| [Ben]: | "Tax the Rich" Kerry's wife releases partial 1040 form. | No discussion found | From Drudge
If accurate, this is amusing.
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. |
| 2004-10-18
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"Tax the Rich" Kerry's wife releases partial 1040 form. |
