CLINTON TAX RETURNS REPORTED BY CNN: CHARITY DEDUCTIONS TO CLINTON FOUNDATION OMITTED

Posted on August 12, 2016

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CNN: “After hammering Donald Trump on the campaign trail for refusing to reveal his tax returns, Hillary Clinton released her latest federal income tax return Friday, showing she and Bill paid roughly a third of their multi-million dollar income to Uncle Sam.”

The Clintons pulled in $10.6 million in 2015, much less than the nearly $28 million they made the year before.
Their tax return showed that they paid $3.24 million in federal income taxes.
That means their effective tax rate — a measure of their income tax burden — was 30.6% based on their adjusted gross income
.”

Information on the Clinton’s 2015 tax return shows earnings of $10,745,000 and charitable deductions of $1,042,000. The majority of earnings came from speeches (pay to play), and those donations went to the Clinton Foundation.

Charities are often evaluated on what percentage of a dollar donated actually goes to the charity itself. The Clinton Foundation is about 15% according to Charity Navigator, part of their monitor list. How much goes into Hillary’s pockets?

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Fox: Hillary Clinton’s tax return shows $10.6M in income, 31% rate — and puts pressure on Donald Trump
DC: Clinton Foundation Put On Charity ‘Watch List’

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Posted in: News, Politics