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BREAKING: CNN Cindy McCain's Tax Returns

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ddeclue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 05:51 PM
Original message
BREAKING: CNN Cindy McCain's Tax Returns
Made 4M last year

Paid 1.1M in taxes

Charitable contributions not released.

Income came from rental estates, royalties, partnerships,etc.

Overpaid 954,000 to be applied next year.

CNN is still claiming 277 to 154 electoral votes.
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Duer 157099 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 05:53 PM
Response to Original message
1. She paid taxes on electoral votes?
:shrug:
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ddeclue Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 05:55 PM
Response to Reply #1
2. Don't be silly..it was the next thing CNN announced.
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dana_b Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 05:56 PM
Response to Original message
3. overpaid taxes by $954,000??
so she only paid $146,000 on $4M. Wow - it really does pay to be rich!!
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Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 05:58 PM
Response to Original message
4. Overpaid by $954,000?
Edited on Fri Oct-17-08 05:58 PM by Warren Stupidity
So her income tax on 4,000,000 was actually something like (1,100,000 - 954,000) 146,000? Her effective tax rate was 3.65% ? Is that right? Wow. I guess the AMT doesn't apply to the really rich.

No Fucking Wonder They Tried To Keep This Hidden

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livetohike Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 06:01 PM
Response to Reply #4
5. Explains why McCain wants to discredit Obama's tax plan now
doesn't it?
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 06:10 PM
Response to Reply #4
7. That why she overpaid it-to bump it up into the 25% area
But please remember that she is NOT a part of the campaign :eyes:
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Cush Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 06:08 PM
Response to Original message
6. NBC said she made 10.2 million
Edited on Fri Oct-17-08 06:09 PM by Cush
note: this is if you combine 06 & 07
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Swede Atlanta Donating Member (906 posts) Send PM | Profile | Ignore Fri Oct-17-08 06:13 PM
Response to Original message
8. Great....she paid less % than I did
This is what is sick with our tax code. Those that make huge sums actually pay less, given all the loopholes, than those of us who actually get up every morning, drive to work, and do an honest-days work. Cindy McCain has teas, golfing outings, sexual liasons with her young pool boys (we know McLimp probably can't get it up), etc. and makes 4M on things that do not involve her doing ANYTHING. She sits on her fat ass and makes $4M while I struggle to make ends meet for my family. This is why there was a revolution in France. I'm not suggesting or advocating the same here but that is why McLimp wants to give tax cuts to his rich buddies....he benefits big time.
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CitizenPatriot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 06:13 PM
Response to Original message
9. Oh yeah, she overpaid so Fox et al could report
that she already (horrors of horrors) pays 25% in taxes and evil Obama will raise them!

Now, if she let it out that she only paid a measly percentage (how did she manage that?) it would go to the point of why the rich are paying LESS than we pay percentage wise.

That is the problem no one EVER fucking talks about. Except Warren Buffet.
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-17-08 06:14 PM
Response to Original message
10. She Makes More Than Joe The Plumber
~
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