill Clinton's $20 million payout from supermarket holding company Yucaipa.

In conference calls with reporters, Clinton campaign spokesman Howard Wolfson accused the Obama campaign of unfounded negative attacks over the delay, noting that there were "20 years of Clinton tax returns in the public record."

The tax returns are the second of three batches of documents Clinton has come under pressure to release. Her scheduling records that date to her time as First Lady were released late last month. The list of major donors to the Clinton Presidential Library has yet to be released.

(Full statement below; complete returns are available here.)

Hillary and Bill Clinton Tax Returns
Statement of Jay Carson
Clinton Campaign Spokesman
April 4, 2008

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.

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 below:

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007
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Filed under: Hillary Clinton
soundoff (689 Responses)
  1. doug

    This is just what it is that angers me so much about politics. My retired mother in law, pro Clinton keeps sending donations to her campaign and saying poor poor Hillary, she needs the money. Meanwhile she scrapes by on retirement liveing while some rich politician keeps sending donation letters saying how badly the money is needed. If you've got it spend it and stop begging for money from people who need it.

    April 4, 2008 05:08 pm at 5:08 pm |
  2. Mark, Berwyn PA

    Holy crap! Ex-Prez Billy boy gets $1.2 mill out of my taxes for doing nothing (i.e. a pension!), and now his hillbilly wife wants to get the same cush deal; i.e. Ex-Prez pension bucks of another $1.2 mill! So, America, for the half-hearted efforts of these two hillbilly's, do you want TWO AND A HALF MILLION DOLLARS PER YEAR, FOR LIFE, to go into their pockets?
    Not me.
    Not me!!!!!

    April 4, 2008 05:08 pm at 5:08 pm |
  3. Monica

    People get the facts straight. It is 109 mil for 8 years for two people, most of which is BC's income. Stop being critical and in the gutter when you are suppose to be promoting the opposite. Perhaps it is the obamababies who are really tearing the party apart.

    Hillary '08

    April 4, 2008 05:08 pm at 5:08 pm |
  4. leo

    we need details of the tax release: 2 sources of income we need details

    April 4, 2008 05:09 pm at 5:09 pm |
  5. Pete

    btw I love the Hillary '09 people...please don't forget to vote for Hillary in 2009. lol

    April 4, 2008 05:09 pm at 5:09 pm |
  6. Daniel

    2000 – 2006 in my world adds up to 7 years, and not 8....

    April 4, 2008 05:09 pm at 5:09 pm |
  7. bea

    Are you HILL A Ry suppoter just blind or don't care that a Lie is a lie this is not the first it it a pattern and she makes them convenant when she is loosing ground she play on our the fears and those who still have weak minds that still look at color, race, and religion. All she care about is Hill (White House A (as quote by her in my White House we will know who wears the pants) Ry (It's my turn to add to the mess I got 35 years of practice!!!
    Go Obama 2008 politican yes this country this great country was forged by those who wanted change with no experience worked out pretty good don't you say!

    April 4, 2008 05:09 pm at 5:09 pm |
  8. Lanny Davis

    Hillary supporters ... you realize this is all Bills money, not Hillary's?
    I guess she can take credit for that like she tries everything else that Bill did. Look its good they released them they should have done so a long time ago. Why are you so pious about doing what Obama did weeks and weeks ago? And where's 2007?

    April 4, 2008 05:09 pm at 5:09 pm |
  9. dEMABRAT

    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

    April 4, 2008 05:09 pm at 5:09 pm |
  10. Marie in California

    Go Hillary! She writes good books, made money from them, and donated a HUGE chunk of her income to charity.....a bigger percentage than BHO did.

    She might be rich, but she really does care about the "little people" out there....always has, ever since she was a student with very little money, and she always will. Otherwise, she wouldn't be running for this office.

    As for her critics.....I don't know who is most anxious to "behead" her.....the Obama people or the mainstream (meanstream?) media like ABC, CBS, NBC and, especially, CNN. Or is there even a difference? (Oh, excuse me.....a titillating tingle ran up and down my leg when I wrote that.)

    No Obamination in the presidency!

    Hillary or McCain – 2008

    April 4, 2008 05:10 pm at 5:10 pm |
  11. She's Been Campaigning

    Yes, she gave ten million, but she also knew that she was running for president. The evil one does not fool me.

    April 4, 2008 05:10 pm at 5:10 pm |
  12. Ana

    "$109 Million in income! The Clinton's haven't a clue as to what it's like for us average Joe's and Joann's."

    Please- like the Obama's do??? Sooooo biased!

    April 4, 2008 05:10 pm at 5:10 pm |
  13. Call me Ishmael

    I just got to say you guy, all you guy’s supports of either Clinton or Obama make parents at their kid’s soccer game look good, heck you make European soccer fans look good.

    P.S. sorry if I have offended any soccer parents out there who do conduct themselves like adults, I unintentionally lumped you in with the rest. European soccer fans I am not so sorry if I offended you.

