Saturday, December 17, 2011

Did the Clinton's hide their money? Not paying taxes like the rest of us?

This is an interesting story, too, from the Washington Post's John Solomon and Matthew Mosk writing. “Sen. Hillary Rodham Clinton and former president Bill Clinton have operated a family charity since 2001, but she failed to list it on annual Senate financial disclosure reports on five occasions. The Ethics in Government Act requires members of Congress to disclose positions they hold with any outside entity, including nonprofit foundations. Hillary Clinton has served her family foundation as treasurer and secretary since it was established in December 2001, but none of her ethics reports since then have disclosed that fact. The foundation has enabled the Clintons to write off more than $5 million from their taxable personal income since 2001, while dispensing $1.25 million in charitable contributions over that period. Clinton's spokesman said her failure to report the existence of the family foundation and the senator's position as an officer was an oversight.” Yes, her mind was Jell-O, Jell-O, Jell-O. “Her office immediately amended her Senate ethics reports to add that information late yesterday after receiving inquiries from The Washington Post.”

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