MainStreet.com: Clintons Release Their Tax Secrets

Since they left the White House, they have grossed $109 million.
By MainStreet.com Staff ,

It may take a village to raise a child, but

it only took Barack Obama's openness

to get the Clintons to release their tax returns.

Late Friday, April 4, the Clintons finally unveiled their tax returns from 2000 to 2007 --

click here

to get the full info release, or scroll down -- and it turns out that since they left office, the duo have grossed $109 million.

Here are the Clintons' biggest hauls:

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

Our favorite part? That he still collects a pension! We were convinced that no one still got those anymore. Very retro.

And, why did they release the info on Friday afternoon? Check back on

MainStreet.com

on Monday morning when we'll tell you the best time for you to release your sensitive news. We'll also tell you how you can make some extra coin giving speeches. Maybe not $51.8 million worth, but something.

Have a good weekend! Considering what the Clintons made for putting pen to paper, it might be a good time to get back to writing that book!

Clinton Release on Taxes

Statement of Jay Carson, Clinton Campaign Spokesman

Today Senator Hillary Clinton and President Bill Clinton are releasing their tax returns for the years 2000 through 2006, and are providing information regarding their 2007 taxes as well.

The Clintons have now made public thirty years of tax returns, a record matched by few people in public service. None of Hillary Clinton's presidential opponents have revealed anything close to this amount of personal financial information.

What the Clintons' tax returns show is that they paid more than $33,000,000 in federal taxes and donated more than $10,000,000 to charities over the past eight years. They paid taxes and made charitable contributions at a higher rate than taxpayers at their income level.

2000 - 2007 TAX RETURN SUMMARY HILLARY & BILL 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.

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.

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