How the Clintons went from ‘dead broke’ to rich: Bill earned $104.9 million for speeches

Washington Post ^ | 6/26/14 | Philip Rucker, Tom Hamburger and Alexander Becker

[SoFloFreeper]

Over seven frenetic days, Bill Clinton addressed corporate executives....His pay: $1.4 million.

...Bill Clinton has been paid $104.9 million for 542 speeches around the world....the majority of his speaking income, $56.3 million, came from foreign speeches, many of them in China, Japan, Canada and the United Kingdom, the Post review found....

The financial industry has been Clinton’s most frequent sponsor....Hillary Clinton has followed her husband and a roster of recent presidents and secretaries of state in this profitable line of work...executives familiar with the engagements said her standard fee is $200,000 and up, and that she has been in higher demand than her husband.

[PATRIOT1876]

At one point Bill had to ask Steve Martin for some money for a new private jet because his old one had cracked leather seats. He had to throw a towel over the seats and tell them they were wet!

He couldn't hold his head up because of the embarrassment.

Pobrecitos!

[proxy_user]

He would have paid 35% Federal income tax on that money, though, plus 15.2% FICA on the first $100K each year, + 2.8% Medicare tax on the amount over $100K. Then he would have had 6.875% in NY state income tax.