Keyword: taxreturn

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  • Clinton, Kaine release tax return information

    08/12/2016 10:09:24 AM PDT · by blueyon · 19 replies
    RichmondTimes Dispacth ^ | 8/12/16 | from staff and wire writers
    Democratic nominee for president Hillary Clinton released her 2015 tax return on her campaign website on Friday. The campaign also released 10 years worth of returns for running mate Sen. Tim Kaine and his wife, Anne Holton. The records show that during the past 10 years, Kaine and Holton paid a combined effective tax rate (described as federal, state and local taxes) ranging from 18.7 percent in 2009 – Kaine’s final full year as governor – to 29.1 percent in 2011. For the couple’s most recent return, for 2015, they paid a combined effective tax rate of 25.6 percent. For...
  • Huckabee: Romney trying to 'sink' Trump over taxes

    05/12/2016 1:48:49 PM PDT · by jazusamo · 70 replies
    The Hill ^ | May 12, 2016 | Jesse Byrnes
    Mike Huckabee on Thursday ripped Mitt Romney for calling on Donald Trump to release his taxes, accusing the 2012 GOP nominee of trying to "sink" the party's current presumptive presidential nominee. "I supported Romney, just as I will Trump, despite having serious differences with both," Huckabee wrote on his website, adding that he was "especially disappointed" in Romney over the issue. "He’s not only trying to sink his own party’s presumptive nominee, but he’s factually incorrect and he’s making the same unfair attack on Trump that was launched against him in 2012," he wrote. Romney has been calling on Trump...
  • Donald Trump: I'll release tax returns after audit

    05/11/2016 5:56:15 PM PDT · by RayofHope · 31 replies
    CNN ^ | 05/11/2016 | Jeremy Diamond
    (CNN)Donald Trump said Wednesday that he plans to release his taxes when an IRS audit is completed, despite telling the Associated Press the previous day before that he would not release his tax documents. "In interview I told @AP that my taxes are under routine audit and I would release my tax returns when audit is complete, not after election!" the real estate mogul tweeted Wednesday, after Trump's critics, including Mitt Romney and other Republicans, who have urged Trump to make his tax returns available.
  • Obama-Care Screwed Me

    10/10/2015 5:23:19 PM PDT · by MrMarbles · 29 replies
    10.10.2015 | Mr. Marbles
    For the first time in my life of fifty-one years, I still haven't received my tax refund because of the Obamacare portion of my taxes. I waited two hours on the phone in early September to finally talk to an IRS agent, only to be told I should give my situation another 60 days because the agency is so overwhelmed with Obamacare crap they are trying to process.
  • ACA (ObamaCare) infiltrates your Tax Return this year. (Vanity)

    02/02/2015 7:20:46 AM PST · by Din Maker · 33 replies
    I did my Income Taxes online last night. I got a surprise near the end. The tax program, I've used for years would not let me complete the process until I answered "Government Required" questions re: my family's health care. It began with: "Due to the implementation of the Affordable Care Act......" It seemed to indicate that if one does not have Health Coverage, it could hold up your Tax Return. That's your Government at work "for you"!
  • Georgia woman files bogus $94 million tax return, gets arrested

    09/29/2014 2:54:25 PM PDT · by boycott · 39 replies
    NY Daily News ^ | September 27, 2014 | Deborah Hastings
    Brigitte Jackson is nabbed by cops in elaborate sting. She gets caught when she tries to cash fake state check for $94,323,148.
  • National Organization for Marriage Sues IRS for Disclosure of Tax Returns (Obama Gestapo)

    10/19/2013 8:25:56 AM PDT · by NKP_Vet · 14 replies ^ | October 18, 2013 | JOAN FRAWLEY DESMOND
    WASHINGTON — In March 2012, the Human Rights Campaign, the nation’s leading homosexual-rights group, posted the National Organization for Marriage’s (NOM) confidential 2008 tax returns, including the names of donors. The disclosure of tax returns without permission is a felony, and NOM quickly cited evidence that allegedly pointed to an Internal Revenue Service official as the likely source of the confidential data. But a year and a half later, after repeated inquiries elicited no satisfactory response from the IRS, NOM has filed a lawsuit demanding answers and damages. “Our confidential tax returns were disclosed to the Human Rights Campaign, which...
  • N.Y. tax checkoff funds for cancer research sit idle

