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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (5671)1/27/2009 9:34:08 AM
From: Bald Eagle1 Recommendation  Read Replies (1) | Respond to of 103300
 
Local charities, I guess, then filed 4 or 5 dollars a pair as a tax deduction.



To: GROUND ZERO™ who wrote (5671)1/29/2009 5:59:18 PM
From: sandintoes  Respond to of 103300
 
Oh you've certainly heard that..

Clintons release federal returns

Buzz up!Bill and Hillary Clinton have come a long way since claiming $1 and $2 tax deductions for donating their used underwear to charity in the 1980s, earning $109 million between 2000 and 2007 and giving $10.3 million of it to charitable causes.

The joint federal income tax return figures, released yesterday by the Clinton campaign, show that the couple made $20.4 million last year and paid $5.1 million in federal income taxes — giving $3 million in charitable donations, including $1 million from the proceeds of Mr. Clinton's new book "Giving."

The release, held until late yesterday afternoon, comes five weeks after Mrs. Clinton promised to make public the documents during a televised presidential debate. She had resisted doing so for a long time, despite the fact she made her opponent's tax returns an issue during her 2000 Senate race against Republican Rick Lazio.

"The Clintons have now made public 30 years of tax returns, a record matched by few people in public service," said campaign spokesman Jay Carson. "None of Hillary Clinton's presidential opponents have revealed anything close to this amount of personal financial information."

The multimillion-dollar income puts the couple in a new league from their days when Mr. Clinton served as governor of Arkansas and Mrs. Clinton was a lawyer at Little Rock's Rose Law. Back then, she annually donated dozens of bags of clothing — hers, Bill's and daughter Chelsea's — to Goodwill, the Salvation Army and local shelters and charities, taking the time to personally list and value each item.

The yearly totals ran between $1,000 and $2,300 in tax-deductible donations. In addition to Bill and Chelsea's underwear, Mr. Clinton's used undershirts were priced at $3 each and his used running shoes at $10.
washingtontimes.com