BIll Clinton Caught Lying About His Taxes

05.04.2015 | News | Jerome Hudson |

When Bill Clinton agreed to an interview where he attempted to defend his family foundation and the millions he made in speaking fees while his wife Hillary was secretary of state, he made a comment about his capital gains that may have gotten him into more hot water.

I’ve “taken almost no capital gains” over the last 15 years is what the former President told NBC reporter Cynthia McFadden.

After crunching some numbers and reviewing his personal finance records, the folks over at the New York Times concluded that Bill Clinton was either lying about his tax information or he’s ignorant and was just making it all up.

From the New York Times:

Tax returns filed by the Clintons from 2000 to 2006, the most recent available, show that they reported $371,000 in capital gains — generally, profits from an investment or property — in those years.

The Clinton’s taxes from 2000-6, available through the Center for Public Integrity, show how the Clintons reported modest capital losses or no gains from 2001 to 2003. Gains topped $100,000 in 2000 and 2006. The more recent records have not yet been released by Hillary Rodham Clinton’s presidential campaign.

In the interview, Mr. Clinton noted that he began his presidency with the lowest net worth of any president since Harry S. Truman. After leaving the White House in January 2001, Mr. Clinton began accumulating wealth, with tax records released during Mrs. Clinton’s 2008 presidential campaign showing that the Clintons had made $109 million during the previous eight years, largely from speeches and books.

The finances of the Clintons have been of particularly high interest during scrutiny of the Clinton Foundation and speaking engagements. In the NBC interview, Mr. Clinton defended the foreign contributions received by his foundation and said he had rejected plenty of speaking invitations.

He said he planned to continue giving paid speeches.

“Oh yeah,” he said. “I gotta pay our bills.”

You know the political world is completely inverted when the New York Times is operating itself in a way that holds liberal Democrats, Bill Clinton no less, accountable for mistakes that have been made.

You can watch Clinton straight the truth about the millions he’s made in the video clip above.

Jerome Hudson

Managing Editor

Jerome Hudson has written for numerous national outlets, including The Hill, National Review, and The Atlanta Journal-Constitution and was recognized as one of Florida’s emerging stars, having been included in the list “25 Under 30: Florida’s Rising Young Political Class.” Hudson is a Savannah, Ga. native who currently resides in Florida.

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