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Re: Joel Gander post# 229

Saturday, 05/17/2003 8:46:14 AM

Saturday, May 17, 2003 8:46:14 AM

Post# of 350
tax trivia

Bringing Home The Bacon
The Senate has passed its $350 billion tax-cut bill and, coincidentally, Bush and Cheney's recent financial disclosures have hit the media. The Prez's assets are valued between $8.8 million and $21.9 million; the Veep's are between $19.1 million and $86.4 million. That should put both of them solidly in the tax bracket that receives a handsome cut of $64,431 or more. Cheney, who cast a tie-breaking vote on the dividend tax-cut amendment, will also receive a $107,000 reduction on his own dividend income.
Contrast these generous gifts to what a working-class stiff like a Marine might get. An average E-2 level private makes about $29,000. In that bracket, he'd receive $213. A higher-ranking E-3 level lance corporal who's served for four years makes about $32,000 -- she'd get a whopping $310. When Bush called on Congress today to reconcile the bills quickly so that he can sign something and "boost take-home pay" we can only wonder whose pay he was thinking of.

http://www.washingtonpost.com/wp-dyn/articles/A61822-2003May15.html



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