Taxes & Spending

Hillary Clinton: Secretary of Your Estate

When it comes to your income, Secretary of State Hillary Clinton believes what’s hers is hers and what’s yours is hers. If Obama is a “citizen of the world,” Hillary Clinton wants to be the tax collector of the world.

During a recent speech at the Brookings Institution, Clinton said, “The rich are not paying their fair share in any nation that is facing the kind of employment issues, whether it’s individual, corporate, whatever the taxation forms are.”

It’s not surprising that she’s not familiar with “whatever the taxation forms are.” For years, the Clintons have sheltered millions of dollars from Uncle Sam. It’s common practice for wealthy folks to set-up charitable foundations to support causes that are close to their heart. Of course, it’s also a way to park a large sum of money so that it’s not taxable income.

This is slightly more sophisticated than the Clintons’ other method of reducing taxable income—claiming a deduction for donating used underwear at $2 a pop.

The Clinton Family Foundation certainly is a family endeavor. Bill serves as president, Chelsea serves as director and Hillary serves as secretary and treasurer. While they are not compensated for these positions, since 2001 the foundation has enabled them to write-off more than $5 million in income, according to a 2007 Washington Post article.

From 2001-2007, the foundation gave out $1.25 million in charitable contributions and, according to the most recent filing, it has a little over $3 million in assets.

It’s a wonderful thing for both the donors and the recipients. Just ask Robert “Red” Bone of Arkansas. A charity he’s involved with received a donation from the Clinton Family Foundation. If his name sounds familiar, it’s because he’s the broker that helped turn Hillary’s $1,000 into $100,000 in just 10 months in what’s known as Cattlegate. (Just another one of those boring Clinton scandals like Whitewater that no one wanted to understand or care about because it was so boring. Give us the juicy stuff!)

Family foundations do a lot of good, one of which is keeping the IRS’s grubby hands off of people’s money so those dollars can actually do some good. However, Hillary Clinton is a liberal and they just can’t resist lecturing Americans or the entire world in this case, on what governments should be doing to its citizens. Hillary the hypocrite complains about the rich not paying their fair share while she takes advantage of the same methods of diverting taxable income.

Since the Clintons believe government is the ultimate tool for good, why waste time setting up a foundation? The Clintons should give their money directly to the government rather than to their family foundation.

Liberals love lecturing others on what they should be doing while they do the opposite. Al Gore flies on private planes, Arianna Huffington rides in SUVs, the Clintons and Pelosis set-up private foundations as tax shelters. There’s nothing wrong with private planes, SUVs or tax shelters, but stop using legislation and guilt to punish those that make the same choices they do.

Liberals love accusing conservatives of being hypocrites. One of the most interesting parts of Greg Gutfeld’s book, The Bible of Unspeakable Truths, is his defense of hypocrisy. He wrote, “People say hypocrisy is evil, but they’re wrong. To be a hypocrite, you first must try to be good. You need standards… Humans are designed to fail, making all of us natural hypocrites. Of course, there are hypocrites who are “dirty” from the word go, who never actually had legitimate standards to not adhere to.”

When a Republican is caught committing adultery, there is always a gaggle of people saying how surprised they are because he was in a happy marriage for so long. Yes, he’s a hypocrite for talking about “family values” for years, but at least he tried to adhere to those values.

In the case of the Clintons, rabid environmentalists and taxophiles, they never apply their standards for others to themselves. They are not trying to be good. Al Gore didn’t drive a Prius on cross-country trips and then one day go on a private plane bender. Likewise, once the Clintons started making millions in the private sector, they didn’t pay outrageous tax rates for years. As soon as Bill Clinton left office, the Clinton Family Foundation was set-up as a tax shelter. Liberals’ hypocrisy is not slipping up on their values.  It’s pretending they even had values in the first place.


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