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Clintons ‘Earned’ $109 Million Last 7 Years

From an understanding Associated Press:

Clintons report $20.4M in 2007 income

By JIM KUHNHENN, Associated Press Writer

WASHINGTON – Sen. Hillary Rodham Clinton and former President Clinton reported $20.4 million in income for 2007 and more than $109 million since 2000 as they gave the public the most detailed look at their finances in eight years. Almost half the former first couple’s money came from his speeches.

The campaign released tax returns from 2000 through 2006 and gave highlights from their 2007 return. The Clintons have asked for an extension for filing their 2007 tax returns, citing the dissolution of a blind trust last year.

The Democratic presidential candidate and her husband paid $33.8 million in taxes from 2000 through 2007. They listed $10.25 million in charitable contributions during that period…

The Clintons last made their returns public in 2000 when they reported an adjusted gross income of $416,039. Since then, the former president has embarked on a number of business ventures and has made millions from speaking engagements.

According to a summary of the seven years provided by the campaign, the former president’s speech income since he left the White House totals $51.85 million and his income from his two books — "My Life " and "Giving" — totals $29.6 million. Bill Clinton has traveled the world, giving paid speeches to multinational corporations, investment banks and motivational groups.

Hillary Clinton had $10.5 million in book income over the period from her book "Living History." She donated earnings from her other book, "It Takes a Village," to charity.

Clinton’s tax returns show that of the remaining presidential candidates, she is the one most able to access large amounts of personal money. She lent her campaign $5 million in late February and could contribute more if she finds herself falling far behind Obama’s proficient fundraising…

Gee, another Clinton patented late-Friday-afternoon-news-drop.

Still, what do you expect from a couple who can turn $1,000 into $100,000 overnight in the cattle futures market simply by reading the Wall Street Journal.

Meanwhile Mrs. Clinton is calling for a cabinet-level "poverty czar."

Maybe the solution is for all of us to be signed up to Bill’s influence peddling "speaker bureau."

This article was posted by Steve on Friday, April 4th, 2008. Comments are currently closed.

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