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PostPosted: 18 Oct 2004, 11:54 
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Heinz Kerry Paid Lower Tax Rate Than Most Taxpayers
Mon Oct 18 2004 10:20:34 ET


The Kerry campaign finally released Teresa Heinz Kerry's 2003 tax return, or rather two pages of it, late last Friday, the WALL STREET JOURNAL details.

"We think she ought to release the rest of her return, since her wealth was crucial to salvaging her husband's struggling campaign during the Democratic primaries in 2003."


"But even this minimal disclosure deserves more attention in light of John Kerry's pledge to raise tax rates. In 2003, Mrs. Kerry -- or Teresa Heinz, as she declared herself on her IRS 1040 form -- earned $5.07 million, hardly a surprising income for someone estimated to be worth nearly $1 billion.

"The news is that $2.78 million of that income came in the form of tax- exempt interest from what the Kerry campaign's press release attributed to investments in 'state, municipal and public entity bonds.' What the campaign didn't say is that these are the kind of investments that rich people can afford to hire lawyers and accountants to steer their money into."

On her "remaining 'taxable' income of $2.29 million, Mrs. Kerry paid $627,150 in taxes, for an overall average federal tax rate of only 12.4% on her $5.07 million in total income." This "puts Mrs. Kerry's tax rate at well below that of other filers in her super-rich neighborhood. But it also means she is paying a lower average rate than nearly all middle- class taxpayers paid in 2001, the last year for which the IRS has published the data.

The top 50% of all federal filers contributed 96.1% of all federal income taxes in 2001, and they paid an average income-tax rate of 15.9%. That's 3.5-percentage points more than Mrs. Kerry paid in 2003." At the "very least, Mrs. Kerry's tax returns are a screaming illustration of the need for reform to make the tax code simpler and fairer. But they also show that Senator Kerry's proposed tax increases are much more about a revenue grab than they are about tax justice."

Developing...


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 Post subject:
PostPosted: 18 Oct 2004, 12:26 
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Joined: 17 Jun 2002, 10:29
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Location: S of St Louis but in IL
And the surprise here is...?

"Live every day like it's the last, 'cause one day you're gonna be right!" Ray Charles (6/10/04 was the day)

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 Post subject:
PostPosted: 19 Oct 2004, 07:32 
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<BLOCKQUOTE id=quote><font size=1 face="Verdana, Arial, Helvetica" id=quote>quote:<hr height=1 noshade id=quote>


What the campaign didn't say is that <b>these are the kind of investments that rich people can afford to hire lawyers and accountants to steer their money into.</b>

<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Arial, Helvetica" size=2 id=quote>


This is BS. Anybody can buy municipal bonds without the benefit of hot shot lawyers and accountants. They are conservative "widows and orphans" kind of investments and they pay relatively low dividends for the priviledge of being tax free. Why do people have to spin facts when there are plenty of legitimate discriminators in this election. She's rich and she's taking no chances with her wealth. She's also paying her taxes. Disregard this article.

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PostPosted: 19 Oct 2004, 15:09 
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Your right stress so try this instead. By the way have you tried anger management?

JOB APPLICATION & RESUME

NAME: John Kerry

RESIDENCE: 7 mansions, including one in Washington DC, worth multi-millions.

I served in Vietnam (four months).

EXPERIENCE:

Law Enforcement. In my career as a U.S. Senator, I've voted to cut every law enforcement, CIA, and Defense bill. I ordered the city of Boston to remove a fire hydrant in front of my mansion, thereby endangering my neighbors in the event of fire. I served in Vietnam (four months).

MILITARY:

I served in Vietnam (four months). I used three minor injuries to get an early discharge from the military and service in Vietnam (as documented by the attending doctor). I served in Vietnam (four months). I then returned to the U.S., joined Jane Fonda in protesting the war, and insulted returning Vietnam vets, claiming they committed atrocities and were baby killers. I served in Vietnam (four months). I threw my medals, ribbons, or something away in protest. Or did I? My book "Vietnam Veterans Against the War: The New Soldier", shows how I truly feel about the military. I served in Vietnam (four months).

COLLEGE:

I graduated from Yale University with a low C average. Unlike my counterpart George Bush, I have no higher education and did not get admitted to Harvard nor graduate with an M.B.A

PAST WORK EXPERIENCE:

After College and Vietnam, I ran for the U.S. Congress and have been there ever since. I have no real world experience except marrying very rich women and running their companies vicariously through them. I served in Vietnam (four months).

ACCOMPLISHMENTS:

As a U.S. Senator I set the record for the most liberal voting record, exceeding even Ted Kennedy and Hillary Clinton. I have consistently failed to support our military and CIA by voting against their budgets, thus gutting our country's ability to defend itself. Although I voted for the Iraq War, now I am against it and refuse to admit that I voted for it.
I voted for every liberal piece of legislation. I have no plan to help this country but I intend to raise taxes significantly if I am elected. I served in Vietnam (four months).

My wealth so far exceeds that of my counterpart, George Bush, that he will never catch up. I make little or no charitable contributions and have never agreed to pay any voluntary excess taxes in Massachusetts, despite family wealth in excess of $ 700 million. I served in Vietnam (four months).

I (we) own 28 manufacturing plants (Heinz) outside of the U.S. in places like Asia, Mexico and Europe. We can make more profit from the cheaper cost of labor in those Countries, although I blame George Bush for sending all of the other jobs out of Country. I served in Vietnam (four months).

Although I claim to be in favor of alternative energy sources, Ted Kennedy and I oppose windmills off Nantucket and Martha's Vineyard as it might spoil our view of the ocean as we cruise on our yachts. I served in Vietnam (four months).

