ICYMI: Hillary's Really Not 'Dead Broke'

Posted: Aug 03, 2015 8:45 PM
ICYMI: Hillary's Really Not 'Dead Broke'

Yeah, I know this isn’t a shock, but Hillary Clinton isn’t “dead broke.” Those infamous words uttered during her interview with ABC’s Diane Sawyer in June of 2014 seem to plague the campaign, though it’s hardly enough to shift any Clintonites away from her. It nevertheless provides Republicans and Hillary’s Democratic opponents with some nice ammunition to use against her.

In all–and to no one’s surprise–the Clintons are loaded; they’re rolling in it; and they made $141 million between 2007 and 2014 (via CNN):

Hillary and Bill Clinton earned nearly $141 million over the course of eight years and paid $43 million in federal taxes, according to tax returns her campaign released Friday.

In a lengthy statement and on her campaign website, Clinton detailed that she and her husband, former President Bill Clinton, paid more than $43 million in federal taxes from 2007 to 2014, over $13 million in state taxes and donated nearly $15 million to charity over the same period.

The couple earned a total of $140.9 million, with an adjusted gross income of $139.1 million, the returns show.

Clinton said she and her husband paid an effective federal tax rate of 35.7 percent and a combined federal, state, and local effective rate of 45.8 percent last year.

We've come a long way from my days going door-to-door for the Children's Defense Fund and earning $16,450 as a young law professor in Arkansas -- and we owe it to the opportunities America provides," Clinton wrote in the release.

Hey, I like the something out of nothing narrative too. It’s indelibly American, but the donors who stuff her war chests are hardly stalwarts of the proverbial little guy.

That eight-year period, we know that she wasn’t on her way to the poor house; we all knew this. Moreover, then-former President Bill Clinton was making–on average–$24,000 a day within the first few months of leaving officer in 2001. It’s beyond patently false, which is why many Clinton supporters described the remarks as disastrous. Her little tidbit about her meager salary from her Arkansas lawyer days will probably do little to improve her favorability, trust, and competence numbers, which are appalling.

Nevertheless, the weekend document dump also said the former first lady is in excellent health. At the same time, after a year since the “dead broke” comments, it may be the one that might cause Clinton the most grief, as it’s still fresh in most people’s minds, according to the NYT’s Maggie Haberman. Let’s see how this turns out; we still have a long way to go before 2016 is over.

Hillary and Bill's income from speeches for 2013 are also included. It's quite massive as well.