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Old 04-14-2006, 09:04 PM   #7
cpayne5
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Join Date: Feb 2004
Posts: 3,807
Re: F-ing Outrage!!!!!!

Quote:
Originally Posted by Sociofan
You must have more numbers than I saw. $6.9 million to charity? I want to see his Schedule A and his "Non-Exempt Charitable Trust" forms.
http://news.yahoo.com/s/ap/20060415/...ltBHNlYwM3MTY-

"The Cheneys reported adjusted gross income of nearly $8.82 million, a number largely padded with income they received by exercising stock options that had been set aside in 2001 for charity.

The Cheneys donated about $6.87 million to charity from the stock options and royalties earned on Mrs. Cheney's books: "America: A Patriotic Primer," "A is for Abigail: An Almanac of Amazing American Women" and "When Washington Crossed the Delaware: A Wintertime Story for Young Patriots."

Recipients of their charitable donations included: George Washington University Medical Faculty Associates for the benefit of the Cardiothoracic Institute, the University of Wyoming Foundation and Capital Partners for Education, to benefit low-income high school students in the Washington area.

After subtracting the charitable contributions, the Cheneys' income was $1.95 million on which they owed $529,636 in taxes, according to a statement released by the vice president's office.

Since the Cheneys paid $2.46 million in withholding and estimated taxes over the year, they were entitled to a refund of about $1.93 million.

The Cheneys' income included the vice president's $205,031 government salary and $211,465 in deferred compensation from Halliburton Co., the Dallas-based energy services firm he headed until Aug. 16, 2000."
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