RunInRed 18,089 Posted April 4, 2008 Share Posted April 4, 2008 John McCain, you're up. 2000-2007 TAX RETURNS SUMMARY BILL AND HILLARY CLINTON 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. http://www.hillaryclinton.com/feature/returns/ Link to comment Share on other sites More sharing options...
BamaGrad03 0 Posted April 4, 2008 Share Posted April 4, 2008 John McCain, you're up. 2000-2007 TAX RETURNS SUMMARY BILL AND HILLARY CLINTON 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. http://www.hillaryclinton.com/feature/returns/ According to you, charitable giving doesn't count when you are already well off... Link to comment Share on other sites More sharing options...
RunInRed 18,089 Posted April 4, 2008 Author Share Posted April 4, 2008 What? Link to comment Share on other sites More sharing options...
BamaGrad03 0 Posted April 4, 2008 Share Posted April 4, 2008 What? Do I need to bring back your comments about Cheney's charitable giving? The Clinton's had money by the year 2000...so just like Cheney, their contributions don't count...right? Link to comment Share on other sites More sharing options...
RunInRed 18,089 Posted April 4, 2008 Author Share Posted April 4, 2008 What? Do I need to bring back your comments about Cheney's charitable giving? The Clinton's had money by the year 2000...so just like Cheney, their contributions don't count...right? Yes, please bring back my quotes. I never said Cheney's charitable giving did not count. All I said was that it was apples and oranges trying to compare him to Obama b/c they were at different points in their lives. As for the Clintons, I could careless what they do. Link to comment Share on other sites More sharing options...
BamaGrad03 0 Posted April 5, 2008 Share Posted April 5, 2008 What? Do I need to bring back your comments about Cheney's charitable giving? The Clinton's had money by the year 2000...so just like Cheney, their contributions don't count...right? Yes, please bring back my quotes. I never said Cheney's charitable giving did not count. All I said was that it was apples and oranges trying to compare him to Obama b/c they were at different points in their lives. As for the Clintons, I could careless what they do. Then why the thread? Link to comment Share on other sites More sharing options...
RunInRed 18,089 Posted April 5, 2008 Author Share Posted April 5, 2008 What? Do I need to bring back your comments about Cheney's charitable giving? The Clinton's had money by the year 2000...so just like Cheney, their contributions don't count...right? Yes, please bring back my quotes. I never said Cheney's charitable giving did not count. All I said was that it was apples and oranges trying to compare him to Obama b/c they were at different points in their lives. As for the Clintons, I could careless what they do. Then why the thread? B/c it's relevant to the election season and relevant to the conversations we've had recently on this board. Both Democratic candidates have now released their tax returns. I'm still not sure why the focus has been solely on the charitable contribution part...I believe it was TM saying "so and so" wasn't giving enough or "practicing what they preached." Again, I started the thread b/c it's relevant and I also stated, that we're now only waiting on McCain. Link to comment Share on other sites More sharing options...
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