Federal income tax returns from 2007 through 2014 for Hillary Rodham Clinton and her husband, former President Bill Clinton, show a surge in earnings in recent years and provide new details on aspects of their business dealings.
THE TOP LINE
The Clintons earned $139.1 million over the past eight years, a period that spanned Hillary Rodham Clinton’s term as secretary of state.
The returns show numerous paid speeches and appearances by her husband around the world and her own stint as a private speaker after she resigned from her diplomatic post in February 2013.
The couple paid nearly $44 million in federal taxes and donated nearly $15 million to charity.
The returns show that the Clintons paid an overall federal tax rate of 31.6 percent during those years.
That rate is high among American taxpayers. The Clintons’ donations to charity - including the Bill, Hillary and Chelsea Clinton Foundation - along with other expenses and deductions, helped lower their tax liabilities.
The Clintons’ donations to charity have been rising since the mid-2000s, according to the returns. The couple donated nearly 11 percent of their income in 2014 compared to 5 percent in 2003.
In 2013, the Clintons donated $3 million to their personal charity, the Clinton Family Foundation. In turn, this year, that personal charity boosted the couples’ stake in their global foundation, the Clinton Foundation, to between $5 million and $10 million, according to foundation records made available earlier this week.
The couple made nearly $23 million from speaking fees in 2013. Typically making at least $100,000 for an appearance and sometimes as much as $500,000, the Clintons kept up a hectic schedule that year and again in 2014, when they earned $20 million.
The returns also provide new details about Bill Clinton’s non-speech sidelines. In 2014, he made more than $6.3 million working for two education organizations.
Copyright © 2022 The Washington Times, LLC.