US presidential hopeful Hillary Clinton and her husband reported a combined income of $109 million between 2000 and 2007. The declaration followed demands for transparency from her Democratic rival, Barack Obama.
Hillary and Bill Clinton earned a combined 109 million dollars between 2000 and 2007, revealed in tax returns released after demands for transparency from her Democratic foe Barack Obama.
The records show the former first couple, who were not wealthy until they left the White House, paid 33 million dollars in federal taxes, at a 31 percent tax rate, and made 10 million dollars in charitable donations.
The former president piled up 51 million dollars in income for speaking engagements over the period, noted in tax returns from 2000 to 2006 and estimated accounts for 2007.
Senator Clinton made 10.5 million dollars from her book "Living History" while former president Clinton made 29.5 million dollars in book income, including 23 million for his memoir "My Life."
In total, the couple grossed 109,175,175 dollars over the period, including Hillary Clinton's Senate salary and the former president's pension.
"The Clintons have now made public 30 years of tax returns, a record matched by few people in public service," said Clinton spokesman Jay Carson in a statement.
Political enemies of the Clintons are now likely to scour the records for evidence of conflicts of interest between the New York senator's public life, and her husband's huge business earnings.
Obama released his tax returns for the years 2000 to 2006 in March, showing that his combined income with wife Michelle rose from 245,000 dollars in the first year to nearly a million dollars in 2006.
Their best year was 2005, when their joint income was 1.6 million dollars, which included money from the Illinois senator's bestselling book "Dreams from My Father."
Date created : 2008-04-05