Obama releases tax returns, challenges Clinton to follow suit

[Dos Equis]

They have done pretty well.  Time for Hillary to let the sun shine in. 

Obama releases tax returns, challenges Clinton to follow suit
     
(CNN) -- Barack Obama and his wife released their tax returns from 2000 to 2006 on his campaign Web site Tuesday, and the Illinois senator challenged Sen. Hillary Clinton to release hers.

Later, Clinton said she expected to release her tax returns "shortly, I hope within the next week."

The Obama campaign said Clinton should immediately release her 2006 return, pointing to her decision to lend her campaign $5 million earlier this year.

The Obama camp also cited former President Bill Clinton's $20 million payout from supermarket holding company Yucaipa as a reason why the couple should release the documents.

The Obama campaign said that company invests in tax shelters in the Cayman Islands.

Clinton has promised to release 2007 returns sometime after this year's April 15 income tax deadline, just a few days before Pennsylvania's April 22 primary.

"Senator Clinton recently claimed that she's 'the most transparent figure in public life,' yet she's dragging her feet in releasing something as basic as her annual tax returns," Obama's communications director, Robert Gibbs, said in a statement. "Senator Clinton can't claim to be vetted until she allows the public the opportunity to see her finances -- particularly with respect to any investment in tax shelters."

But Clinton made her own challenge to Obama during a press conference in Greensburg, Pennsylvania.

"I am pleased that Senator Obama has released his tax returns. I think that's a good first step," she said. "Now he should release his records from being in the state Senate and any other information that the public and the press need to know from his prior experience."

According to the 2006 return, Obama and his wife, Michelle, earned over $991,000 in 2006 and paid $277,431 on the income.

More than half of the couple's income in 2006 -- nearly $507,000 -- came from royalties from his two books, "The Audacity of Hope" and "Dreams From My Father." In 2005, Obama earned over $1,210,000 from royalties, according to the couple's returns that year.

The Obamas earned nearly $431,000 in wages in 2006, according to the returns. The documents do not show what Obama or his wife individually earned, but the senator's salary was $165,000 that year.

They also earned more than $51,000 from Treehouse Foods, an Illinois-based food manufacturer. Michelle Obama served on Treehouse's board from June 2005 to May 2007.

Before 2005, the couple had more modest incomes. Between 2000 and 2004, they earned between $207,647 and $275,123 a year.

The returns were posted just minutes after the Clinton campaign attacked Obama for not releasing them.

"In the public record, there are 20 years of Hillary's tax returns, hundreds of thousands of pages of records from her time in the White House and countless other documents detailing her time in public life.

"Sen. Obama's record is far more opaque. Sen. Obama has not released his tax returns, except for 2006," Clinton spokesman Phil Singer said in a statement sent to reporters just as the Obama camp posted the Illinois senator's returns online.

http://www.cnn.com/2008/POLITICS/03/25/obama.tax.returns/index.html

[240 is Back]

LOL @ Clintons hiding Bill's Countrywide income as the housing bubble bursts.

This timing is gonna suck for them.

[G o a t b o y]

The Obamas earned nearly $431,000 in wages in 2006, according to the returns. The documents do not show what Obama or his wife individually earned, but the senator's salary was $165,000 that year.

Well, since Obama's senate salary is only $165k of that, his wife must be doing pretty well for herself.  Seems before he wrote his books she was the one wearing the financial pants in that family! 

[w8tlftr]

Well, since Obama's senate salary is only $165k of that, his wife must be doing pretty well for herself.  Seems before he wrote his books she was the one wearing the financial pants in that family! 

Yeah but it makes sense since she worked in the private sector and he was an employee of the state.

[w8tlftr]

Well, since Obama's senate salary is only $165k of that, his wife must be doing pretty well for herself.  Seems before he wrote his books she was the one wearing the financial pants in that family! 

Yeah but it makes sense since she worked in the private sector and he was an employee of the state.

[24KT]

I think Clinton is attempting to climb a very slippery slope when demanding Senatorial financial records.

I hear her own FEC filings are somewhat controversial, ...feloniously controversial some might say. 

[Bindare_Dundat]

Well, since Obama's senate salary is only $165k of that, his wife must be doing pretty well for herself.  Seems before he wrote his books she was the one wearing the financial pants in that family! 

Someone could make a really bad joke about this but I'll refrain, it's not in my nature.

[24KT]

Well, since Obama's senate salary is only $165k of that, his wife must be doing pretty well for herself.  Seems before he wrote his books she was the one wearing the financial pants in that family! 

