Kerry Won't Release Tax Info on Teresa's Treasure

NewsMax.com ^ | 4/14/04 | Carl Limbacher and NewsMax.com Staff

[kattracks]

Democratic presidential candidate John Kerry vacations in multimillion-dollar mansions, owns a $700,000 yacht, rides exotic Italian motorcycles and helps finance it all with a millions in annual income from family investments in Heinz Foods.

But Kerry's campaign won't release one iota of tax information on the jackpot that keeps him living in style, because he files his tax return separately from his wife, ketchup heiress Teresa "Don't Call Me Mrs. Kerry" Heinz.

Of course, none of this bothers the partisan press, which blithely reported on Mr. Kerry's tax filing yesterday without noting that the bulk of his income comes from "separate" sources, and that tax info on the Kerry family's main cash stash will remain top secret.

To hear the media tell it, the Massachusetts Democrat manages to get by on a relatively meager $395,338 annual salary, on which he paid $90,575 in taxes.

But mum's the word on the tax status of America's first lady in waiting, Teresa Heinz, whose holdings approach three-quarters of a billion dollars.

Is America entitled to know the taxable details of Teresa's treasure? You be the judge.

When Kerry's campaign was headed down the toilet last December, suddenly the missus' income didn't sound so separate. Hubby John simply mortgaged "his half" of the Beacon Hill mansion she had purchased with her ketchup cash years before.

Then there was the couples' vacation last month, which saw the candidate schussing down the slopes in Ketchum, Idaho, before retiring for the evening in Teresa's $5 million ski chalet.

According to the Fox News Channel, Teresa's current holdings in the Heinz Foods Empire continue to net a pretty-penny - "up to $20 million" per year.

Mr. Kerry's $150,000 Senate salary, is, by comparison, pocket change.

So how much of their actual household income do Mr. and Mrs. Kerry fork over to the IRS? As far as the pro-Democrat press is concerned, the answer seems to be, don't ask, don't tell.

[Hildy]

Uhm...doesn't he have to? I'm confused.

[Ciexyz]

Enquiring minds want to know.

[Redemption]

Yeah, he should. All candidates are supposed to file a Financial Disclosure Form ("Form 6").

[mewzilla]

I'm wondering if he has to disclose tax-exempt personal income. Surely he's got quite a bit of that.

[CatoRenasci]

Legally probably not. Ethically, of course.

There is a question, however, if he lives beyond his reported means, whether she is making illegal campaign contributions to him.

[Ciexyz]

It's understandable why the AFL-CIO is having trouble convincing the rank and file to vote for Kerry. Asking hard working laboring people to vote for a guy with a five million dollar ski chalet who claims his goal is to help the working person....yeah right.

[NCPAC]

No, Kerry does not have to release his wife's tax filings. In fact, he doesn't have to release his own tax filings.

[Lucky2]

john F'n kerry is still trying to sell the illusion that he's one of the little guys. teresa's fortune will make him look like a fortune hunter and a gigolo. He'll fight this to the bitter end and then claim it's an invasion of his privacy.

[Prince Charles]

Does the ketchup queen think she can hide behind Lurch all the way to November? Someone ought to tell her the way the process works...

[Chewbacca]

Conflict of interest.

[Cobra64]

Mr. Kerry's $150,000 Senate salary, is, by comparison, pocket change.

Gonna be tough for John F'n to pay off his $6m loan. Eh?

[F.J. Mitchell]

We could say that John (French kiss) Kerry, in the pocket of BIG KETCHUP. His hand is definately in the purse where lots of BIG KETCHUP money winds up.

[kabar]

Kerry's Finacial Disclosure Forms do provide this info. Check this link:

http://www.opensecrets.org/pfds/candlook.asp?CID=N00000245

Lots of good info. Much of the Teresa Heinz' trusts is invested overseas.

[Mike Bates]

But mum's the word on the tax status of America's first lady in waiting, Teresa Heinz. . .

If there's any justice in this world, she'd going to be waiting a mighty long time.

Michael M. Bates: My Side of the Swamp

[Sybeck1]

150K senate salary is to cover the ski lift fees lol

[There's millions of'em]

"Gonna be tough for John F'n to pay off his $6m loan. Eh?"

Forget paying it off... How the he11 can he possibly even make the monthly payments?

[Mike Bates]

150K senate salary is to cover the ski lift fees lol

And that's if he doesn't tip, which is a safe guess. You may recall that on his '93 return Mr. Compassion earned over $130,000 and gave a whopping $175 to charity.

[Sangria]

He won't release military records, he won't release medical records, he won't release any records because he's a jackass.

[BillyCrockett]

Ah... Mr Kerry-Heinz... the millionare gigilo

Still waiting for the Dems to really feel the primary hangover. Imagine it. Millions of green faces hanging over the hopper!