WASHINGTON, April 4, 2008

Clintons: $109M In Income Since 2000

Newly Released Tax Information Shows Couple Paid More Than $33 Million In Taxes Over Eight Years

  • Former President Bill Clinton joins his wife, Sen. Hillary Rodham Clinton, at her 59th birthday party in New York late last year. Photo

    Former President Bill Clinton joins his wife, Sen. Hillary Rodham Clinton, at her 59th birthday party in New York late last year.  (AP Photo/Kathy Willens)

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(CBS/AP)  Sen. Hillary Rodham Clinton and former President Clinton report nearly $109.2 million in income since the end of Mr. Clinton's term in 2000, according to eight years of newly-released tax information. The couple reported $20.4 million in income for 2007.

The Democratic presidential candidate and her husband paid $33.8 million in taxes from 2000 through 2007. Almost half the former first couple's money came from Mr. Clinton's speeches. They listed $10.25 million in charitable contributions during the period.

The couple released their tax returns for the years 2000 through 2006 and provided information regarding their 2007 taxes. The Clintons have asked for an extension for filing their 2007 tax returns, citing the dissolution of a blind trust last year.

Mrs. Clinton has been under pressure to release her tax returns, especially from rival Barack Obama, who posted his 2000 to 2006 returns on his campaign Web site last week. Neither Obama nor Republican Sen. John McCain have made their 2007 tax returns public, though both say they will this month.

"The Clintons have now made public 30 years of tax returns, a record matched by few people in public service," said Clinton Campaign Spokesman Jay Carson. "None of Hillary Clinton's presidential opponents have revealed anything close to this amount of personal financial information."

CBS News Correspondent Jim Axelrod reports that Mrs. Clinton's hopes for the Democratic nomination now rest heavily on winning over blue-collar workers, many of whom are worried about their own incomes.

The Clintons last made their returns public in 2000, when they reported an adjusted gross income of $416,039.

According to a summary of the seven years provided by the campaign, the former president's speech income since he left the White House totals $51.85 million and his income from his two books - "My Life " and "Giving" - totals $29.6 million. Mr. Clinton has traveled the world, giving paid speeches to multinational corporations, investment banks and motivational groups.

Mrs. Clinton had $10.5 million in book income over the period from her book "Living History." She donated earnings from her other book, "It Takes a Village," to charity.

Mrs. Clinton's tax returns show that of the remaining presidential candidates, she is the one most able to access large amounts of personal money. She lent her campaign $5 million in late February and could contribute more if she finds herself falling far behind Obama's proficient fundraising.

McCain's wife is heiress to her father's stake in Hensley & Co. of Phoenix, one of the largest beer distributorships in the country and her worth could exceed $100 million. But the couple has a prenuptial agreement that has kept most assets in her name. In his financial disclosures, McCain lists his major sources of income as his Senate salary of $169,300 and a Navy pension of about $56,000.

In 2006, Obama reported income of nearly $1 million, with nearly half of it coming from the publication of his second book, "The Audacity of Hope." Last week, the campaign disclosed that Obama and his wife, Michelle, gave $240,000 to charity last year.

Detailed Clinton tax data can be found here.

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