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Hillary, Bill report total income of $140 mn in 2007

Updated: August 2nd, 2015, 00:21 IST
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Reuters

Washington, August 1: Democratic presidential candidate Hillary Clinton and her husband, former President Bill Clinton, Friday reported income approaching $140 million over the last eight years, providing evidence of the vast wealth they have accumulated. Their tax records showed that in 2013, the Clinton duo delivered six-figure speeches that reaped nearly $23 million. Clinton, the front-runner in the race for the Democratic presidential nomination in 2016, released her family’s tax returns from 2007 to 2014.

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  The Clinton camp said the release was in keeping with a commitment for transparency. Hillary Clinton is struggling to overcome questions about her honesty that have arisen from a controversy over her use of a private email server for official business as secretary of state from 2009 to 2013. A Quinnipiac University poll this week said 57 per cent of voters see Clinton as not honest and trustworthy.

  The Clintons’ adjusted gross income over the period was just shy of $140 million. With deductions factored in, their taxable income was about $111 million. She said they paid $43.9 million in federal taxes and made almost $15 million in charitable contributions over the period. All but about $200,000 of the money they gave as charity was distributed through the Clinton Family Foundation.

 

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