TaxProf Blog

Editor: Paul L. Caron, Dean
Pepperdine University School of Law

Saturday, August 1, 2015

Hillary Clinton Releases Her 2007-2014 Joint Tax Returns Reporting $139 Million Income; 99% Of Charitable Contributions Went To Clinton Family Foundation

Clinton 3Hillary Clinton late Friday afternoon released her 2007-2014 tax returns, showing that she and Bill reported $139.1 million in adjusted gross income, paid $43.9 million in taxes (a 31.6% tax rate), and made $15 million (10.8% of their AGI) of charitable contributions, $14.9 million of which went to the Clinton Family Foundation and the Clinton Global Initiative.

I previously blogged the Clintons' tax returns for prior years:

2000-2006:

Clinton 2

1992-1999:

Clinton 1

https://taxprof.typepad.com/taxprof_blog/2015/08/hillary-clinton-releases-her-2007-2014-tax-returns.html

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Comments

I'm going to establish a PD Quig Global Initiative charitable organization. I'm going to write off 10% of my annual income by contributing to it. The QGI will employ my friends and other politically like-minded individuals while they wait for my presidential campaign to be formed.

Posted by: PD Quig | Aug 1, 2015 7:11:49 AM

Impressive Schedule C income. Maybe they should hire Edwards for some tax planning advice about S Corps.

Posted by: Dale Spradling | Aug 1, 2015 9:35:24 AM

Nothing says "honest" like a career politician whose income tops $20M. Voting for this creature would be almost as stupid as voting for Sanders, which would be almost as stupid as voting for Obama.

Posted by: anon | Aug 1, 2015 9:49:07 AM

What's the "section 4 trust" on schedule E?

Posted by: John Tucker | Aug 1, 2015 10:17:15 PM

"Article 4 Trust"

Posted by: John Tucker | Aug 2, 2015 5:11:04 PM

Hey, they're tithing! Not many Christians give a full 10%.

Although, if more Christians had charitable foundations, the number might well go up. Or atheists, for that mattter ....

Posted by: Fred Bartlett | Aug 2, 2015 6:27:26 PM