Bushes Pay Taxes on $923,807 Income

gwhunter69

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Bushes Pay Taxes on $923,807 Income

Apr 11 02:36 PM US/Eastern

WASHINGTON (AP) - President Bush and his wife paid $221,635 in federal taxes on an adjusted gross income of $923,807 for the year 2007.

The income total includes a $150,000 advance received by Laura Bush for the children's book she co-authored with her daughter, Jenna.

LINK
 

gwhunter69

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Note the contrast between Bush and Obama and Clinton 2006 Tax returns... Obama's Tax Return

President and Mrs. Bush Release 2006 Tax Return

White House News

President and Mrs. George W. Bush reported taxable income of $642,905 for the tax year 2006. This resulted in a total of $186,378 in federal income taxes paid by President and Mrs. Bush. The President's 2006 income included salary earned as President and investment income from the trusts in which their assets are held.

President and Mrs. Bush contributed $78,100 to churches and charitable organizations, including the Crawford Volunteer Fire Department, the Federal Government's Combined Federal Campaign, Operation Smile, Martha's Table, the Salvation Army, Susan G. Komen Foundation, and the Yellow Ribbon Support Center.
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Clinton 2006 Tax Return
 

gwhunter69

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I do not know the Bush's total reported income. I cannot find anyone who published their 2006 tax return.

In 2006:

The Obamas had a taxable income of $826,962 and donated $60,307 or 8%;

The Bushes had a taxable income of $642,905 and donated $78,100 or 13%;

The Clintons had a taxable income of $13,251,979 and donated $1,580,503 or 12%. NOTE: 100% of the $1,580,503 was given to the Clinton Family Foundation, which does not report where the money goes or who benefits from it. In other words, they donated to themselves and wrote it off. So, the Clintons actually donated $0 or 0% to charity.
 


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