Tilted Forum Project Discussion Community - View Single Post - Kerrys paid just 12% on combined Income tax in 2003

kutulu · 10-15-2004, 09:07 AM

Well, how about instead of Kerry bashers bitching and moaning about what some "non-partisan" group says Kerry paid, why don't we look at what he actually paid? Here is a pdf of Kerry's 2003 tax return:

Income:
Wages - 147818
Taxable Interest - 1250
Dividends - 11141
Refunds - 104
Capital Gain - 145805
Real Estate, S-Corps, etc - 89220
Total income (also equal to his adj gross) - 395338
Taxable income - 346664
Total Tax - 90575
26%

He also has an amended 2003 return where he pays an additional 11577, but his taxable income didn't change. Therefore his personal tax rate was 29.5%.

Here is a link to Kerry's website about Teressa's taxes:

http://www.johnkerry.com/pressroom/r...004_0511b.html

I haven't been able to find Teressa's 1040, but she already has paid 867000 towards her 2003 and 2004 taxes. Her advisors said her taxable income would be around 2.3M and she had an additional 2.8M in public entity bonds. She also donated around 4.6M to charity.

10-15-2004, 09:07 AM	#64 (permalink)
kutulu Junkie	Well, how about instead of Kerry bashers bitching and moaning about what some "non-partisan" group says Kerry paid, why don't we look at what he actually paid? Here is a pdf of Kerry's 2003 tax return: Income: Wages - 147818 Taxable Interest - 1250 Dividends - 11141 Refunds - 104 Capital Gain - 145805 Real Estate, S-Corps, etc - 89220 Total income (also equal to his adj gross) - 395338 Taxable income - 346664 Total Tax - 90575 26% He also has an amended 2003 return where he pays an additional 11577, but his taxable income didn't change. Therefore his personal tax rate was 29.5%. Here is a link to Kerry's website about Teressa's taxes: http://www.johnkerry.com/pressroom/r...004_0511b.html I haven't been able to find Teressa's 1040, but she already has paid 867000 towards her 2003 and 2004 taxes. Her advisors said her taxable income would be around 2.3M and she had an additional 2.8M in public entity bonds. She also donated around 4.6M to charity.