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Keyword: investmentgains

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  • CA: Tax returns show governor makes most money from investment gains

    04/14/2006 10:47:31 PM PDT · by NormsRevenge · 8 replies · 355+ views
    AP on Bakersfield Californian ^ | 4/14/06 | Samantha Young - ap
    Gov. Arnold Schwarzenegger released three years of tax returns Friday, showing that the actor turned politician is now making more money in investments than he is through his movie company. Schwarzenegger reported earning a $4.2 million salary in 2004, largely from film revenue, which was a significant drop from the $18 million he made in 2002 when he starred in Terminator 3. But in his first full year as governor, Schwarzenegger accumulated most of his income through capital gains, according to copies of tax returns that his investment firm allowed reporters to read but not copy. Schwarzenegger's tax returns showed...