Check it out here, How can you get 7,000,000$ in itemized deductions?
http://www.taxhistory.org/thp/presreturns.nsf/Returns/11F1D52A38CECA9685256E7500760284/$file/cheney_2005.pdf
2007-01-17 05:53:48 · 4 answers · asked by Whoa_Phat 4 in Politics & Government ➔ Other - Politics & Government
Hey Bubba thats funny, now he can only take FAIR MARKET VALUE.!
2007-01-17 06:02:41 · update #1
John Kerry only made money as a Senator FYI
2007-01-17 07:34:54 · update #2
Dear Taxpayers My Strategy For The Cheney Family.
Depletion allowances --- 80% deductions.
Intentional Defective Trust --- One Hundred percent sales -- transferred tax free.to my kids..Pay taxes on Ordinary Income Only.
Passive Income offset by Passive Losses
Tax offsets. Sell losses before December 3oth buy back January 2, 2007.
Taxes Owed........$00000000000
Thank You Middle Class
2007-01-17 06:15:05 · answer #1 · answered by Sports Maven 1 · 0⤊ 0⤋
I am sure that accountants know enough to make sure that the VP's return is correct. I don't know what his itemized deductions are, nor do I care. At least he didn't give his old underwear to Goodwill and write it off as a charitable deduction at $25 a pair like it's said that Clinton did a few years back.
2007-01-17 06:01:34 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Look at John Kerry and Ted Kennedys.
2007-01-17 06:38:24 · answer #3 · answered by Anonymous · 0⤊ 0⤋
7,500,000 in salaries but only 50,000 in interest income? He needs a better money manager.
2007-01-17 06:02:31 · answer #4 · answered by Anonymous · 0⤊ 0⤋