    10/13/2013 8:14:09 AM PDT · by KeyLargo · 8 replies ^ | Oct 13, 2013
    N.Y. tax checkoff funds for cancer research sit idle Since 2005, New York taxpayers have donated $1.8 million through their income tax returns to aid the fight against prostate cancer, but researchers have yet to see a dime.
  • Most People Are Supposed To Pay This Tax. Almost Nobody Actually Pays It.

    04/16/2013 9:25:07 PM PDT · by 2ndDivisionVet · 50 replies
    National Public Radio's Planet Money ^ | April 16, 2013 | Chana Joffe-Walt
    The majority of Americans have now filed their taxes. And the majority of Americans have done so incorrectly. There is one mistake, in particular, that lots of people made: They bought tax-free things online or in another state — and they failed to pay tax on their purchase in their home state. It's called a use tax. As far as I can tell, accountants and tax lawyers are some of the only people who pay it. Forty-five states have a use tax. About 1.6 percent of the taxpayers in those 45 states actually pay the use tax. So I figured...
  • Obama’s 2012 Tax Return released

    04/12/2013 12:41:40 PM PDT · by politisite · 24 replies
    White House, Politisite ^ | 4/12/2013 | Albert N. Milliron
    Today, the President released his 2012 federal income tax returns. He and the First Lady filed their income tax returns jointly and reported adjusted gross income of $608,611. The Obamas paid $112,214 in total tax.
  • Rep. West has counteroffer for Obama's tax-return request

    08/17/2012 6:31:34 PM PDT · by paul in cape · 24 replies
    The Hill ^ | 8-17-12 | Alicia M. Cohn
    Rep. Allen West (R-Fla.) set high stakes in an offered “deal” with President Obama on Friday. Obama’s campaign isn’t backing down on requests to see Mitt Romney’s tax returns — on Friday, campaign manager Jim Messina offered to stop asking if he releases five years' worth — but the freshman Florida congressman had a counteroffer for Obama. “Show us your sealed college records and Operation Fast and Furious White House memos, and we will all show you our tax returns,” West wrote on his Facebook page Friday. It’s not an original offer; businessman and Romney supporter Donald Trump has been...
  • Tax Return Proposal

    08/17/2012 4:12:26 PM PDT · by paul in cape · 16 replies
    Romney needs to counterpunch. "Here's the deal, Mr. President. I will release my 2009 tax return, which I'm holding right here, within 1 minute of you releasing your college transcripts, and any articles you wrote at Harvard."

    08/03/2012 8:01:59 AM PDT · by ctpsb · 22 replies ^ | 08/01/12 | Ann Coulter
    Mitt Romney presents one enormous problem for Barack Obama's campaign: No divorce records. That's why the media are so hot to get their hands on Romney's tax records for the past 25 years. They need something to "pick through, distort and lie about" -- as the Republican candidate says. Obama's usual campaign method, used in 100 percent of his races, has been to pry into the private records of his opponents.
  • The Taxman Cometh...Extension information

    04/15/2012 5:35:27 AM PDT · by nuconvert · 1 replies
    Just thought I'd pass along some information I heard about just recently. For anyone who owes money to the IRS for 2011, & has been unemployed for at least 30days in 2011 or in these past few months of 2012, there is a special Extension form that will allow you to postpone paying for 6 months. It's form #1127-A, and it's called "Application for Extension of Time for Payment of Income Tax for 2011 Due to Undue Hardship". This is different from a normal extension, in that you don't have to pay anything up front. The late payment fee is...
  • Obama Family Tax Shelter - (First family transfers wealth, avoids taxes)

