Clintons Release Tax Returns – Here Are Most of the Details


clintons.jpg After weeks of pressure from the media and the Obama campaign, the Clintons have released their tax returns from 2000-2007. If you’re a financial voyeur, you can read them all in pdf form here.

Over the last eight years, the Clintons have made roughly $109 million, have paid roughly $34 million in taxes, and have donated over $10 million to charity.

The Friday afternoon news dump is usually used to catch the media and its readership/viewership off-guard: nobody writes, reads, or watches much news going into a weekend. But these tax returns have been a hot topic in the presidential race for ages. Much scrutiny will be applied to the sources of the Clintons income over the next several days, primarily because of questions about whether Bill Clinton’s worldwide business dealings allow nefarious interests to try and curry favor with the husband of a potential future president.

The Clintons asked for an extension on their 2007 taxes, meaning we don’t know what the former President has been up to in the last year. The campaign did list some sources of income, including $150,200 from Senator Clinton’s salary and $186,600 from President Clinton’s pension. Less transparently, there is also $2,750,000 from unspecified “partnership income” and $400,000 from “advisor income” from a sketchy company called InfoUSA.

On this issue, the Clinton campaign does have a legitimate gripe with the media: reporters have not been good about presuming innocence. That said, the campaign fueled speculation about the tax returns’ contents by not releasing them, despite endless calls for them to do so, and not providing a reason for why.

Note: Prior to this, the last time the Clintons released their tax returns (which has been the norm in presidential politics since the 1970s) was in 2000 when they made $416,039. They’ve certainly seen an income uptick.

OUR NEW CORRUPTION PROJECT

The more we thought about how MoJo's journalism can have the most impact heading into the 2020 election, the more we realized that so many of today's stories come down to corruption: democracy and the rule of law being undermined by the wealthy and powerful for their own gain.

So we're launching a new Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption. We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We'll publish what we find as a major series in the summer of 2020, including a special issue of our magazine, a dedicated online portal, and video and podcast series so it doesn't get lost in the daily deluge of breaking news.

It's unlike anything we've done before and we've got seed funding to get started, but we're asking readers to help crowdfund this new beat with an additional $500,000 so we can go even bigger. You can read why we're taking this approach and what we want to accomplish in "Corruption Isn't Just Another Scandal. It's the Rot Beneath All of Them," and if you like how it sounds, please help fund it with a tax-deductible donation today.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate