June 23, 2014
FATCAT CRONY INSIDERS — THEY’RE JUST LIKE US! Hillary Clinton Says She Isn’t ‘Truly Well Off.’ “Because we pay ordinary income tax, unlike a lot of people who are truly well off, not to name names; and we’ve done it through dint of hard work.”
At one percent of the Clintons’ net worth, most Americans would consider themselves well off. But here’s how they’re struggling:
Clinton earned an $8 million advance for her 2003 book “Living History” and her publisher is rumored to have paid “significantly more” for “Hard Choices.” Additionally, Clinton reportedly earns $200,000 in speaking fees each time she makes a speech. Bill Clinton has reportedly made over $100 million in speaking fees since leaving office.
Earlier this month, Clinton caused controversy when she said she and her husband, former President Bill Clinton, were “dead broke” when he left the White House in 2000 and subsequently “struggled” to buy homes and pay for their daughter, Chelsea’s, education. Chelsea Clinton’s wealth also made headlines earlier this month after Politico reported she earned a $600,000 salary as a “special correspondent” for NBC News, a sum Business Insider noted seems to amount to $26,724 for each minute she was on air.
Working class all the way. She and Bill are walking, talking (for a fee) arguments for my revolving-door surtax.
Related: WaPo: Some Democrats fear Clinton’s wealth and ‘imperial image’ could be damaging in 2016. “She’s been living 30, going on 40 years with somebody bringing your coffee to you every morning. Is it more ‘Downton Abbey’ than it is America?”