Tuesday, February 5, 2008

You Don't Know Dick (cont'd)

For 2005, George W. and Laura Bush reported income of $738,880, paying $187,854 in taxes--about $26,000 less than they would have paid before the tax cuts he initiated. That same year, Dick and Lynne Cheney reported income of $9,120,960, paying taxes of $517,287, saving about $1,100,000 because of the tax cuts. Part of the savings was from charitable contributions he made that, due to a law designed to benefit Katrina victims, qualified for deduction from his income. None of contribitions went to hurricane victimes.

1 comment:

k-mad said...

What a heartwarming story.