Clintons' income: $109M since 2000

ByABC News
April 5, 2008, 6:08 AM

WASHINGTON -- Hillary Rodham Clinton released tax returns Friday showing that the senator and her husband, former president Bill Clinton, earned about $109 million in the last eight years, mainly through his speeches and their book sales.

The returns are a testament to a former president's earning power and the riches that can accompany American celebrity. Overall, they show that the Clintons paid about $33.8 million in federal taxes during that period and made about $10.3 million in charitable contributions, according to a campaign summary.

In a statement, campaign spokesman Jay Carson noted that the Clintons paid an average tax rate of 31% from 2000-2007, and contributed 9.5% of their earnings to charity. Carson pointed to IRS figures showing that Americans who earn more than $10 million a year on average pay a tax rate of 20.8% and give an average of 3.1% of their income to charity.

"The Clintons have now made public thirty years of tax returns, a record matched by few people in public service," Carson said. "None of Hillary Clinton's presidential opponents have revealed anything close to this amount of personal financial information."

Clinton's Democratic opponent, Illinois Sen. Barack Obama, last week released tax returns from 2000-2006. The Obama's best year was 2005, when they made $1.5 million, mainly from the sale of his two books. The Obama campaign had been pressuring Clinton to release her tax returns.

The presumptive Republican nominee, Arizona Sen. John McCain, has promised to release tax returns on April 15.

The Clinton campaign released a summary of 2007 tax information, saying the Clintons would be seeking an extension of time to file their return because they are waiting to receive information related to partnership income, including investments in their blind trust, which was dissolved in 2007.

According to the summary, the Clintons earned $20.4 million last year and paid $5.1 million in federal taxes. The couple's biggest sources of income last year were his speeches, which earned $10.1 million. They also earned $3.5 million income from a blind trust, the summary says.