| We hope you enjoy your visit. You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free. Join our community! If you're already a member please log in to your account to access all of our features: |
| The Clintons Donated Lots of Money to… Themselves | |
|---|---|
| Tweet Topic Started: Aug 14 2016, 08:17 PM (639 Views) | |
| Berton | Aug 14 2016, 08:17 PM Post #1 |
![]()
Thunder Fan
![]() ![]() ![]()
|
The Clintons Donated Lots of Money to… Themselves Charity really did begin at home, aka The Clinton Foundation It turns out the Clintons have been very charitable in their giving. The ironic part is that their own foundation was the greatest beneficiary of their philanthropy. CNBC reports: Clintons made $10.6 million in 2015, paid federal rate of 34% Hillary and Bill Clinton released their 2015 tax returns on Friday, showing they paid $3.6 million in taxes on adjusted gross income of $10.6 million. The release appeared to be aimed at drawing renewed attention to Donald Trump’s refusal to release his own tax records. The Clintons deducted $2.24 million last year, and paid an effective federal tax rate of 34.2 percent and an effective combined tax rate of 43.2 percent. They gave 9.8 percent of their adjusted gross income to charity, according to a campaign release. Of the the $1,042,000 the Clintons gave to charity as listed on their return, $1 million of that went to the Clinton Family Foundation. The other $42,000 went to Desert Classic Charities. That’s a pretty good racket. Charitable donations to your own family foundation. Hillary Clinton thinks releasing this information has given her leverage to criticize Trump. That’s rich coming from someone who won’t release the transcripts of her Wall Street speeches. This is all straight out of the 2012 playbook. As you may recall, Harry Reid spent every waking moment accusing Mitt Romney of being a tax cheat. Rush Limbaugh had a good time commenting on the way CNN framed the story of the Clintons’ returns: Clinton News Network Hilariously Reports on Clinton Tax Returns Hillary Clinton has released — well, the Clintons have released — their tax returns. Some conflicting reporting. The first report was a 42% combined tax rate. Now they’re saying it’s effectively 30%. But here’s the deal: 96% of Hillary’s charitable donations went to the Clinton Foundation! (laughing) Yeah, 96%, they donated to themselves, and CNN just said, “Oh, look how much they give to charity! Aren’t they so wonderful?” Yeah. You know, it was the funniest thing to listen to CNN talk about the Clintons’ tax returns. The infobabe was saying, “You know, Wolf, it’s really, really striking here that Clinton’s income in 2014 was nearly $30 million, and mysteriously, Wolf, their income last year dropped to only $14 million. That’s really, really strange, Wolf, I wonder. And then, Wolf, you know, 60% of the Clinton income came from Bill Clinton doing speeches.” And I’m looking at this infobabe and thinking, “Do you think we’re idiots here? You don’t think we understand that they could turn their income spigot off the year before she’s gonna run for president and do it on purpose?” The woman that made $20 million in two years doing speeches? And then they were raving about how much money Hillary gives to charity. They didn’t tell us that 96% of Hillary’s charitable donations went to the Clinton Foundation. (laughing) I mean, you have to marvel at it. LINK Yes it is quite a racket. Donate to a foundation and get a deduction then spend the money in the foundation on themselves. |
![]() |
|
| Pat | Aug 14 2016, 11:31 PM Post #2 |
|
Fire & Ice Senior Diplomat
![]() ![]() ![]()
|
It's their money so they can give it to themselves. If the IRS under another president finds the foundation to not be charitable, then they can pay back taxes and interest. I'm sure their supporters are happy to see that they gave $42,000 to charity. You know, they care so much about those in need.
|
![]() |
|
| Stoned | Aug 15 2016, 12:06 AM Post #3 |
Fire & Ice Senior Diplomat
![]() ![]() ![]()
|
Perhaps you ought to educate yourselof so you do not sound so foolish. It might go over big with y9our right wing friends but ou9t in the real world you just sound silly. Another philanthropy watchdog, CharityWatch, a project of the American Institute of Philanthropy, gave the Clinton Foundation an “A” rating. Daniel Borochoff, president and founder of CharityWatch, told us by phone that its analysis of the finances of the Clinton Foundation and its affiliates found that about 89 percent of the foundation budget is spent on programming (or “charity”), higher than the 75 percent considered the industry standard. By only looking at the amount the Clinton Foundation doled out in grants, Fiorina “is showing her lack of understanding of charitable organizations,” Borochoff said. “She’s thinking of the Clinton Foundation as a private foundation.” Those kinds of foundations are typically supported by money from a few people, and the money is then distributed to various charities. The Clinton Foundation, however, is a public charity, he said. It mostly does its own charitable work. It has over 2,000 employees worldwide. http://www.factcheck.org/2015/06/where-does-clinton-foundation-money-go/ |
![]() |
|
| Brewster | Aug 15 2016, 12:11 PM Post #4 |
![]()
Fire & Ice Senior Diplomat
![]() ![]() ![]()
|
Pat's been sounding foolish often lately - problems at home, Pat? |
![]() |
|
| Banandangees | Aug 15 2016, 07:23 PM Post #5 |
|
Fire & Ice Senior Diplomat
![]() ![]() ![]()
|
It's hard to believe that some people are so gullible, so tilted, that they actually think the Clintons are people of high moral character. |
![]() |
|
| Stoned | Aug 15 2016, 08:25 PM Post #6 |
Fire & Ice Senior Diplomat
![]() ![]() ![]()
|
Keep throwing Schit. Some may stick. More likely you will be buried in that which doesn't. |
![]() |
|
| Neutral | Aug 15 2016, 08:29 PM Post #7 |
|
Fire & Ice Senior Diplomat
![]() ![]() ![]()
|
You can call facts schit if you like but what we know should keep anyone from voting for Hillary. |
![]() |
|
| Berton | Aug 15 2016, 09:12 PM Post #8 |
![]()
Thunder Fan
![]() ![]() ![]()
|
Yes, they use foundation money to fly themselves all over the world and stay at the best resorts and eat the highest priced food. All in the name of charity. |
![]() |
|
| Stoned | Aug 15 2016, 09:15 PM Post #9 |
Fire & Ice Senior Diplomat
![]() ![]() ![]()
|
Trump is very generous. He makes all kinds of donations to charity that never seem to show up until they are investigated. His tax returns would be very interesting in this matter. Then there is the "self funding" financier who did not give money to his campaign but instead wrote loans. Loans have to be paid back unless they are forgiven. There is no sign they were forgiven. His tax returns would be interesting as they would have to show this. Then there is the matter of taxes themselves. Did he pay any? Not likely. Then there is the matter of his income. This is just a bullschitter spotter. How much does he actually make? Probably nowhere near what he says. But this is Der Donald, and he is loved primarily for his bullscit anyway. The tax returns would just enhance his image. |
![]() |
|
| Berton | Aug 15 2016, 09:16 PM Post #10 |
![]()
Thunder Fan
![]() ![]() ![]()
|
Changing the subject again Stoned? Did the exposure of Clinton corruption hit too close to home? |
![]() |
|
| 1 user reading this topic (1 Guest and 0 Anonymous) | |
| Go to Next Page | |
| « Previous Topic · Fire And Ice General Discussion · Next Topic » |






![]](http://z3.ifrm.com/static/1/pip_r.png)




8:58 AM Jul 11
