Reuters - Edwards And Kerry Super-Rich (Hides Bush And Cheney's Millions)

[DrFunkenstein]

Kerry's Running Mate Earns $39 Million Over Decade

WASHINGTON (Reuters) - Democratic vice presidential candidate John Edwards had income of nearly $39 million over the past decade, and paid more than a third of his earnings in taxes, the Washington Post reported on Saturday.

Tax returns released by the vice presidential hopeful's campaign on Friday showed that the North Carolina senator and his wife, Elizabeth, paid $13.2 million -- more than 34 percent of their income -- in federal income taxes from 1994 to 2003. The couple reported income of $306,000 in 2003.

Edwards was a trial lawyer for two decades before winning a seat in the Senate in 1998. His former career has come under the criticism of Republican lawmakers who blame trial lawyers for driving up the cost of business.

Democratic presidential nominee Sen. John Kerry, of Massachusetts, reported $395,338 in income last year and paid $90,575 in taxes. His wife, Teresa Heinz Kerry, heiress to the Heinz food company fortune, reported income of $5.1 million in income in 2003, and paid $587,000 in taxes, the Washington Post reported.

President Bush last year reported income of $822,000, on which he paid 28 percent in federal taxes. Vice President Cheney, a former CEO at Halliburton, reported $1.3 million in income for 2003 and paid 20 percent of that in taxes, the paper said.

http://story.news.yahoo.com/news?tmpl=story&cid=615&e=11&u=/nm/campaign_edwards_income_dc

But wait a second Mr. Anonymous Journalist, what about this:

Bush's 1,583-acre Texas ranch is valued at $1 million to $5 million, and he has U.S. Treasury notes valued at $5 million to $8.7 million. The president also has certificates of deposits with banks around the country valued at $600,000 to $1.25 million.

Cheney has $15 million to $75 million salted away in tax-exempt bond funds, and $2 million to $10 million in stocks that a global investment management firm is handling for him.

One financial area they've excelled in...is taxes, thanks in part to the cuts they have championed as the nation's No. 1 and No. 2 officials. Last month, both reported reductions in their federal income taxes. In Bush's case, he and his wife paid $41,000 less last year than the previous year. In Cheney's case, the reduction was $88,000.

http://story.news.yahoo.com/news?tmpl=story&cid=544&e=1...

[Malva Zebrina]

1. No one can ever spend that much money in their lifetime

and what the heck is the doofus do nothing frump doing in that photo? It looks like her bra strap broke again.

[DrFunkenstein]

2. Cheney Pays 20% of $1.3 Mil And Has $75 Mil Tax Free - Hmmm...

Why doesn't the American people know about this?

[stray cat]

3. Success makes you unfit for command? Bush must be a great commander..

nt

[Kadie]

4. you picture looks like bushie and uncle dick floating in space. n/t