Bushco Taxes Paid

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Doug
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Bushco Taxes Paid

Post by Doug »

DOUG
It's good to be king. (And the ventriloquist dummy takes the heat!)

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For Immediate Release April 14, 2006

VICE PRESIDENT CHENEY AND MRS. CHENEY RELEASE 2005 INCOME TAX RETURN

Vice President and Mrs. Cheney released their 2005 federal income tax return today. The return shows that the Cheneys owe federal taxes for 2005 of $529,636 on taxable income of $1,961,157. The Cheneys' adjusted gross income in 2005 was $8,819,006 which was largely the result of the exercise by an independent gift administrator of stock options that had been irrevocably set aside in 2001 for charity...[snip long account of Cheney's contributions]...As a consequence, the Cheneys are entitled to a refund of $1,938,930.
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You can read the rest here.
"We could have done something important Max. We could have fought child abuse or Republicans!" --Oona Hart (played by Victoria Foyt), in the 1995 movie "Last Summer in the Hamptons."
Barbara Fitzpatrick
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Post by Barbara Fitzpatrick »

Note: the elected officials of the federal government are ALL in the top 1% of family incomes that all the Bush tax giveaways are for. This article just proves what Dems and all "fair-taxers" have been saying - the top 1% actually pay less (if anything at all) in taxes than us lowest 25%. In fact, it would take a whole lot of single-head-of-household earned income credits to equal Cheney's refund.
Barbara Fitzpatrick
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