BushCO's Tax Returns

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  • LoungeMachine
    DIAMOND STATUS
    • Jul 2004
    • 32576

    BushCO's Tax Returns

    Bush, Cheney's tax returns made public
    Vice president reports higher adjusted gross income of $8.8 million


    Updated: 2:48 p.m. ET April 14, 2006

    WASHINGTON - President Bush reported adjusted gross income of $735,180 for last year, on which he paid $187,768 in federal taxes, according to the president’s return released Friday by the White House. Vice President Dick Cheney and his wife Lynne reported a significantly higher adjusted gross income, largely due to exercising stock options.

    In 2004, the president and first lady Laura Bush reported $784,219 in adjusted gross income and paid $207,307 in federal income taxes.

    On their 2005 return the Bushes listed as income his presidential salary — about $400,000 — and investment income from trusts that hold their assets.



    The White House also released the 2005 tax return filed by the Cheneys. They reported adjusted gross income of nearly $8.82 million, which was largely the result of exercising stock options that had been set aside in 2001 for charity.


    According to the return, they have overpaid their taxes this year and are entitled to a refund of about $1.9 million.

    The couple contributed $75,560 to churches and charitable organizations, about $2,200 less than last year. Those included the American Red Cross and the Salvation Army’s funds for hurricane relief in the United States and Pakistan; Martha’s Table, which provides food and services to the underprivileged in the Washington area; the Archdiocese of New Orleans Catholic Charities; and the Mississippi Food Network.

    The Bushes paid $26,172 in state property taxes on their ranch near Crawford, Texas, up about $4,000 from the year before.

    The Cheneys donated just under $6.87 million to charity from the stock options and royalties from Mrs. Cheney’s books. That left about $1.9 million in income on which the Cheney’s owed $529,636 in taxes.

    Over the year, the Cheneys paid $2,468,566 in taxes through withholding and estimated tax payments. As a result, the Cheneys are entitled to a refund of $1,938,930.
    Originally posted by Kristy
    Dude, what in the fuck is wrong with you? I'm full of hate and I do drugs.
    Originally posted by cadaverdog
    I posted under aliases and I jerk off with a sock. Anything else to add?
  • LoungeMachine
    DIAMOND STATUS
    • Jul 2004
    • 32576

    #2
    Re: BushCO's Tax Returns

    Originally posted by LoungeMachine




    The White House also released the 2005 tax return filed by the Cheneys. They reported adjusted gross income of nearly $8.82 million, which was largely the result of exercising stock options that had been set aside in 2001 for charity.


    Exercising Stock Options???????????


    I thought he WASN'T making any money off Halliburton!!!!!!!
    Originally posted by Kristy
    Dude, what in the fuck is wrong with you? I'm full of hate and I do drugs.
    Originally posted by cadaverdog
    I posted under aliases and I jerk off with a sock. Anything else to add?

    Comment

    • Warham
      DIAMOND STATUS
      • Mar 2004
      • 14589

      #3
      How do you know it's stock in Halliburton?

      Comment

      • FORD
        ROTH ARMY MODERATOR

        • Jan 2004
        • 59586

        #4
        Originally posted by Warham
        How do you know it's stock in Halliburton?
        He's the ex-CEO of Halliburton. What else would he be making a return like that off of?

        Oil companies, maybe?

        In which case, should be just as illegal as Halliburton profits. ANYTHING which he can increase the stock price by starting a fucking WAR should be on that list.
        Eat Us And Smile

        Cenk For America 2024!!

        Justice Democrats


        "If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992

        Comment

        • Warham
          DIAMOND STATUS
          • Mar 2004
          • 14589

          #5
          He's rich enough to own stocks in ANY company.

          He could own stock in Microsoft for all we know.

          By the way, there are a few Congressman and Senators who own oil stock. Should they be strung up as well?

          Comment

          • FORD
            ROTH ARMY MODERATOR

            • Jan 2004
            • 59586

            #6
            Originally posted by Warham
            He's rich enough to own stocks in ANY company.

            He could own stock in Microsoft for all we know.

            By the way, there are a few Congressman and Senators who own oil stock. Should they be strung up as well?
            If they voted for drilling in ANWR, Hell yes!
            Eat Us And Smile

            Cenk For America 2024!!

            Justice Democrats


            "If the American people had ever known the truth about what we (the BCE) have done to this nation, we would be chased down in the streets and lynched." - Poppy Bush, 1992

            Comment

            • EAT MY ASSHOLE
              Veteran
              • Feb 2006
              • 1887

              #7
              Originally posted by FORD
              If they voted for drilling in ANWR, Hell yes!
              I vote for drilling YOU, my oversized fluffy friend. Hell, yes!!!
              RIM ME!!!!!!!!!!!!

              Comment

              • DEMON CUNT
                Crazy Ass Mofo
                • Nov 2004
                • 3242

                #8
                AP: Bushes Pay $187,768 in Taxes for 2005

                Excerpt:
                Since the Cheneys paid $2.46 million in withholding and estimated taxes over the year, they were entitled to a refund of about $1.93 million.

                Banned 01/09/09 | Avatar | Aiken | Spammy | Extreme | Pump | Regular | The View | Toot

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