After being taunted by Democratic rival Barack Obama, Bill and Hillary Clinton have finally released some of their tax returns, which show the Democratic power couple raking in $109 million over the past eight years and donating $10.2 million to charity.
As usual with the Clintons, however, there is less — and more — than first meets the eye. More than half of the Clintons’ charitable tax write-offs went to the Clinton Family Foundation, based in their Chappaqua, N.Y., home. Bill is foundation president, Hillary its secretary and treasurer, and daughter Chelsea a director. Veteran Clinton watchers aren’t surprised that the Clintons are their own favorite charity or that Hillary failed to list her own home-based foundation on her annual Senate disclosure forms at least five times. When Republicans do this kind of thing, it’s called a tax dodge or worse.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Already a member? Log in