    04/13/2012 1:48:15 PM PDT · by Beaten Valve · 33 replies
    Washington Free Beacon ^ | April 13, 2012 | Free Beacon Staff
    President Obama and his wife, Michele, gave a total of $48,000 in tax-free gifts to their daughters, according to tax records made public on Friday. The president and his wife separately gave each daughter a $12,000 gift under a section of the federal tax code that exempts such donations from federal taxes. There is nothing illegal about the president’s taking advantage of this tax shelter, but it does raise eyebrows given that he has lamented the myriad tax exemptions used by the wealthy—“millionaires and billionaires” like himself—to pay less in taxes. He has yet to propose a comprehensive plan to...
  • Santorum's provocative language could be obstacle

    02/15/2012 6:55:30 PM PST · by Mariner · 118 replies
    Reuters ^ | Feb 15th, 2012 | Ros Krasny
    BOSTON (Reuters) - Republican candidate Rick Santorum has won support from American conservatives for his views on social issues but a habit of hyperbole may lead to stumbles in his White House bid. In Boise, Idaho, on Tuesday, Santorum compared contraception to deodorant and soap when making a point about why he believes birth control should not be covered by health insurers. "Let's mandate that every insurance policy covers toothpaste. Deodorant. That might be a good idea, right? Have everyone cover deodorant, right? Soap. I mean, where do you stop?" Santorum also fell back on a well-worn Republican criticism that...
  • Romney doesn't rule out Santorum as veep

    02/15/2012 8:01:07 PM PST · by Fred · 77 replies
    Washington Examiner ^ | 021512 | Byron York
    Mitt Romney, whose campaign is preparing a multi-million dollar wave of negative advertising to persuade voters that Rick Santorum should not be president, says he is open to the possibility of choosing Santorum to be his running mate should Romney win the Republican nomination. Romney appeared on Fox News Wednesday morning and was asked, "You and Rick Santorum, we haven't seen you go head-to-head yet…In the big picture, could you see a scenario where you two team up?" "Oh, I think it's always possible to have people come together in our party, whether it's Rick and I, or others in...
  • Romney Races to Defend Michigan [Panic Time For Romney: Should Newt Endorse Santorum?]

    02/14/2012 6:05:48 PM PST · by Steelfish · 52 replies
    Wall St. J ^ | February 14, 2012 | JOSEPH B. WHITE AND NEIL KING JR.
    FEBRUARY 15, 2012 Romney Races to Defend Michigan State Up for Grabs as Santorum Surges BY JOSEPH B. WHITE AND NEIL KING JR. [Subscriber Content Preview] DETROIT—Amid signs Rick Santorum could win an upset victory in Michigan, Mitt Romney escalated his campaign to win the state's Republican primary by taking on the powerful auto union and reigniting the debate over the federal bailouts of two Detroit auto makers. Mr. Romney, writing in a Detroit News editorial-page column Tuesday, attacked as "crony capitalism on a grand scale" the Obama administration's $81 billion auto-industry bailout nearly three years ago. The salvo comes...
  • Santorum revels in sudden support-but how deep?

    02/14/2012 9:03:29 PM PST · by VinL · 17 replies
    Star Telegram ^ | 2-14-12 | Peoples
    The latest Republican to surge in polls, Rick Santorum is trying to turn his newfound strength into something lasting. Curious Republicans now pack his rallies. Supporters have funneled nearly $4 million to his formerly empty campaign account over the past seven days. And his staff is plotting an aggressive strategy to challenge Mitt Romney in Romney's native Michigan and beyond. But things don't look so strong just beneath the surface. Santorum is underfunded and outmanned. He's still lacking in organization, a month and a half into the primary season. And, after he won three contests in a single day last...
  • An Obama-Santorum matchup would be good for the country

