The President’s tax return

The President’s tax return

In case anyone’s wondering—Woodeene at HMS Blog was—President and Mrs. Bush have released their tax return information.:

President and Mrs. George W. Bush reported taxable income of $771,940 for the tax year 2002. This resulted in a total of $268,719 in federal income taxes paid by President and Mrs. Bush.

The President’s 2002 income included salary earned as President and investment income from the trusts in which their assets are held.

President and Mrs. Bush contributed $69,925 to churches and charitable organizations, including Southern Methodist University, Evergreen Chapel at Camp David, Tarrytown United Methodist Church, and the Federal Government’s Combined Federal Campaign.

Nice contrast to the Clintons who donated used underwear and shower curtains and itemized them on their returns.

Written by
Domenico Bettinelli

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