    April 4, 2008 05:10 pm at 5:10 pm |
  14. kenn

    Hillarry all the way, i think you should know that, she only has her taxes from 2000- 2006 not for 30 years like her campaign claims.Moreso,i think you clintonites, should read properply before posting: not to worry you guys are illitrates.

    April 4, 2008 05:10 pm at 5:10 pm |
  15. NoHillary

    Yes, but why was she taking so long to release them? You can't expect this stunt to exonerate her just yet.

    April 4, 2008 05:10 pm at 5:10 pm |
  16. Joanne

    She finally releases this info for all of you whining about it for weeks and all you can do is whine some more. Not one single other candidate has released this much info about anything. BE SURE to check out the charitable donations. That is truly impressive!!!

    And you thought she didn't care.........................YOU GO, GIRL!!

    April 4, 2008 05:10 pm at 5:10 pm |
  17. scott lymann

    TYPICAL –

    FOR YOU MORONS looking for details, why not click the link provided or are you too blinded by your hate to see?

    You people are bunch of sicko's who continue to attack attack attack. Why dont you disclose your tax records, why not even offer yourself up for an audit if you are so high and mighty?

    I am sure 1 letter from the IRS will send you spinning.

    For those with Obama/Richardson as their choice, get a clue -

    April 4, 2008 05:10 pm at 5:10 pm |
  18. bill pike

    LETS SEE, $100,000,000 INCOME FROM A SALARY AND PAID THE 10% THAT IS MAX. DEDUCTIBLE UNDER THE LAW OR $10,000,000. wonder who all those people were that gave clintons $100,000,000–like some kind of Gate???

    April 4, 2008 05:10 pm at 5:10 pm |
  19. I'm just sayin....

    Nice work if you can get it! Whooo! What I would do if I had me $100M....I guess I am in the wrong business.

    I'm just sayin...

    Obama '08, '12

    April 4, 2008 05:10 pm at 5:10 pm |
  20. Kareem from Hampton, Va.

    Wow! Its utterly amazing how nasty we can get! Hillary did what was asked! It is not set time for when the tax returns should be released so she did it! Im not surprised at all about the amount! Presidents do get pensions and they are a famous couple so Im not surprised! but the nasty remarks coming from both sides show how dumb this whole thing is getting! Clinton nor Obama would be satisfied with the comments made on this blog! Neither can we blame any of them for the vicious rants of some of your guys! Grow up people this is an election not a reality show!!

    April 4, 2008 05:10 pm at 5:10 pm |
  21. Devon

    Lol the Hillary fan club on here are so funny. Hello Obama didn't make nowhere near that much and he donated a higher percent of his income to charity then the Clintons. How can some one who makes that much these days honestly say they know how the average American feels? Oh and by the way he released his right when the Right wing Republican Clinton camp called for him to. I also wonder whats in the rest of her 1st lady papers and who donated to Bills library. Apparently words are very important and expensive in the world of the Clintons. All you HILLBILLY
    supporters need to grow up and stop crying so much. Only non true Democrats support someone who chooses the Republican nominee over their own party nominee. The 44th President will be Barack Obama.

    Obama 2008
    YES HE WILL!

    April 4, 2008 05:10 pm at 5:10 pm |
  22. Geoff in L.A.

    Anyone living in the USA who still believes that any politician is not making money hand over fist is living in the past. Obama lives in a multimillion $ house in Chicago but nobody is freaking out over that. How does that make him a normal bule collar guy?
    Like it or not Hillary is rich...get over it.
    How much $ does George Bush have/make? It is much more than you think but he will never have to tell...an he will go down in history as ruining this country.

    Hillary 08

    April 4, 2008 05:10 pm at 5:10 pm |
  23. gerard morei

    Obama supporters idiots, read the above information and you will see where the money come from, Book sales , speches and salaries, so don't be stupid and look for something that do not exist. A least they don't buy houses with criminals.
    HILLARY ALL THE WAY FOR PRESIDENT 2008!!!!
    WE WILL GET STRONGER AAND SHE WILL WIN THIS ELECTION.
    ALL HILLARY SUPPORTERS START TO SEND MONEY FOR HER CAMPAIGN NOW!!!!!!

    April 4, 2008 05:10 pm at 5:10 pm |
  24. John

    10 million in charity....is tax avoidance people. Rich people HAVE to spend a certain amount to avoid the IRS taking it. I would bet you that most of the charities include a former client (under the table money with future benefits) or their own sponcered charity.

    April 4, 2008 05:10 pm at 5:10 pm |
  25. nick

    Donations to charities are tax-deductible...duh

    But seriously, who cares about any of this. She needs to drop out of the race already to unite our party. DEMOCRATS UNITE NOW!!!!

    Otherwise we'll have 4 years of McBush in the white house..."Using the same failed policies for over 8 years"

    April 4, 2008 05:10 pm at 5:10 pm |
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