cwo_ghwebb
No Use for Donk Twits
New York Senator Hillary Clinton and her husband spend a lot of time on the Presidential trail deploring the "wealthy" and "well-connected." As their newly released tax records for 2000 to 2007 show, they know of whom they speak.
The former, and perhaps future, first couple earned $109 million over the past eight years, putting them among the top .01% of taxpayers. Apparently the Bush years haven't been a Depression era for everyone. The bulk of the Clintons' income came from speech-making ($51.9 million) and book-writing ($29.6 million), and it's hard to begrudge their desire to cash in on the Presidency after toiling for so many years in public service. The Clintons are hardly unique in showing that in today's Washington you can do very, very well after you've done good.
Alas, yes. Senator Clinton's main tax proposal is to repeal the tax cuts of 2001 and 2003, raising rates to the levels of the Clinton Presidency. "We didn't ask for George Bush's tax cuts. We didn't want them, and we didn't need them," Mrs. Clinton explained.
With friends like Mr. Burkle, clearly they didn't. But her higher tax rates wouldn't merely hit those who make $109 million; they'd soak middle-class families that make $100,000 or $200,000 a year and hardly feel "rich." If the former first lady feels so strongly that she should pay more taxes, we suggest she lay off the middle class and instead write a personal check to the U.S. Treasury for the difference between the Clinton and Bush tax rates. She and her husband can afford it.
The Clinton's Foundations, donors and recipients are interesting reading. These folks have fine tuned their political machine.
Clinton Tax Lessons - WSJ.com
The former, and perhaps future, first couple earned $109 million over the past eight years, putting them among the top .01% of taxpayers. Apparently the Bush years haven't been a Depression era for everyone. The bulk of the Clintons' income came from speech-making ($51.9 million) and book-writing ($29.6 million), and it's hard to begrudge their desire to cash in on the Presidency after toiling for so many years in public service. The Clintons are hardly unique in showing that in today's Washington you can do very, very well after you've done good.
Alas, yes. Senator Clinton's main tax proposal is to repeal the tax cuts of 2001 and 2003, raising rates to the levels of the Clinton Presidency. "We didn't ask for George Bush's tax cuts. We didn't want them, and we didn't need them," Mrs. Clinton explained.
With friends like Mr. Burkle, clearly they didn't. But her higher tax rates wouldn't merely hit those who make $109 million; they'd soak middle-class families that make $100,000 or $200,000 a year and hardly feel "rich." If the former first lady feels so strongly that she should pay more taxes, we suggest she lay off the middle class and instead write a personal check to the U.S. Treasury for the difference between the Clinton and Bush tax rates. She and her husband can afford it.
The Clinton's Foundations, donors and recipients are interesting reading. These folks have fine tuned their political machine.
Clinton Tax Lessons - WSJ.com
