Posted on 07/04/2014 1:27:34 PM PDT by Cincinatus' Wife
Hillary Clinton on Friday defended her six-figure speaking fees, saying she's donated all the money earned from colleges over the past year to her family's foundation.
“All of the fees have been donated to the Clinton Foundation for it to continue its life-changing and life-saving work. So it goes from a foundation at a university to another foundation,” she told ABC News on Friday.
The former secretary of State and potential 2016 presidential contender reportedly charges about $200,000 for speaking engagements.
Clinton recently drew fire from University of Nevada Las Vegas students who threatened to protest an upcoming fundraiser she's scheduled to host at the school unless she returns the $225,000 fee.
When asked to respond to the students' plea, Clinton did not indicate she would adhere to their request.
“It’s been my experience,” Clinton said, “That they’re not worried about my speaking or my household, they’re worried about their own. And that’s the kind of debate I think I’m furthering as I go around the country speaking.”
Clinton's response comes after heightened speculation into her family's wealth as she promotes her new book, "Hard Choices." Last month, Clinton told ABC's Dianne Sawyer that she and former President Bill Clinton were "dead broke" after his presidency.
It’s something of a wonder to me that Harry hasn’t wound up in a hole somewhere, a la the end of “Casino”.
donated all the money earned from colleges over the past year to her family’s foundation.
So she gets a tax deduction and gets to keep the money.
She donates them to her lawyer, otherwise she would be in federal prison where she belongs
Can I ‘donate’ to my own foundation - and then let the foundation employ me in retirement? Sounds like a tax dodge to me.
Doesn’t hold up..here’s why.
Let’s assume for the moment that what she says is true..she wants the funds donated to the Clinton. The best way to do this is to have the check for the speaking fee made out to the Clinton Foundation..straight line..A to B..so..ask the institutions to produce the check.
If they were made out to her..and she then made a donation..that’s just stupid..because you run into all sorts of potential tax problems....
And morally bankrupt
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