Posted on 10/20/2004 4:36:14 PM PDT by focusandclarity
Millionaires Raising Millions
Bush and Kerry have new major donors in common
Millionaires to spare personal assets
Based on a new Center analysis of financial disclosure forms, the two presidential candidates are millionaires, though none can use more than $50,000 of his own money unless he opts out of federal matching funds. Kerry and his wife Teresa Heinz Kerry have a disclosed worth of as much as $747 million, but the most that Senator Kerry can lay claim to as his own is $14.8 million of those assets. The bulk of the fortune belongs to Heinz Kerry, though the two do hold some assets jointly.
Like Bush, who pioneered the use of bundling fundraisers, Kerry lists more than 500 independent fundraisers of his own – 10 of whom are associated with Citigroup, UBS Financial Services, Goldman Sachs and Morgan Stanley.
And Teresa paid "only" something like $800,000 in taxes last year?
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