And demonstrative of how a wonderful partnership can work. How fortunate for the people of Chicago, and now the entire USA that Michelle's capabilities allowed them to make the decisions that allowed Barack to decline lucrative job offers on Wall Street to focus on the needs of the community. Had this not been the case, financial imperatives would have robbed us all of his great service to the nation, at the expense of supporting his family. I think this only serves to punctuate the fact that his motivations are not power or financial gain, but rather the desire to bring about much need change. Bindare is wise to abstain from crass predictable punchlines. Those are only for the small minded. People of depth can see beyond the surface.

[w8tlftr]

And demonstrative of how a wonderful partnership can work. How fortunate for the people of Chicago, and now the entire USA that Michelle's capabilities allowed them to make the decisions that allowed Barack to decline lucrative job offers on Wall Street to focus on the needs of the community. Had this not been the case, financial imperatives would have robbed us all of his great service to the nation, at the expense of supporting his family. I think this only serves to punctuate the fact that his motivations are not power or financial gain, but rather the desire to bring about much need change. Bindare is wise to abstain from crass predictable punchlines. Those are only for the small minded. People of depth can see beyond the surface.

Um... Judi... besides run for President what has this man accomplished on a national scale? 

It's gonna take more than someone saying "hope" and "unity" to earn my vote. Especially when he has the most liberal voting record in the Senate.

[240 is Back]

obama broke down some serious national economic planning this morning in his speech... waaaay more specific than the other 2 candidates have given us.  I'd say he's probably the leader in this area at this point, even if it did sound like he was reading the phone book up there.

[Hedgehog]

They have done pretty well.  Time for Hillary to let the sun shine in. 

Obama releases tax returns, challenges Clinton to follow suit
     
(CNN) -- Barack Obama and his wife released their tax returns from 2000 to 2006 on his campaign Web site Tuesday, and the Illinois senator challenged Sen. Hillary Clinton to release hers.

Later, Clinton said she expected to release her tax returns "shortly, I hope within the next week."

The Obama campaign said Clinton should immediately release her 2006 return, pointing to her decision to lend her campaign $5 million earlier this year.

The Obama camp also cited former President Bill Clinton's $20 million payout from supermarket holding company Yucaipa as a reason why the couple should release the documents.

The Obama campaign said that company invests in tax shelters in the Cayman Islands.

Clinton has promised to release 2007 returns sometime after this year's April 15 income tax deadline, just a few days before Pennsylvania's April 22 primary.

"Senator Clinton recently claimed that she's 'the most transparent figure in public life,' yet she's dragging her feet in releasing something as basic as her annual tax returns," Obama's communications director, Robert Gibbs, said in a statement. "Senator Clinton can't claim to be vetted until she allows the public the opportunity to see her finances -- particularly with respect to any investment in tax shelters."

But Clinton made her own challenge to Obama during a press conference in Greensburg, Pennsylvania.

"I am pleased that Senator Obama has released his tax returns. I think that's a good first step," she said. "Now he should release his records from being in the state Senate and any other information that the public and the press need to know from his prior experience."

According to the 2006 return, Obama and his wife, Michelle, earned over $991,000 in 2006 and paid $277,431 on the income.

More than half of the couple's income in 2006 -- nearly $507,000 -- came from royalties from his two books, "The Audacity of Hope" and "Dreams From My Father." In 2005, Obama earned over $1,210,000 from royalties, according to the couple's returns that year.

The Obamas earned nearly $431,000 in wages in 2006, according to the returns. The documents do not show what Obama or his wife individually earned, but the senator's salary was $165,000 that year.

They also earned more than $51,000 from Treehouse Foods, an Illinois-based food manufacturer. Michelle Obama served on Treehouse's board from June 2005 to May 2007.

Before 2005, the couple had more modest incomes. Between 2000 and 2004, they earned between $207,647 and $275,123 a year.

The returns were posted just minutes after the Clinton campaign attacked Obama for not releasing them.

"In the public record, there are 20 years of Hillary's tax returns, hundreds of thousands of pages of records from her time in the White House and countless other documents detailing her time in public life.

"Sen. Obama's record is far more opaque. Sen. Obama has not released his tax returns, except for 2006," Clinton spokesman Phil Singer said in a statement sent to reporters just as the Obama camp posted the Illinois senator's returns online.

http://www.cnn.com/2008/POLITICS/03/25/obama.tax.returns/index.html

Tax returns...

*Golf fcuking clap*

Why the fcuk make an announcement about it?

What a clown he is.

How about just releasing it without trying to come across some kind of fcuking Mr Clean?

And the whole shit about challenging Clinton...

Lets see him give us the details on how he's gonna finance his fcuking tax cut instead.

While Obama seems to have a grasp on the foreign policy, he does need to address how he's gonna fund tax cuts.

Or he will keep growing the national debt that GWB has run up.

[240 is Back]

The Clintons probably have something to hide.  This is hurting them.  if there was zero to hide, they'd have released them first and then chided obama for not doing it.