[libs_kma]

WOW! Terry Kerry paid less in taxes than she showed yeaterday...what a SHOCKER!!! /sarcasm

[Fruitbat]

Interesting!

Tax forms released Friday show she paid a puny $628,000 in income taxes. ...

...a yacht worth $750,000 to $1 million ..."

She paid less in taxes than her yacht alone is worth. Quite odd I'd say for someone who's running around talking about others paying their "fair share."

[NavVet]

"Geeves, bring the car 'round..No not the Bently today. I'm feeling saucy make it the Rolls. And Geeves, don't forget to bring the Grey Poupon like your predecessor."

[mewzilla]

And she hasn't released everything, either.

[ruthles]

Is this information in the major newspapers, or are they conveniently not reporting it? I want all of the downtrodden poor liberals to read this. Why was it in Newsmax instead of the NYTimes.

[BradyLS]

"Don't cry for me, Kerrytistas!
I kept my promise, I showed my taxes
I kept my promise, now keep your distance
I kept my prroooomiiiiise!"

[The Great RJ]

Of course it's all Bush's fault...if he hadn't passed that tax cut for the rich Tereeza would be paying her fair share. </sarcasm

[kitkat]

BUMP IT!

[kbeam]

It could be a LOT worse than this. The above figures are predicated on a 5% return on $1 billion. However, the L.A. Times estimated her worth at between $0.9 billion and $3.2 billion, in a recent article.

Let's be fair for the moment and take the middle figure, here, $2.1 billion. Five percent return (what would you like to bet it's higher than five) on $2.1 B is about $100 million. Now I've heard that some of her loot is locked up in tax-exempt securities (education and other various state/municipal bonds, I guess), but not THAT much.

Folks, I'd put her income closer to $100 Mill than $50 Mill.

[jackbill]

John Kerry filed a Massachusetts income tax form.

Tereeeeza filed a Pennsylvania income tax form.

Don't they live together?

[RippleFire]

bump

[rolling_stone]

Time to do away with foundations and other tax schemes for the very rich and have a National Retail Sales Tax where everyone pays their fair share...

[mountaineer]

This is the same Teresa who recently did a quickie tour of flood-ravaged Sharpsburg, Pa. - just a few miles from her Fox Chapel $14 million estate - and said she just wanted to see it but there was nothing she could do to help. People there were (and some still are) without furnaces, appliances, clothing, etc., and yet she couldn't think of a single thing she might do to help the people in the hometown of her late husband's family!

[Aetius]

Typical. They just don't want others to join them in that elite economic club.

[TomGuy]

Financial experts cited by the New York Post on Saturday said that the Kerry family's reported $5 million annual income wouldn't come close to covering their lavish lifestyle,

That was my first thought when I read in another article that her 'income' was around $5 million. That income doesn't match with upkeep on 7 estates, etc.

MSM will ignore this, anyway. Her financial records are basically irrelevant, except for monies for political/campaign support.

[EdReform]

BTTT

[T. Buzzard Trueblood]

"Even a modest 5 percent return would have generated $50 million of income."

And that from the New York Times, no less!

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.

People gots ta know.

[T. Buzzard Trueblood]

Bump.

[T. Buzzard Trueblood]

BTTT

[NoClones]

This shouldn't be a surprise to any reasonable person.

The confiscatory taxes apply only to those who disagree with liberals!

[Atlas Sneezed]

This is an embarrassingly stupid charge, people.

it would make sense that most of her assets are in the form of property and securities that do not generate much or any income. That is how you hold a billion dollars without having tax liability.

Only a small portion of her assets are generating income. Half of these are muni bonds, which generate a lower rate of return in exchange for being tax-free. If you took away the tax benefit, cities would have trouble raising money.

This attack really doesn't hold up.