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The Clinton's tax returns raise red flag
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hillarynews
Joined: 24 Jan 2007 Posts: 2255
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Posted: Thu Apr 17, 2008 12:00 pm Post subject: The Clinton's tax returns raise red flag |
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The Clinton's tax returns raise red flag
By: Tom FittonSo now we know why the Clintons waited so long to release their tax returns. Of course, a lot of press attention has been given to the amount of income reported by the Clintons -- $109 million over the last eight years - and, indeed, that number is staggering. (I believe that puts them in the top .01% of taxpayers) But of more concern to me is the source of some of these funds.
Category: Commentary
By: Tom FittonSo now we know why the Clintons waited so long to release their tax returns. Of course, a lot of press attention has been given to the amount of income reported by the Clintons -- $109 million over the last eight years - and, indeed, that number is staggering. (I believe that puts them in the top .01% of taxpayers) But of more concern to me is the source of some of these funds.Take, for example, billionaire businessman Ron Burkle. You will recall that Burkle was a major contributor to the Clintons’ campaigns and to their legal defense fund before hiring Bill Clinton to work for his Yucaipa firm. According to the newly released tax records, Bill Clinton earned $15 million as a consultant for Burkle. Now, Hillary did admit on her 2003-2004 Senate Financial Disclosure Statements that Bill Clinton’s Yucaipa income was “more than $1,000.” So, technically, I guess, she didn’t lie. But $15 million!? And for what? Burkle admitted in one news report that Clinton spent about an average of 10 hours per week on Yucaipa business. That’s a pretty paltry investment of time, given the enormous amount of compensation. Which leads to the question…What does Burkle expect in return for his investment? And what does Sheik Mohammed bin Rashid al-Maktoum, the ruling sheik of Dubai, who is another Clinton/Yucaipa partner, expect from his dealings with Bill Clinton? Given that the Clintons’ presumably share the same bank account, Hillary is every bit as indebted to Burkle and Dubai’s leader for their largesse as her husband. And, whether she’s in the Senate or in the White House, Hillary is in a position to return required favors.
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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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