We are living in a dark era; a time filled with deception and fear...the twin gate-posts of hell. Trim the wick and light your lanterns. Seek the truth, shine the light into the darkest of corners, to continue the Revolution of Light and watch the cockroaches run for cover.
Wednesday, April 19, 2006
Oh My God, I think I may barf....
Sorry, still sputtering. No comment. Too angry. Later........
Citizens for Tax Justice:
"WASHINGTON - April 18 - On Good Friday, April 14, 2006, President Bush and Vice-President Cheney released their federal income tax returns for 2005. An analysis by Citizens for Tax Justice of the White House figures shows:
# Due to the 2001-05 Bush tax cuts, the President's 2005 income tax was reduced by $26,204.
# The President's income tax rate was 25.4 percent of his reported income. Without his tax-cut legislation, he would have paid 29.0 percent. # Vice-President Dick Cheney's 2005 income tax bill was reduced by $1,093,937 due to the Bush tax cuts. # The Vice-President's income tax rate was only 5.7 percent of his $9.1 million reported income. Without the Bush tax cuts, he would have paid 17.7 percent.
President Bush's $26,000 tax cut stemmed from both the lower regular tax rates and his reduction in the top tax rate on dividends from 39.6 percent to 15 percent.
Vice-President Cheney's $1.1 million tax cut in part reflected the lower regular tax rates and the 15 percent tax rate on capital gains and dividends. Cheney also was able to take an additional $2.5 million in itemized deductions due to a tax-law change signed by Bush in 2005, which was ostensibly designed to encourage charitable donations to the victims of Hurricane Katrina. "
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