Clinton releases tax returns
[cnn-photo-caption image= http://i.cdn.turner.com/cnn/2008/images/04/01/art.clinton0401.ap.jpg caption="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
Paid for by Hillary Clinton for President Terms of Service | Privacy Policy | Contact Us
From CNN Politics
- Moderate-turned-MAGA Rep. Elise Stefanik's stock is rising in Trump world
- Results are in: Best Balance Transfer card of 2022
- Why Republicans feel little political pressure for stricter gun control
- Biden's ATF pick vows 'politics can play no role in law enforcement' during Senate hearing
- The country's mood is *incredibly* negative right now
- Untitled
Hello America, she can pay for her own selfish campaign. I would feel really used if I were a Clinton supporter–hiking around for this multi-millionaire wannabe prez.
Yes, what do you get for the woman who has everything, I know the presidency.
oh god, now what are obama and cnn going to wine about? well, guys lets hear it. gee, did she make too much? or maybe there is a payment you don't agree with. well, lets go! we are ready for all you got. hey, wht don't you fight didty. oh now wait, you already did that. i have to think about this one.
Haha....the Clintons believes are supporters are zombies....and the Clintons might be right.
Just reading what they post here proves her right.
iS IT the 'LIQUID PAPER PARTY'
How can Clintons say they 're for the poor...look at such amount of money they made-wake up America....this family is for deceit.....
To be exact!!
Obama and Michelle made $1 Million in 2006 with most of it coming from the sale of his book, Audacity of Hope.
The Obama's gave a total of $204,000 in 2006. Clinton supporters–I'll let you do the math.
The Clintons' donations were over a span of 8 years!! That's Nothing!!!
I have told Obama people over and over that the Clintons were known for donating millions to charities and churches. Now the proof is in the pudding.
Obama did questionable real estate deals with slumlord Rezko while the Clintons donate millions to causes.
Obama hardly votes in the senate and has a very poor voting record for his attendance. Hillary three days after becoming first lady started working on healthcare.
Obama people need to wake up to reality!
The speeches Bill gives, are a lot of times, to large companies and corporations that pay him big bucks to speak. What if some of the things Bill had done in the past to favor these businesses and they are paying him back for a "speech" later on. Just a few days ago it was said that Bill has made close to 50 million on speeches alone. Wonder what great companies and corporations he spoke to?
To cover the Mark Penn Issue.
MANIPULATIVE
I agree with you, Deb . To be honest with you I wouldn't do what she is doing. She is an amazing woman. I don't know whers she gets the strength to continue this fight for the nomination.
She's the best .She will be the best President this country has ever had! She doesn't need to go through all this aggravation.
Is there a conspiracy on MSNBC against the Clintons. Chris Matthews ought to fired! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
obama talks of a new nation.......................
how is he going to get all his nasty supporters to change
this is such a joke
As an older, seasoned, white woman with little to live on each day, I feel so disturbed that Hillary lied and told me that she could relate to my pain and know what it feels like to work hard just to get by. I am going to switch my vote to Obama, because his wife, Michelle, seems like a nice young lady, and she came from the south side of Chicago, which was/is a very poor area. Maybe Obama can relate to what I am going through. Maybe this hope and change is something I can believe in.
Go ahead Obama`s supporters ...do you dirty homework...
Someone post the a link to the Penn story you are speaking of. I am already unsure of Hillary as her lies are overwhelming and she keeps getting caught in more. I think she learned well from former Pres. Clinton. Wake up America...I am believing this lady is quite vicious and definitely her agenda is divisive for this country.
Gee, thanks Hillary, now what about the Clinton Library donors, hmmm?
I'm for Obama and i'm not going to whine or cry but I would like their job. I figured she would eventually put them out there. Please stop comparing apples to oranges when it comes to the charity issue. If I was bring in 109M in seven years you can best believe I will give 10% of my income. People tend to forget that you can claim your charity on your taxes...they got most of that money back from the federal and state government. What I would like to see is their investments (since they're not included in the nifty little breakdown they provided) and since I can't see the returns here...i'm going to join HRC site to pull them up.
One Love
Idiots, they have already released taxes in the past ,for a total of 30 years. These are the last of their returns. What do you think Bill makes for a speaking engagement? How about the books they have written. Think they didn't get paid for thoses? they have given more to charity then the precious Obama.
Hillary is who I want running things, easy to see why she is confident!!!!
I wish I could make 109 Million and still think I could speak for the blue collar worker. How about this? I will switch jobs with her and let her understand reality. Didn't think so. She has lost my vote!!!
what about list of presidential library donors. Why must you wait to be pressured to realease them? MARK PENN !!!!!!!!!!1
51 Million dollars for SPEECHES??? More like pay offs in diguise for favors done while he was president. From a moderate Arkansan to a 109 million dollar family...something funny about that.
Perfect timing though to distract us from Mark Penn and his Columbian dealings (no pun intended). Like HRC said there are no such thing as pledged delegates so...Ohio delegates can change their mind in light of NAFTA in Canada and Columbia revelation.
At this point only a stupid person would vote for this manipulative lady.
40 years ago MLK was murdered. Today we honor his memory and his legacy. I don't think timing the release of HRC's tax returns today serves his memory.
Hillary get it together. BTW get rid of Penn while you are at it. He lost the election for you anyway. This broke it for me.
Obama all the way.
a mere $14 million per year .. does NYS pay her that much?
I KNOW .. Bill earns SOME of it.. or MOST of it..
Lets talk about obama dropping in the polls
Young mothers being punished with a baby
His gun control flip flop
War flip flop
Nafta Flip flop
No wonder he votes present
obama talks of a new nation…………………..
how is he going to get all his nasty supporters to change
this is such a joke
Are you people completely dimwitted and without gray matter. Bill Clinton is an ex-president. He makes tons of money just talking!