    02/14/2012 7:26:22 PM PST · by writer33 · 38 replies
    Baltimore Sun ^ | 02/14/12 | Kyle Scott
    Mitt Romney was the inevitable nominee — until he wasn't. In order to sustain a lead, a candidate's message must resonate with the heart and the mind. Mr. Romney's cakewalk to the nomination has been stymied by the inability to get anyone excited about his campaign. He has supporters but not believers. Rick Santorum's message resonates with voters' hearts and minds (this week at least), because he is a true believer. He believes in his message, and his message is consistent with core Republican values. What gave Mr. Santorum the edge in Iowa, Minnesota, Colorado and Missouri can give him...
  • Tax return slippery slope (Romney's not so subtle problem)

    01/17/2012 7:26:03 AM PST · by Lakeshark · 27 replies
    Legal Insurrection ^ | 1/17/2012 | William Jacobson
    I saw this coming from a mile away. Mitt Romney’s original position that he would not release his income tax returns, a position he held to for several weeks, now is slipping. At the debate last night Romney gave a convoluted answer that he “probably” would release the tax returns in April — after he likely will have wrapped up the nomination if he stays on the current trajectory. The answer was cringe-worthy:**snip**Newt is not letting it go: "Newt Gingrich says Mitt Romney should release his tax returns before primary voters head to the polls in South Carolina on Saturday....
  • Perry calls on Romney to release tax returns

    10/25/2011 12:34:32 PM PDT · by Cincinatus' Wife · 73 replies
    Boston Globe ^ | October 25, 2011 | Matt Viser
    WASHINGTON – Rick Perry, after calling Mitt Romney a “fat cat,” today also called on the former Massachusetts governor to release his income tax returns, an indication that Perry will increasingly make an issue of Romney’s wealth in the Republican presidential primary. The strong charges from Perry are striking coming from a candidate who himself two months ago accused President Obama of “trying to engage in class warfare and shooting high-powered bullets at people who have corporate jets.” Now, as Perry tries to gain an edge on Romney – by far the wealthiest candidate in the race – the Texas...
  • Obama's Tax Return and Self-Employment Tax

    04/16/2009 4:38:56 AM PDT · by kalt · 19 replies · 1,682+ views
    Linked on Drudge ^ | 4/16/2009
    Obama's tax return was linked on Drudge.
  • Calif. Taxpayers Due Refunds May Get IOUs

    12/31/2008 7:41:30 PM PST · by TigerLikesRooster · 107 replies · 4,337+ views
    MSNBC ^ | 12/31/08 | Patrick Healy
    Calif. Taxpayers Due Refunds May Get IOUs By Patrick Healy updated 8:46 p.m. ET Dec. 31, 2008 If you expect you'll be getting a refund from California when you file your 2008 state income tax return, be prepared: you may instead receive a "registered warrant." Translation: an IOU. California is rapidly running out of money. Blame it on the state budget deficit that continues to bleed billions of dollars from California's reserves. Facing inadequate credit to make up the difference, California's Controller John Chiang warns that by the end of February, the nation's most populous state may not be...
  • Palin tax returns, financial disclosure (Updated)

    10/03/2008 7:27:57 PM PDT · by BAW · 29 replies · 1,215+ views
    Anchorage Daily News ^ | October 3, 2008 - 1:58 pm
    Sarah Palin is the breadwinner of the family, the documents show. Last year as Alaska governor she earned $122,000 in the "Medicare wages" field of her W-2 form, while Todd Palin earned $46,600 as an employee of BP Exploration Alaska Inc. Todd Palin also reported a net profit of $15,500 from a commercial fishing business. But the champion snow-machine racer reported a loss of nearly $10,000 from his racing venture.
  • Former IRS Employee Sued for Tax Scam ($850K lost)

    09/06/2008 3:09:20 PM PDT · by TigerLikesRooster · 6 replies · 201+ views
    WebCPA ^ | 09/05/08
    Former IRS Employee Sued for Tax Scam Chicago (Sept. 5, 2008) By WebCPA staff | The Justice Department has accused a former Internal Revenue Service secretary of cheating her tax prep clients and the government out of approximately $850,000. The government filed suit in a federal district court in Chicago seeking a permanent injunction against Debra Windham to prevent her from preparing tax returns from others. Windham, who prepares returns under the business name Special Circumstances, allegedly claimed false deductions for her clients and then applied without their knowledge for refund anticipation loans in their names.
  • Bushes pay taxes on $923,807 income