RECORDS AND REFERENCES:

None. However, I served in Vietnam (four months).

PERSONAL I practice my Catholic faith whenever cameras are present. I ride a Serotta Bike. I love to ski/snowboard. I call my Gulfstream V Jet the "Flying Squirrel". I call my $850,000 42-foot Hinckley twin diesel yacht the "Scarmouche".

I am fascinated by rap and hip-hop and feel it reflects our real culture.

I own several "Large" SUVs including one parked at my Nantucket summer mansion, though I am against large, polluting, inefficient vehicles and blame George Bush for our energy problems. I served in Vietnam (four months).

PLEASE CONSIDER MY EXPERIENCE WHEN VOTING IN 2004.

Fender
"A woman drove me to drink
and I hadn't even the courtesy to thank her".
W.C. Fields


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 Post subject:
PostPosted: 19 Oct 2004, 17:21 
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Joined: 27 Jan 2002, 14:02
Posts: 6162
Location: IL
I'LL BE SO GLAD WHEN 11-02 COMES,NO MATTER WHO WINS I'M SICK AND TIRED OF THE WHOLE THING.
BOTH WILL BREAK PROMISES,BOTH WILL SCREW SOMEONE PROBABLY EVERYONE.
SO THEN WE CAN GET BACK TO NORMAL BICKERING .

MONEY TALKS,B.S. JUST PILES UP.

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 Post subject:
PostPosted: 19 Oct 2004, 17:25 
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Joined: 12 Oct 2002, 11:09
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now now goose sign up for your GOP viagra lol.


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 Post subject:
PostPosted: 19 Oct 2004, 18:37 
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Warthog VFW
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Joined: 27 Jan 2002, 14:02
Posts: 6162
Location: IL
NEUROGENIC BLADDER MATT, FIGURE IT OUT?

YOU'D BE SURPRISED TO KNOW MATT I HAVE A RNC CARD IN MY WALLET ALONG WITH MY UNION CARD,AND I DONT VOTE STRAIGHT TICKETS.
I'M STILL TRYING TO FIGURE OUT WHO I DISLIKE MORE.

MONEY TALKS,B.S. JUST PILES UP.

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 Post subject:
PostPosted: 19 Oct 2004, 21:41 
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Joined: 12 Oct 2002, 11:09
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just razzing you goose no problem


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 Post subject:
PostPosted: 20 Oct 2004, 07:23 
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Joined: 12 Oct 2002, 11:09
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Something tells me that Kerry's people are telling Kim and Arfat to shut up atleast until he wins lol.


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 Post subject:
PostPosted: 20 Oct 2004, 07:25 
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Joined: 12 Oct 2002, 11:09
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sorry wrong topic reply above


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 Post subject:
PostPosted: 20 Oct 2004, 09:02 
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Joined: 05 Dec 2002, 08:53
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<BLOCKQUOTE id=quote><font size=1 face="Verdana, Arial, Helvetica" id=quote>quote:<hr height=1 noshade id=quote>
Your right stress so try this instead. By the way have you tried anger management?

<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Arial, Helvetica" size=2 id=quote>

Anger Management, no, does Total Quality Management count? It did make me angry.

Uh Oh. I hate to be a nit picker, but I can't help it. It has been said that I put the anal in stress <b>anal</b>ysis.
<BLOCKQUOTE id=quote><font size=1 face="Verdana, Arial, Helvetica" id=quote>quote:<hr height=1 noshade id=quote>COLLEGE:

I graduated from Yale University with a low C average. Unlike my counterpart George Bush, I have no higher education and did not get admitted to Harvard nor graduate with an M.B.A...

...I served in Vietnam (four months)...

<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Arial, Helvetica" size=2 id=quote>

Kerry has a law degree from Boston College, 1976, and I doubt the C average claim. He only served in-country for for four months but he served one tour on a ship in the Tonkin Gulf before that. I know this is supposed to be a witty and amusing piece, but I don't find made-up facts funny anymore.

THE RAMPTOR ENGINEERING TEAM <img src=icon_smile_big.gif border=0 align=middle>
"Who cares if it works? Does it look good on the ramp?"

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 Post subject:
PostPosted: 20 Oct 2004, 13:18 
A tour on a DDG is not a tour in Vietnam, and oddly enough, his whole chain of command from the USS Gridley opposes his bid too.

Go figure...

"Molon labe".
Leonidas, King of Sparta,
Thermopylae, 480 B.C.


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 Post subject:
PostPosted: 21 Oct 2004, 04:25 
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Joined: 25 Nov 2002, 21:15
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Stress I think working on the craptor is starting to erode your sense of humor. Maybe a blood pressure check is in order. Loosen up, everyone should know by now you dont get factual info on the internet all the time. Mostly it is made up B.S.

Fender
"A woman drove me to drink
and I hadn't even the courtesy to thank her".
W.C. Fields


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 Post subject:
PostPosted: 21 Oct 2004, 09:00 
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<BLOCKQUOTE id=quote><font size=1 face="Verdana, Arial, Helvetica" id=quote>quote:<hr height=1 noshade id=quote>
A tour on a DDG is not a tour in Vietnam, and oddly enough, his whole chain of command from the USS Gridley opposes his bid too.

Stress I think working on the craptor is starting to erode your sense of humor. Maybe a blood pressure check is in order. Loosen up, everyone should know by now you dont get factual info on the internet all the time. Mostly it is made up B.S.

<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Arial, Helvetica" size=2 id=quote>

Roger that.

THE RAMPTOR ENGINEERING TEAM <img src=icon_smile_big.gif border=0 align=middle>
"Who cares if it works? Does it look good on the ramp?"

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