[Vision2020] Dick Cheney's 2003 tax savings larger than your annual income.
rodna@moscow.com
rodna@moscow.com
Tue, 13 Apr 2004 22:05:03 GMT
Mr. Lohrmann -
And you are telling us about these estates that Kerry bought, sold, and owns
because . . . ?
Take care,
Tom Hansen
Who (in the past year):
Bought a 1992 Toyota Pickup (obviously a supporter of foreign interests)
Bought such quantities of Mocha, Latte', and breakfast rolls from Wheatberries
that would stagger the imagination of mortal man.
And is a registered Democrat.
When will it end?
Whee will it end?
> Yep, Dick and Dub really are rich guys.
> Good thing the Democrat party nominated a good ole joe sixpack type of fella
who feels
our economic pain!
> See below.
> TL
> The many homes of Democrat Presidential candidate, John F. Kerry's
family......
>
> 1. Fox Chapel, Pennsylvania (Assessed value: $3.7 million)
>
> 2. Ketchum, Idaho ski getaway/vacation home (Assessed value: $4.916 million)
>
> 3. Washington, D.C - Georgetown area (assessment: $4.7 million)
>
> 4. Nantucket, Massachusetts waterfront retreat on Brant Point (Assessed
value: $9.18
million)
>
> 5. Boston, Massachusetts - Beacon Hill home (Assessed value: $6.9 million)
>
>
> Oh, and he sold this estate in Italy to activist actor George Clooney, just
before
announcing his running for president. I guess he thought it might not sit well
with the
common man. ($7.8 million)
>
>
> Other foreign property ownership by John Kerry is unknown... because he
denied repeated
requests for this information.
>
> John F. Kerry--just one of the common folk!
>
>
>
>
>
>
>
>
> Joan Opyr <auntiestablishment@hotmail.com> wrote:
> Dear Visionaries:
>
> Forwarding from http://www.salon.com. Dick Cheney will pay $88,047 less in
federal taxes
this year than he paid last year. Yay, tax cuts. Woo, woo. Woo. Wuh. (Just
for fun,
try dividing that number by your own salary, remembering to subtract for the UI
pay lag,
and then calculate your square root of aggravation. Got enough for that trip
to the moon,
Alice? Bang, zoom!)
>
> BTW, of particular interest to me is the fact that the Cheneys reported
$477,874 more in
income than the Bushes, but their effective annual tax rate was 8% less. Come
on, Dick --
stop holding out on George. Let that clever tax planner out of the secret
bunker and send
him on over to the White House.
>
> Ever more progressively yours,
> Joan Opyr/Auntie Establishment
>
>
> Bushes, Cheneys enjoy tax cuts
>
>
> - - - - - - - - - - - -
> By Jennifer Loven
>
> April 13, 2004 | WASHINGTON (AP) -- President Bush reported $822,126 in
adjusted gross
income for last year, on which he paid $227,490 in federal income taxes – or
about 28
percent, according to the president's federal returns released Tuesday by the
White House.
>
> Bush and his wife, Laura, listed as income his presidential salary, interest
and the
investment income from trusts that hold their assets.
>
> The Bushes' income and tax bill was slightly lower than the previous year,
when the First
Couple reported $856,056 in adjusted gross income and paid $268,719 in federal
income
taxes. For 2002, the Bushes paid about 31 percent of their income in federal
taxes.
>
> The White House also released the 2003 tax return filed by Vice President
Dick Cheney and
his wife, Lynne. They reported $1.3 million in adjusted gross income and owed
$253,067 in
federal taxes. The Cheneys' 2003 tax bill – much lower than the $341,114 they
paid for
2002 on just slightly less money – represented just 20 percent of their
income.
>
> For 2002, the Cheneys paid 29 percent of their adjusted gross income in
federal taxes.
Their income includes the vice president's $198,600 government salary and the
$178,437 he
earned in deferred compensation from Halliburton Co., the Dallas-based energy
services
firm he headed until Aug. 16, 2000. Cheney elected in 1998 to recoup over five
years a
portion of the money he made in 1999 as chief executive officer of Halliburton.
>
> "The amount of deferred compensation received by the vice president is fixed
and is not
affected by Halliburton's current economic performance or earnings in any way,"
said a
statement released by the vice president's office – a word-for-word
reiteration of the
statement he released last year.
>
> The vice president's office made the statement to explain the deferred
compensation.
Cheney's office has repeatedly stated that the vice president doesn't have a
financial
stake in the success of Halliburton, nor does he have anything to do with
defense
contracts.
>
> The Cheneys' income also includes Mrs. Cheney's income from work at the
American
Enterprise Institute, a Washington-based think tank, and compensation from her
service on
the Reader's Digest board of directors in 2003.
>
> The White House distributed the Bushes' federal form 1040 for 2003 with
attached schedules
two days before the April 15 filing deadline. For Cheney, only the federal form
1040 was
released.
>
> The Bushes reported itemized deductions of $95,043, including $68,360 to
churches and
charitable organizations, including Evergreen Chapel at Camp David, Md.,
Tarrytown United
Methodist Church in Austin, Texas, St. John's Church in Washington, D.C., the
M.D.
Anderson Cancer Center in Houston, Texas and the federal government's Combined
Federal
Campaign.
>
> The Bushes paid $21,352 in state property taxes on their ranch near Crawford,
Texas, up
from $19,902 last year.
>
> The Cheneys reported itemized deductions of $454,649. The couple donated
$321,141 to
charity in 2003, mostly in royalties from the sales of Mrs. Cheney's
books, "America: A
Patriotic Primer," "A is for Abigail" and soon-to-be-out "Fifty States."
>
> Bush overpaid his 2003 taxes by $61,451, and elected to apply the entire
amount to their
2004 tax bill.
>
> The Cheneys overpaid their taxes by $5,712 and also directed that amount to
go toward
their 2004 taxes.
>
>
>
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