Clintons' 2015 tax returns: How the DC elites make money

The 2015 Clinton tax return is a case study on how the D.C. political elites make money by trading on their political offices, past and present, such as writing books, consulting, and giving speeches.  They serve on boards of corporations, such as Bill did with Laureate.  They make money because they held public office and may hold public office again. They do not produce anything.  They make money because of who they are, because of their public offices.

Bill reported income of $5,250,000 from "speaking."  He deducted $445,000 for "travel expenses" and $25,000 for "supplies."  Lots of pencils and paper for Bubba to write speeches.  This means Bubba stayed in the best hotels and ate at the finest restaurants, and the taxpayers subsidized his lifestyle because he deducted a ton of money to lower his taxable income.

Bill reported $1,660,575 from "consulting."  Consulting for what?  Maybe advising on the meaning of the words "is" and "alone"?

Bill reported over $1,098,000 from Laureate Education and $562,500 from the Gems Foundation.  What did Bill do for this?  Teach?

Hillary reported income of $1,475,000 from "speaking" and deducted $231,500 for "travel expenses" and $25,945 for "supplies."  Must have used lots of pencils and paper to write those speeches.

Hillary reported $3,000,000 as an "author."

The Clintons reported a capital loss carryover of about $700,000, which means they lost money in the stock market at some point.  Evidently, Hillary did not keep up reading the WSJ, which was apparently how she made $100,000 in cattle futures.

The Clintons took a "charity deduction" of over $1,000,000 by contributing $1,000,000 to the Clinton Family Foundation.  So they contribute to an organization they control, where they can deduct "expenses" and employ friends and family.  It lowers their taxable income.

Bubba also reported over $203,700,000 as a pension income, which must be his presidential pension, and $22,500 as a public employee (attorney general and governor) of Arkansas.  One would think that, making over $10,000,000, Bubba would send the $200,000 back to the U.S. Treasury and the $22,000 back to Arkansas.

These facts show that the Clintons made lots of money as speakers and consultants because the countries and corporations that paid them are covering their bets that Hillary may be president.  Further, the author income comes from the Clintons recounting their time in public office.  True, most politicians make money this way, but it is wrong to make money describing your time on the public payroll.

Also, Hillary and the MSM have criticized Donald Trump for taking a loss on his business and questioned how he could have a loss.  How could the smartest woman in the word lose over $700,000 in the stock market?

Trump has made and lost money by running a real business.  He builds and operates hotels and casinos and has run a TV show.  He employs many employees and subcontractors.  The Clintons, like most politicians who play the author-speaker-consultant game, do not build anything, do not operate anything, and do not employ anyone except lawyers to defend them on their numerous scandals and accountants to take all the allowable tax deductions.

The bottom line is that the Clintons used their public offices to set themselves for speaking gigs, book deals, consulting jobs, and anything else to capitalize on the contacts and experience obtained while public employees.  This is how the D.C. political class makes money, and the Clintons are masters at it.

The 2015 Clinton tax return is a case study on how the D.C. political elites make money by trading on their political offices, past and present, such as writing books, consulting, and giving speeches.  They serve on boards of corporations, such as Bill did with Laureate.  They make money because they held public office and may hold public office again. They do not produce anything.  They make money because of who they are, because of their public offices.

Bill reported income of $5,250,000 from "speaking."  He deducted $445,000 for "travel expenses" and $25,000 for "supplies."  Lots of pencils and paper for Bubba to write speeches.  This means Bubba stayed in the best hotels and ate at the finest restaurants, and the taxpayers subsidized his lifestyle because he deducted a ton of money to lower his taxable income.

Bill reported $1,660,575 from "consulting."  Consulting for what?  Maybe advising on the meaning of the words "is" and "alone"?

Bill reported over $1,098,000 from Laureate Education and $562,500 from the Gems Foundation.  What did Bill do for this?  Teach?

Hillary reported income of $1,475,000 from "speaking" and deducted $231,500 for "travel expenses" and $25,945 for "supplies."  Must have used lots of pencils and paper to write those speeches.

Hillary reported $3,000,000 as an "author."

The Clintons reported a capital loss carryover of about $700,000, which means they lost money in the stock market at some point.  Evidently, Hillary did not keep up reading the WSJ, which was apparently how she made $100,000 in cattle futures.

The Clintons took a "charity deduction" of over $1,000,000 by contributing $1,000,000 to the Clinton Family Foundation.  So they contribute to an organization they control, where they can deduct "expenses" and employ friends and family.  It lowers their taxable income.

Bubba also reported over $203,700,000 as a pension income, which must be his presidential pension, and $22,500 as a public employee (attorney general and governor) of Arkansas.  One would think that, making over $10,000,000, Bubba would send the $200,000 back to the U.S. Treasury and the $22,000 back to Arkansas.

These facts show that the Clintons made lots of money as speakers and consultants because the countries and corporations that paid them are covering their bets that Hillary may be president.  Further, the author income comes from the Clintons recounting their time in public office.  True, most politicians make money this way, but it is wrong to make money describing your time on the public payroll.

Also, Hillary and the MSM have criticized Donald Trump for taking a loss on his business and questioned how he could have a loss.  How could the smartest woman in the word lose over $700,000 in the stock market?

Trump has made and lost money by running a real business.  He builds and operates hotels and casinos and has run a TV show.  He employs many employees and subcontractors.  The Clintons, like most politicians who play the author-speaker-consultant game, do not build anything, do not operate anything, and do not employ anyone except lawyers to defend them on their numerous scandals and accountants to take all the allowable tax deductions.

The bottom line is that the Clintons used their public offices to set themselves for speaking gigs, book deals, consulting jobs, and anything else to capitalize on the contacts and experience obtained while public employees.  This is how the D.C. political class makes money, and the Clintons are masters at it.