    04/11/2008 3:04:46 PM PDT · by jpl · 16 replies · 91+ views
    Yahoo News ^ | Friday, April 11, 2008 | AP
    WASHINGTON - The federal tax bill for President Bush and his wife: $221,635. That's how much the Bushes owed on their adjusted gross income of $923,807 for the year 2007, according to a joint return released Friday. The Bushes have paid $203,894 so far, which means they'll need to break out the checkbook — they owe the government $17,741. Their income total includes a $150,000 advance received by Laura Bush for the children's book she co-authored with her daughter, Jenna. Last year, the president and Mrs. Bush paid $186,378 in federal taxes on their income of $765,801. Bush's salary as...
  • 'The Clinton's favorite charity

    04/05/2008 7:22:34 AM PDT · by cricket · 37 replies · 221+ views
    Powerline ^ | 4/05/08 | Scott Johnson
    italics/bold mine:Yesterday the news was full of accounts of the Clintons' 2000-2006 tax returns. At the top of the stories -- as in the "deep background" report by Andrea Mitchell and the NBC investigative unit -- reporting their total income of $108 million over the past eight years (including 2007) was their $10 million in contributions to charity. The stories appear to be based in large part on the summary provided by the Clinton campaign, rather than on the returns themselves. Here is the summary's description of the Clintons' charitable contributions: CHARITABLE CONTRIBUTIONS: $10,256,741 The Clintons donated $10,256,741 to charity...
  • ABC News: Clintons Raked in $50 Million Since Leaving White House

    04/04/2008 8:19:55 AM PDT · by teddyballgame · 41 replies · 106+ views
    ABC News via ^ | 4/3/08 | Rush Limbaugh Show
    ROSS: An examination of the records Clinton has filed reveals her husband is a partner in an investment fund, Yucaipa Global Partnership, registered in the Cayman Islands. The former president's Cayman Island investment is part of his dealings with a close friend, Los Angeles billionaire Ron Burkle. Clinton is also expected to receive a payout of around $20 million for his role as an advisor to Burkle's investment fund. Clinton also has been paid millions as a consultant for a company run by another close friend, Indian-American businessman Vinod Gupta. Clinton had earned $47 million in speaking fees since leaving...
  • Clintons show $109M income

    04/04/2008 1:00:29 PM PDT · by SF Republican · 193 replies · 259+ views
    DRUDGE ^ | 4/4/8 | Drudge
    World Exclusive: 4/4/08 15:43:06 ET 2000-2007 Returns Feds Taxes Paid: $33.7 million Charity: $10.2 million
  • FR WORLD EXCLUSIVE: Clintons may have understated 2000-2007 income by 200 million dollars

    04/04/2008 2:17:40 PM PDT · by doug from upland · 60 replies · 135+ views
    Aaron Tonken was a grand jury witness in New York when an investigation was conducted of Bill Clinton's last-minute pardon of fugitive financier Marc Rich. Tonken is currently incarcerated, but he remains a defendant and perhaps star witness in Paul v Clinton. I don't know what he told the grand jury, but I hope we can someday find out. Today, I discussed with a source, who has knowledge of the grand jury and had done work with Denise Rich, the Clinton claim of $109 million income in the 2000-07 tax returns they just released. It evoked big laughter. My source...
  • GE Files 24,000-Page Tax Return

    06/01/2006 3:10:01 PM PDT · by pigdog · 27 replies · 729+ views
    The Associated Press ^ | June 1, 2006 | Ed Donahue, A-P correspondent
    GE Files 24,000-Page Tax Return WASHINGTON -- Taxpayers who gripe about long returns have nothing on General Electric Co., which filed a 24,000-page tax return this month. The Internal Revenue Service said the company "stepped up and embraced" the new requirement for companies with more than $50 million in assets to file electronically. If GE had sent paper forms, the return would have stacked up eight feet high ...
  • Bushes Report Gross Income of $784,219 (Tax Time)

