[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.

[Reeses]

That is how you hold a billion dollars without having tax liability.

I'm sure she pays more to her CPA's to tell her that than she does to the federal government. A big problem is that it costs much more than 0.1% of her assets ever year for our military to protect her wealth. She'd rather pay more to accountants to tell her how to avoid taxes than to pay her fair share.

Democrats are an envy driven crowd. If the Kerrys can be demonized on their extreme wealth without paying much in taxes, Democrats will be too angry to vote for Kerry. This wouldn't work well in Republican circles, but it is effective in getting Democrats to sit this election out.

[Nevermore]

The issue isn't that there tax bill is improper, in a legal sense. It just shows the hypocracy of their tax lament. What is providing the bulk of tax relief for the rich? Is it Bush's "tax break for the rich" or is it tax loopholes that they, themselves, are not shy about pursuing? It isn't a "charge": it is shining the light on their class-envy demagoguery. The embarrassment should be all theirs.

[PFKEY]

This attack really doesn't hold up.

I whole heartily agree. Besides the muni bonds a good deal of her wealth in the form of trust and such.

I have no issues with Ms. Heinz and her money.