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Old 04-14-2006, 05:43 PM
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Default "Rich People" and Taxes

Oh, those darn rich people who don't pay anything in taxes and don't pay their "fair share." Look again:

"President George W. Bush and his wife, Laura, paid $187,768 in federal income taxes for the 2005 on total income of $618,694, the White House said on Friday. Whic is almost 30%.

"Vice President Dick Cheney and his wife, Lynne, reported taxable income for 2005 that was more than three times that of the Bushes, $1,961,157, on which they owe $529,636 in federal taxes.

The Cheneys' adjusted gross income in 2005 was $8,819,006, which his office said 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."


"The Cheneys had donated $6,869,655 to charity in 2005."

"The White House said Bush and Mrs. Bush contributed $75,560 to churches and charitable organizations, including the American Red Cross' hurricane 2005 relief, the Salvation Army's hurricane relief fund and Pakistan earthquake relief, among other organizations."

Wonder what the Dem leaders donated in 2005?

http://news.yahoo.com/s/nm/20060414/...ney_taxes_dc_1
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