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Did Kerry (Tah-rah-za) release 2003 taxes?
Fox News | 09-05-04 | Brian Wilson

Posted on 09/05/2004 11:28:05 AM PDT by fuzzy122

Ed Rogers, a republican strategist was just on Fox Weekend Live (~10:55 am 9-5-04) and he said, “Yesterday it was reported the Kerry's had $5.49 million of income in 2003 they paid $677,000 in taxes.

That's 12% - 12% on five and a half million dollars in income. They want American workers, entrepreneurs, making $200,000 to pay 38%. That’s gonna be a big issue.”


TOPICS: Politics/Elections
KEYWORDS: 2003; heinz; kerry; kerrysecrets; taxes; taxreturns; teresaheinz
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I just saw this on Fox's Weekend Live with Brain Wilson.

Did the Heinz's finally release their taxes? Is this old news?

The dem startegist didn't get to respond.


Stay Strong,
Fuzzy122

1 posted on 09/05/2004 11:28:07 AM PDT by fuzzy122
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To: fuzzy122

This will only be a big issue if people hear about this. do you honestly think this will be reported by the MSM?


2 posted on 09/05/2004 11:30:21 AM PDT by Merry
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To: fuzzy122
Apparently he released them on Tuesday. Here is a link to the article in National Review:

John Kerry's bright financial future

Of course, Theresa did NOT release her returns. There are lots of questions on Kerry's returns, however.

3 posted on 09/05/2004 11:34:13 AM PDT by Miss Marple (Someone who didn't know about hurricanes would be a bit confussed.)
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To: fuzzy122

I read Kerry gave a whopping $3000 to charity too.


4 posted on 09/05/2004 11:36:18 AM PDT by jennyjenny
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To: fuzzy122

They paid $677,000 for our country to defend their $677,000,000 in assets, about 0.1 percent! No wonder the rich keep getting richer. Once you break into the rich club you no longer pay taxes of any significance. The rich see socialism as a way of keeping new money out of their club, as it's near impossible to get rich when the government gives you a 50% shave every year.


5 posted on 09/05/2004 11:53:17 AM PDT by Reeses
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To: Reeses

OUCH!!! Thats gonna hurt with his beer drinking union buddies...


6 posted on 09/05/2004 11:54:38 AM PDT by libs_kma (Write congress to get out of UN and UNESCO - Again!)
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To: libs_kma

I'd trust that GWB's tax situation is above reproach, but it would be nice to know the comparison in percentages. Because you know the dims are going to scream when Kerry's data gets more scrutiny. Anyone know where GWB's data can be found?


7 posted on 09/05/2004 12:00:30 PM PDT by libs_kma (Write congress to get out of UN and UNESCO - Again!)
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Comment #8 Removed by Moderator

Comment #9 Removed by Moderator

To: fuzzy122

Kerry Waffles reported, that Tereza will NOT release her tax return until AFTER the election, so the american people can't have their say. The truth is that kerry iniated a law last year to solely benefit his wife's overseas company - and talking about outsourcing. Kerry is such a hypocrite! Also noteworthy of the Kerry's is that they give only LITTLE to any charities, unless they are Hezbollah, or Lawyers Guilt/Tides Foundations.


10 posted on 09/05/2004 12:06:53 PM PDT by Inge C
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To: libs_kma
I think that Bush's tax returns would be about the same percentage wise. I mean he does have an MBA from Harvard and as a good businessman I'm sure that he would take advantage of all legal loopholes.

And I would hope that he is!

He is NOT running on a "tax the rich" platform.

He is saying that the tax codes are crap and need to be totally re-vamped.

I pointed out Kerry's situation to show the disingenuousness of his plan. The VERY rich (Kerry's wife) don't pay taxes. If they raise the rates it will only hurt small business owners (which is 80% of our economy) who will have to fire some people, put off major purchases, slow expansion - business will slow, unemployment will grow and the masses will need more nanny-state programs - bottom line demon-rats dreams will be closer to the socialist system they yearn for where the STATE provides for (read CONTROLS) everything and everybody.


Stay Strong,
Fuzzy122

11 posted on 09/05/2004 12:18:33 PM PDT by fuzzy122 (GBGB [God Bless George Bush] and the Armed Forces ... Arnold and Zell too!)
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To: fuzzy122
Well, to be fair, 38% is the marginal rate.

Even so, my 2003 return shows I paid 21% in federal income taxes and an additional 11% in FICA/Self employment taxes for a grand total of 32% of my AGI.

12 posted on 09/05/2004 12:21:11 PM PDT by bcoffey (Sen. Kerry: I'm not questioning your service; I'm questioning your sanity!)
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To: jennyjenny
"I read Kerry gave a whopping $3000 to charity too. "

Probably the local polo club had a benefit auction and he donated an old polo shirt for the tax write-off!


Stay Strong,
Fuzzy122

13 posted on 09/05/2004 12:22:11 PM PDT by fuzzy122 (GBGB [God Bless George Bush] and the Armed Forces ... Arnold and Zell too!)
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To: Reeses
See post #11


Stay Strong,
Fuzzy122

14 posted on 09/05/2004 12:24:27 PM PDT by fuzzy122 (GBGB [God Bless George Bush] and the Armed Forces ... Arnold and Zell too!)
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To: Baynative


Stay Strong,
Fuzzy122

15 posted on 09/05/2004 12:25:48 PM PDT by fuzzy122 (GBGB [God Bless George Bush] and the Armed Forces ... Arnold and Zell too!)
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To: bcoffey
"Well, to be fair, 38% is the marginal rate."

You say that like that's OK - a good thing.


Stay Strong,
Fuzzy122

16 posted on 09/05/2004 12:30:44 PM PDT by fuzzy122 (GBGB [God Bless George Bush] and the Armed Forces ... Arnold and Zell too!)
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To: fuzzy122

If you're aggressive enough, it's not too difficult to construct a legitimate, defensible tax return that drops your marginal rate to 20% or below.

The next year or two is going to be interesting for us, since we'll be claiming an adoption tax credit.


17 posted on 09/05/2004 12:31:12 PM PDT by mvpel (Michael Pelletier)
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To: jennyjenny

That's it?

Kerrry made $5.49 million but only gave $3,000 to charity?


18 posted on 09/05/2004 12:33:30 PM PDT by BenLurkin (We have low Inflation and and low unemployment.)
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To: jennyjenny

From what I saw he gave a little over 43K and don't see anywhere 5 mil. I'll have to go back and check. Maybe they are talking about T's returns.


19 posted on 09/05/2004 12:43:01 PM PDT by tiki
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To: bcoffey
for a grand total of 32% of my AGI.

Does your state have an income tax, property tax, sales tax, unemployment tax? California does easily pushing the grand total to 50% or more.

The kerry rich do not have to pay many of these taxes. If they own a mansion in California, they also own one in a state without an income tax where they can claim residency. Many of the mansions in California sit vacant most of the year. If you're good with burglar alarms you can live in high style. It'd be 6 months before anyone realized they had uninvited guests, then they might have to start California's eviction process to get you out!

20 posted on 09/05/2004 12:56:25 PM PDT by Reeses
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