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CNN: What was Kerry's 2003 Gross Income?
- Thread starter GTaudiophile
- Start date
GTaudiophile
Lifer
Anyone else want to bet that "Common Man" Kerry made more $$$ in 2003 than Bush?
xxxxxJohnGaltxxxxx
Banned
How much did he pay this year? Last year, he paid $436,972 in taxes...not quite 'so little' in my book. How much did you pay btw?
xxxxxJohnGaltxxxxx
Banned
Willy paid $94K during his last year in office...just to put things into perspective 🙂
..btw, I cited total taxes paid...did not subtract any overpayments...
Not according to Forbes.
"Sen. Kerry, like the last JFK from Massachusetts to serve as commander in chief, is also extremely wealthy. We estimate his family fortune at $525 million, which would make him, if elected, the third-richest president ever. But the key word is "family." The Kerry money comes from his wife, Teresa Heinz Kerry, who inherited it from her late husband, Sen. John Heinz III of the Heinz food family. "
RabidMongoose
Lifer
Yeah, let's get a poor president in the office. I mean it's about time we have a miserable failure that can't even hold a job or become a success to be the president.
Bitek
Lifer
From the Christian Science Monitor:
"Bushes pay $225,000 in federal taxes
Posted: Tuesday, April 13, 12:51pm EDT
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."
Gee, wouldn't it be nice to pay only 20% in income taxes. Maybe when I'm rich I can pay much less tax than I do now...
Bitek
Lifer
BTW, in other news: (Also from CSM)
Americans prefer balanced budget to tax cut, half of all Americans feel total tax burden has risen over last 3 years.
"Poll: People prefer balanced budget
Posted: Tuesday, April 13, 3:27pm EDT
By almost a 2-1 margin, Americans prefer balancing the nation's budget to cutting taxes, according to an Associated Press poll, even though many believe their overall tax burden has risen despite tax cuts over the past three years.
About six in ten, 61 percent, chose balancing the budget while 36 percent chose tax cuts when they were asked which was more important, according to a poll conducted for the AP by Ipsos Public Affairs.
As the nation's tax deadline of April 15 approaches, people's lukewarm feeling about tax cuts may be influenced by a belief that recent cuts haven't helped them personally.
Half in the poll, 49 percent, said their overall tax burden - including federal, state and local taxes - had gone up over the past three years. That's almost four times the 13 percent in the poll who said their overall taxes had gone down.
Even when it comes to federal taxes, most in the public don't feel their taxes have gone down over the past three years. Twenty-five percent in the poll said their federal taxes had gone up during that time, while 43 percent said they had stayed the same."
Being elected President: $200,000,000,000 (of other people's money)
2003 US Public Debt: $3,924,090,106,880.88
2004 Estimated Budget Deficit: $520,000,000,000
President Bush and VP Cheney's 2003 Tax Savings: $129,276
Giving yourself and the rich donors who put you in office massive taxcuts while sticking it to the little guy: Priceless
Americans prefer balanced budget to tax cut, half of all Americans feel total tax burden has risen over last 3 years.
"Poll: People prefer balanced budget
Posted: Tuesday, April 13, 3:27pm EDT
By almost a 2-1 margin, Americans prefer balancing the nation's budget to cutting taxes, according to an Associated Press poll, even though many believe their overall tax burden has risen despite tax cuts over the past three years.
About six in ten, 61 percent, chose balancing the budget while 36 percent chose tax cuts when they were asked which was more important, according to a poll conducted for the AP by Ipsos Public Affairs.
As the nation's tax deadline of April 15 approaches, people's lukewarm feeling about tax cuts may be influenced by a belief that recent cuts haven't helped them personally.
Half in the poll, 49 percent, said their overall tax burden - including federal, state and local taxes - had gone up over the past three years. That's almost four times the 13 percent in the poll who said their overall taxes had gone down.
Even when it comes to federal taxes, most in the public don't feel their taxes have gone down over the past three years. Twenty-five percent in the poll said their federal taxes had gone up during that time, while 43 percent said they had stayed the same."
Being elected President: $200,000,000,000 (of other people's money)
2003 US Public Debt: $3,924,090,106,880.88
2004 Estimated Budget Deficit: $520,000,000,000
President Bush and VP Cheney's 2003 Tax Savings: $129,276
Giving yourself and the rich donors who put you in office massive taxcuts while sticking it to the little guy: Priceless
MonstaThrilla
Golden Member
Good thing you didn't make a bet with anyone... 😉
RabidMongoose
Lifer
Originally posted by: Red Dawn
Like Bush really earned his wealthTruman was twice the Leader than the Dub can even dream of being and he definately wasn't rich!
That statement wasn't meant to be made in defense of Bush... 😉
Just that looking at a president's income doesn't mean much and that I wouldn't think that I would want the 47 year old paperboy to be the president.
dahunan
Lifer
Nice to see Cheney still receiving money from Haliburton 😉
Cheney Took in $178,437 from Halliburton in 2003
WASHINGTON (Reuters) - Vice President Dick Cheney (news - web sites) received $178,437 in deferred pay last year from Halliburton, the Texas oil-field services company he once headed that has received billion-dollar government contracts in Iraq (news - web sites).
http://story.news.yahoo.com/news?tmpl=story&cid=584&e=3&u=/nm/20040413/pl_nm/bush_cheney_taxes_dc
Cheney Took in $178,437 from Halliburton in 2003
WASHINGTON (Reuters) - Vice President Dick Cheney (news - web sites) received $178,437 in deferred pay last year from Halliburton, the Texas oil-field services company he once headed that has received billion-dollar government contracts in Iraq (news - web sites).
http://story.news.yahoo.com/news?tmpl=story&cid=584&e=3&u=/nm/20040413/pl_nm/bush_cheney_taxes_dc
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