    04/15/2005 2:58:21 PM PDT · by So Cal Rocket · 43 replies · 801+ views
    AP via My Way News ^ | Apr 15, 4:24 PM (ET) | By DEB RIECHMANN
    WASHINGTON (AP) - President Bush reported adjusted gross income of $784,219 for last year, on which he paid $207,307 in federal taxes - about $20,000 less than the previous year, according to the president's return released Friday by the White House. In 2003 the president and first lady Laura Bush reported $822,126 in adjusted gross income and paid $227,490 in federal income taxes. On their 2004 return the Bushes listed as income his presidential salary - about $400,000 - and investment income from trusts that hold their assets. The couple contributed $77,785 - about 10 percent of their adjusted gross...
  • Bush, Cheney tax returns released (No sign of the *Clinton so-called joint return, yet...)

    04/15/2005 7:27:36 PM PDT · by Libloather · 10 replies · 857+ views
    WIStv ^ | 4/15/05
    Bush, Cheney tax returns released (White House-AP) April 15, 2005 - President Bush and first lady Laura Bush earned less from their investments last year, and they also paid less in taxes. The first couple's 2004 federal income tax return indicates reported adjusted gross income of just over $784,000. That compares to more than $822,000 in 2003. The earnings include the president's salary and income from investments held in blind trust. The Bushes paid more than $207,000 in federal taxes, or about $20,000 less than in 2003. They also donated nearly $78,000 to churches and other nonprofit groups. Vice President...
  • California Experiments With Pre-Fab Tax Returns (state to fill it out for people)

    02/20/2005 9:19:49 PM PST · by FairOpinion · 41 replies · 666+ views
    CBS ^ | Feb. 20, 2005 | KCBS
    California has announced plans to launch a major new experiment in the way its residents pay taxes. Ten thousand randomly selected taxpayers will be asked to sign up for a pilot program to let the government fill out their tax returns. "Most people don't find filling out their tax forms to be a lot of fun. We're going to do it for them," State Controller Steve Westly told KCBS's Larry Chiaroni. "California is the technology leader for the world. We ought to be using more of that technology to make people's lives just a little bit simpler." Westly is a...
  • MRS. KERRY NEEDS TO REVEAL ALL (near-billion assets bring $5M on investments?)

    10/24/2004 2:28:40 AM PDT · by Liz · 22 replies · 900+ views
    If Senator John Kerry wins the presidency nine days from now, his family will be the richest ever (even adjusted for inflation) to occupy the White House. How rich? And how much taxes does this rich family pay to Uncle Sam? Well, that's where things start to get murky. And there are no signs voters will get any illumination on the subject before election day. Despite repeated promises from the Kerry campaign back in May that Teresa Heinz Kerry would disclose her 2003 tax returns this October, this week's release of just two pages of her 1040 form (with no...
  • Freep Poll (Is the Heinz-Kerry's 12.5 Percent tax rate fair?)

    10/20/2004 6:51:33 PM PDT · by Tribune7 · 46 replies · 884+ views
    John Kerry and wife Teresa had a combined income of $6.8 million last year and paid $725,000 in taxes giving them a tax rate of 12.8 percent. Is this fair? Yes -- Special, important people should pay a special low rate. No -- That's disgraceful. The average American pays a 20 percent tax rate.
  • Teresa's Taxes: Let Them Eat Ketchup

