Reply #19: What in the world are you talking about.

[PBS Poll-435]

So give the money to the government instead of charities?

The only tax that isn't paid on that money is that of the interest earned.

It is for the benefit of the charities to recieve the interest, tax-free.

It doesn't benefit the Clinton's at all, except that they will have a lasting legacy of generosity.

They would have the same 1040 tax benefit if they just gave to the Red Cross instead of their foundation.

They don't pay themselves a salary, trustee fees, or anything like that.

The only entities that benefit are the City of Chappaqua, the State of NY, and the Accounting Firm that prepares the 990.