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To: Beelzebubba

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.


41 posted on 10/16/2004 11:52:51 AM PDT by Nevermore (Mad as Zell)
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To: Nevermore

Dear Nevermore,

At least concerning the income reported by Ms. Heinz-Kerry-Whatever, she isn't really using any "loopholes."

She appears to be paying 15% on her dividend income - no loophole there. That's the top rate as set by President Bush's tax cut. And she is paying the AMT on "tax-exempt" income that exceeds the threshholds for the AMT, and aren't sufficiently "tax-exempt" to keep that status when the AMT kicks in.

If we knew more about the trust arrangements NOT represented by her 1040, we might be able to discuss loopholes and stuff like that.


sitetest


42 posted on 10/16/2004 12:00:54 PM PDT by sitetest
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To: Nevermore
I read your post after I had posted mine. I agree with what you are saying about this not being so much a legal issue as it is a matter of hypocrisy.

The problem is that there are many freepers (the flight 800/Oklahoma City/Vince Foster crowd) that will be complaining in short order about why AG Ashcroft isn't prosecuting the poodle and his keeper for income tax evasion.

51 posted on 10/16/2004 1:43:39 PM PDT by Artemis Webb
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