Posted on 04/15/2005 7:27:36 PM PDT by Libloather
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 Dick Cheney and his wife, Lynne, earned about $1.3 million. Even though they paid about $291,000 in withholding for 2004, they had to fork over $102,000 more dollars when they filed their return Friday.
Clintons...honest about anything? Oh, comeon now...as long as they have thier useful idiots , they will have income.
Looks like the Prez is a tither.
I wonder how much the Bushes and Cheneys would have paid without the tax cuts? I bet the difference would almost insignificant!
almost to the dollar.
Taxable income....
One third to taxes, one tenth to charity (tithes).
That had to include one heck of a penalty for underpayment of estimated taxes. Dick and Lynne need a new accountant!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.