Hillary, Bill Clinton earn over $139M between 2007-14


In a statement released by her campaign, since she rarely speaks to the media, Hillary Clinton noted the couple paid nearly $44 million in federal taxes on $139.1 million in income since 2006.

The Associated Press has estimated the Clintons made nearly $50 million from speeches alone since 2000:

 

The Clintons donated nearly 11 percent of their income to charity in 2014, according to her tax return. This year, the Clintons boosted personal donations to their global family charity, the Clinton Foundation, to between $5 million and $10 million.

Clinton used the occasion to reinforce her call from earlier this month for tax code reforms that would tighten restrictions on corporate profits and tax benefits for wealthy Americans. The federal tax code, she said, is “full of loopholes that allow the wealthiest Americans and most powerful corporations to game the system and avoid paying their fair share.”

The entire piece is here.

Clinton also repeated her promise to end “carried interest” ambiguities in federal taxes if elected president. Carried interest, or the share of incomes from an asset fund paid to the fund manager, is taxed as the lower capital gains rate of 15 percent instead of as ordinary income, which could range between 20 and 36.9 percent. But, somehow we all know that, like so many other things she touts, none of this will apply to her.

 

 

 

 



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