    10/19/2004 1:11:30 AM PDT · by Cincinatus' Wife · 16 replies · 838+ views
    Investor's Business Daily ^ | October 19, 2004
    Full Disclosure: John Edwards often speaks of "two Americas" — one that "pays the taxes" and another that "gets the tax breaks." Meet Teresa Heinz Kerry and her tax accountants. John Kerry wants to raise taxes on everyone making over $200,000, rolling back Bush's "tax cuts for the rich." So why did his wife pay only 12.5% of her income in taxes last year? According to documents released by the Kerry campaign, Teresa Heinz Kerry in 2003 paid taxes at a rate barely above the rate paid by the lowest-income Americans who actually pay taxes. She reported a total income...
  • WSJ: Teresa's Fair Share -- How a mega-millionaire pays a lower rate than the middle class

    10/18/2004 5:16:24 AM PDT · by OESY · 34 replies · 1,780+ views
    Wall Street Journal ^ | October 18, 2004 | Editorial
    The Kerry campaign finally released Teresa Heinz Kerry's 2003 tax return, or rather two pages of it, late last Friday, and the story got buried next to the hardware-store ads.... ...In 2003, Mrs. Kerry -- or Teresa Heinz, as she declared herself on her IRS 1040 form -- earned $5.07 million, hardly a surprising income for someone estimated to be worth nearly $1 billion. The news is that $2.78 million of that income came in the form of tax-exempt interest from what the Kerry campaign's press release attributed to investments in "state, municipal and public entity bonds." ...On her remaining...
  • Mrs Heinz Tax Return

    10/17/2004 4:46:15 PM PDT · by nobs04 · 36 replies · 1,116+ views
    Mrs Heinz on Saturday released incomplete tax filings for 2003. Most notably absent was Schedule B. Also she filed a Schedule SE Self Employment Tax yet failed to file a Schedule C, unless the Self Employment Income came from a Partnership or LLC which then would require Form 1065. There is no Schedule K-1.
  • Wild and Crazy Guy (John Kerry and his billionaire wife pay lower taxes than you do)

    10/17/2004 2:38:37 PM PDT · by owls_man · 3 replies · 576+ views
    Remember the classic 1970s comic routine from Steve Martin? You can make a million dollars and pay no taxes. First, get a million dollars. Then when the IRS comes knocking on your door demanding to know why you didn't pay your taxes, just remember two simple words: "I forgot." Well, John Kerry has his own version. It goes like this: You can make a billion dollars and pay almost no taxes. First, marry a billionaire. Second, hire a gaggle of tax accountants and lawyers to bring your tax rate down to about half what many middle-income families pay.

    10/15/2004 11:05:51 PM PDT · by kattracks · 19 replies · 1,025+ views
    New York Post ^ | 10/16/04 | VINCENT MORRIS and DEBORAH ORIN
    October 16, 2004 -- John Kerry's near-billionaire wife, Teresa, reported more than $5 million in total income last year but paid only 12.5 percent in federal taxes — less than the average middle-class family — according to documents released yesterday by his campaign. Teresa Heinz Kerry reported a total income of $5,072,533, including nearly $2.8 million that escaped all federal taxes because it was on interest-free investments from state, city and other public bonds. She paid $628,401 in federal taxes, or a rate of 12.47 percent. The average middle-class family pays more than 20 percent. Mrs. Kerry's rate is barely...
  • Vanity -Teresa Heinz-Kerry Taxes - Not As Important As Where The Assets Are

    10/16/2004 3:41:54 AM PDT · by LRoggy · 35 replies · 1,413+ views
    Vanity | 10/16/04 | Lee Roggenburg
    After releasing a partial return of the family taxes, we were told that Teresa Heinz-Kerry's tax return indicated a paid rate of about 12% of income.
  • Heinz Kerry Tax Return Shows She Is Due Refund

    10/16/2004 8:49:31 AM PDT · by Ernest_at_the_Beach · 20 replies · 1,129+ views
    Los Angeles Times ^ | October 16, 2004 | Ralph Vartabedian, Times Staff Writer
    Teresa Heinz Kerry released a portion of her 2003 federal income tax return Friday, indicating that she was due a tax refund of a quarter million dollars from the Internal Revenue Service. Kerry, wife of Democratic presidential nominee Sen. John F. Kerry, provided more details about her income and taxes after a preliminary estimate was disclosed in May.The first two pages of her 1040 form show that she had taxable income of $2.8 million and income from tax-exempt municipal bonds of $2.2 million — a total of $5 million.
  • Heinz Kerry Hiding $45 Million in Income, Paid Just 1.2% in Taxes

