Inane Ramblings

18 April 2005

The President's Tax Return

Our Friends at Citizens for Tax Justice have crunched the numbers for both the President's and Vice President's tax returns....

Did you ever wonder how much the president makes, and how much he pays in taxes? It's some pretty amazing reading.

President and Mrs. Bush reported $784,219 in total income on their tax return. They paid $207,307 in income tax, $28,846 less than under the pre-Bush tax law.

Vice President and Mrs. Cheney reported $2,173,892 in total income on their tax return. They paid $365,840 in income tax, $81,336 less than under the pre-Bush tax law.

In percentage terms, the Bushes paid 12% less in income tax due to the President's tax cuts...The Cheneys paid 18% less.


Nice work if you can get it, eh?

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