8:05 PM, Jun 3, 2015 • By DANIEL HALPER
Carly Fiorina has released by far the most detailed financial disclosure of any presidential candidate. The document details to a penny her net worth: $58,954,494.88.
Here's the entire 87-page document:
"I've taken hundreds of questions--whether about hot dogs or my personal finances--and I think it's all fair game. I think leadership of any kind requires trust and transparency and voters should demand no less from their political leadership in government," Fiorina writes in a statement to the press.
In the same email, Fiorina's spokeswoman breaks down some of the numbers:
This week, Carly filed her personal financial disclosure with the Federal Election Commission. The PFD, however, does not provide a complete picture of Carly and Frank's net worth, tax rates, or charitable giving. In an effort to provide voters with additional information, we are also releasing the following:
In those years, the Fiorinas gave an average of 14% of their income to 501c(3) institutions. As you know, this does not account for her time. Carly has served in multiple charitable roles, including as Chairman of Good 360 and Opportunity International. As you can see from her tax returns, she did not accept compensation for either of these positions.
- The Fiorinas' net worth is $59 million. This includes all financial assets, bank accounts, and real property. Note that real property is not required on the PFD. This means that if you are comparing her net worth to other candidates, you will need to add their real property to their PFD range.
- In 2012 and 2013, the Fiorinas' effective tax rate (federal, state, and local) was 30%. Their effective federal tax rate was 20%. Note that this is different than their marginal rate. I will be cranky if I see someone conflate the two.
Mar 16, 2015, Vol. 20, No. 26 • By MARK HEMINGWAY
Upon learning that Hillary Clinton used a private email account to conduct all official business during her tenure as secretary of state, CNN’s Dan Merica remarked, “GOP aides on the Benghazi committee have long said they were going to find something others hadn’t. And they did.” The New York Times broke the news, though its own report reveals the story was essentially gift-wrapped: “The existence of Mrs. Clinton’s personal email account was discovered by a House committee investigating the attack on the American Consulate in Benghazi.”
Maybe later.8:39 AM, Jan 9, 2014 • By JERYL BIER
The Obama administration has come under fire for weeks now for selectively releasing "enrollment" data for Healthcare.gov and the state exchanges. The latest figure of 2.1 million was met with skepticism by many observers, even some who are sympathetic to the administration.
2:09 PM, Apr 15, 2013 • By DANIEL HALPER
President Obama signed a bill that eliminates a financial disclosure requirement for some government employees, the White House announced. Here's the White House's statement:
Statement by the Press Secretary on S. 716
12:11 PM, Feb 12, 2013 • By WILLIAM KRISTOL
Fox News reported yesterday that Chuck Hagel, who has been nominated as the next secretary of defense, failed to “disclose at least two recent speeches on the subject of the Arab-Israeli conflict” in paperwork filed with the Senate.
5:30 PM, Feb 8, 2013 • By WILLIAM KRISTOL
What you see below is a copy of a May 26, 2005 letter from Senators Christopher Dodd and Joe Biden encouraging a no vote on cloture for the nomination of John Bolton. Senate Democrats (including Senators Obama, Biden, Clinton, and Kerry) twice voted en bloc against cloture on the Bolton nomination, preventing his confirmation as U.S. ambassador to the United Nations. They did so because they were denied certain information they deemed necessary to judge Bolton's fitness for the position, and therefore acted "to protect the Senate's constitutional power to advise and consent to nominations."
1:16 PM, Feb 8, 2013 • By DANIEL HALPER
Senate majority leader Harry Reid helped set the precedent for looking into foreign backers when, in 2002, he demanded that Henry Kissinger reveal the source of his funders before serving on the 9/11 Commission. Kissinger refused to release his own documents, and therefore did not serve on the commission.
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