The Clinton Charity Case A Nearly $15 Million Tax Write-off for Donations to the Family Foundation.
http://www.wsj.com/articles/the-clinton-charity-case-1438731092
Hillary Clinton’s presidential campaign staged another document dump on Friday, including more of her private emails from her time as Secretary of State, a health report and eight years of tax returns. We’ll have more to say about the emails, but the tax filings show how Bill and Hillary define charity.
The first couple of American liberalism reported income of $139 million in their hardship years from 2007-2014. That’s a tad more than most of the “everyday Americans” whom Mrs. Clinton claims to speak for, which may explain why an accompanying press release stressed that she and Bill had given $14,959,450 to charity.
While the foundation does contribute to charitable causes, it also doubles as a vehicle to promote the first family’s political ambitions and public profile. It spends an outsized portion of its money, for instance, picking up the travel and other expenses for the whole family.
The foundation has also functioned between campaigns and stints in public office as a jobs program and financier for various Clinton operatives. Sidney Blumenthal, who was banned by the White House from a job at the State Department, was paid by the foundation while he was dispensing bad advice on Libya to Mrs. Clinton. Foreign governments, unions, wealthy Democrats and corporations donated to the foundation knowing its political importance to the woman who could be the next U.S. President.
The Clintons play by their own political rules, and taking a nearly $15 million tax write-off to assist their electoral ambitions is merely the latest.
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