    10/16/2004 7:55:27 AM PDT · by libs_kma · 60 replies · 2,056+ views ^ | 10/16/2004 | Carl Limbacher
    Heinz Kerry Hiding $45 Million in Income, Paid Just 1.2% in Taxes Teresa Heinz Kerry earns approximately $50 million in annual income, ten times what she revealed on tax forms released late Friday, according to the New York Times. The staggering sum generated a mere 1.2 percent federal income tax liability, unless Heinz Kerry paid additional federal taxes not shown on the forms released Friday. The average middle class American family pays 20 percent of their income in taxes, a rate 16 times higher than the would-be first family. Story Continues Below Noting that the Kerry campaign has not challenged...
  • Teresa Heinz Kerry Releases 2003 Tax Info; Paid Over $798,000 in Federal, State Income Taxes

    10/15/2004 2:51:33 PM PDT · by The Great Yazoo · 84 replies · 3,319+ views
    Druge Report ^ | November 15, 2004 | Druge
    Teresa Heinz Kerry Releases 2003 Tax Info; Paid Over $798,000 in Federal, State Income Taxes Fri Oct 15 2004 17:44:41 ET Mrs. Teresa Heinz Kerry announced today that she has filed her final 2003 federal tax forms and as she said promised last spring, has released the top two pages of her 1040 tax filings. Mrs. Heinz Kerry paid $798,820 in state and federal income taxes in 2003, approximately 35 percent of her gross taxable income, according to figures and federal tax forms she released today. Mrs. Heinz Kerry paid $627,150 in federal income taxes on gross taxable income of...
  • Where are Theresa's tax returns? It's October 15th.

    10/15/2004 1:54:07 PM PDT · by Oblongata · 50 replies · 1,171+ views
    10/15/04 | Me
    Where are they? It's October 15th. She was supposed to release them. Why is no one talking about this?
  • Statement from RNC Chairman Ed Gillespie (On Mama T's Tax Returns)

    10/14/2004 1:21:37 PM PDT · by RWR8189 · 15 replies · 2,270+ views
    FOR IMMEDIATE RELEASE Contact: Christine Iverson(202) 863-8614 WASHINGTON -- RNC Chairman Ed Gillespie issued the following statement today on the promised release of Teresa Heinz Kerry's tax returns: "Throughout history, presidential candidates have disclosed income tax information prior to Election Day. We believe Americans value disclosure and transparency in campaigns. During the 2003 filing year, Sen. Kerry made a $6 million loan to his campaign based on the value of a home jointly owned with his wife. “Were it not for that infusion of cash John Kerry might not be on the campaign trail today. Because of her financial interest...

    10/14/2004 9:15:02 AM PDT · by areafiftyone · 20 replies · 1,537+ views
    U.S. Newswire ^ | 10/14/04
    To: National Desk and Political Reporter Contact: Christine Iverson of the Republican National Committee, 202-863-8614 WASHINGTON, Oct. 14 /U.S. Newswire/ -- RNC Chairman Ed Gillespie issued the following statement today on the promised release of Teresa Heinz Kerry's tax returns: "Throughout history, presidential candidates have disclosed income tax information prior to Election Day. We believe Americans value disclosure and transparency in campaigns. During the 2003 filing year, Sen. Kerry made a $6 million loan to his campaign based on the value of a home jointly owned with his wife. "Were it not for that infusion of cash John Kerry might...
  • Hume: Kerrys only paid 12.8% on their taxes last year

    10/11/2004 3:37:12 PM PDT · by MikefromOhio · 77 replies · 2,512+ views
    Fox News | me
    Brit Hume The Kerrys paid 12.8% on their taxes last year The Bushes paid over 30%!!