Posted on 02/26/2007 10:18:21 PM PST by Pharmboy
Sen. Hillary Rodham Clinton failed to list on annual Senate financial disclosure forms the family charity she operates with former president Bill Clinton, The Washington Post reported on Tuesday.
Sen. Clinton, a Democratic presidential contender, has been an officer in the family foundation since it was established in 2001, but none of her ethics reports since then have disclosed that fact as required by congressional ethics rules, the newspaper said.
The foundation has enabled the Clintons to write off more than $5 million from their taxable income since 2001, while dispensing $1.25 million in charitable contributions over that period, the newspaper reported.
The newspaper said Clinton's office immediately amended her Senate ethics reports to add that information late Monday after receiving inquiries from The Washington Post.
"The details of the Clintons' charitable family foundation and Senator Clinton's role in it have always been publicly available but, in an oversight that leaders of both parties have made, it was inadvertently omitted from her Senate filing, which has been corrected," Clinton's spokesman Philippe Reines told the newspaper.
Several other high-profile politicians have come under scrutiny for omitting family foundations from their financial disclosure reports, including former Senate majority leader Bill Frist and House Speaker Nancy Pelosi (news, bio, voting record). They amended their disclosures, the Post said.
I thought that Bill Clinton said he would be happy to pay more taxes? In fact, I'm positive he said that. To a national audience.
But now we find they're sheltering their money to avoid taxes.
"in an oversight that leaders of both parties have made"
OMG. TAKE RESPONSIBILITY FOR YOUR ACTIONS. GD.
So what is there a Senate ethics committee for? Oh, I know, its just a red herring.
This is not a concern for the sheeple.
They want security not freedom.The Clintons promise everything
so the average dunce will accept this prima facie.
Integrity, honesty and traditional values have erroded. The
American has accepted compromised values so to ensure a
sense of security.
Why else would a Clinton be such a strong viable contender?
Well did anyone really expect Hillary to be ethical?
But now we find they're sheltering their money to avoid taxes.
That is true of most rich folks and who can blame them for using legal mens to avoid taxes. The hypocrisy comes from lawmakers who cry "Tax the Rich" while creating these vehicles for avoiding taxes. That means the rich aren't taxed nearly as much as the middle class.
It is also true of rich liberals who sock much of their income into trusts and foundations while calling for higher taxes. Hypocrites all.
"Forgetting" about a $5 million tax write-off means that she is either an idiot or a liar and unqualified to hold any public office.
More of the usual Clingon "Mistakes were made" dodge... Notice that nobody's name is associated with them, though... Those darn mistakes just seem to make themselves...
They forgot about mentioning them not taking the deduction.
"write off more than $5 million from their taxable income since 2001, while dispensing $1.25 million in charitable contributions over that period"
Not bad going.. write off $5 million and give away $1.25 million.
Does that leave $3.75 million hanging somewhere?
Or just $3.75 million untaxed?
"both parties have made"
But why is it the Republican party person is always the one who resigns, gos to jail, or has an investigative committee siced on them?
Taxes are good for the village Hillary, so why are you avoiding them? FRAUDS and PHONIES!
Somehow they don't spin it right. They end up apologizing which sends the red flags up...you just announced you are guilty. The Clintons never do that.
Looks like a set-up.
Opposition research is putting Evita on notice. We can play ruff too!
Watch this link....
Charity writeoffs of $5 million? That's a lot of used underwear...
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