Nearly all the Billary’s ‘charity donations’ went to their own favorite charity: the Clintoon Foundation
Read it all, please, and wonder where the hell the undiclosed money they probably did not declare, went to. They asked for an extension on their 2007 tax returns that won’t be revealed in time, I will bet.
[…]During that time, the Clintons paid $33.8 million in federal taxes and claimed deductions for $10.2 million in charitable contributions. The contributions went to a family foundation run by the Clintons that has given away only about half of the money they put into it, and most of that was last year, after Mrs. Clinton declared her candidacy.[…]
[…]Since then, Mr. Clinton has earned $29.6 million from two books, “My Life” and “Giving,” while Mrs. Clinton has collected $10.5 million from two books, “Living History” and “It Takes a Village.” She donated $1.1 million from book proceeds to charity.
Mr. Clinton last year earned $6.3 million from “Giving,” a book on philanthropy, and reported giving $1 million of that to charity. In the book, Mr. Clinton espouses his own formula for charitable donations, recommending that people give away 5 percent of their income to charitable causes. “If giving by the wealthiest Americans even approached these levels,” he wrote, “I’m convinced it would spark an enormous outpouring of contributions from Americans of more modest means.”
The pace of the Clintons’ own charitable giving, which peaked last year at $3 million, has not always kept up with their income, and by at least one measure, has sometimes fallen short of the spirit of the 5 percent goal, which is to get money into the hands of charities that do good works.
In 2002, for instance, they reported income totaling $9.5 million and $115,000 in gifts to charity. In other years, they have given much larger amounts to their family foundation, but it has yet to disburse all of the money.
The Clintons took a tax deduction in 2004 for $2.5 million in charitable gifts, $2 million of which went to their family foundation, which as a tax-