Records for the Record

Tuesday was Tax Day, and if anything it' a reminder that, as Americans, we're all united by at least one thing: a four-digit number, "1040." That's right - even the president and vice president are just like everybody else on Tax Day. The president's and the vice president's tax returns were made available last week. You can see the Bushes' return here and the Cheneys' return here. From the White House: President and Mrs. George W. Bush reported taxable income of $618,694 for the tax year 2005. This resulted in a total of $187,768 in federal income taxes paid by President and Mrs. Bush. The President's 2005 income included salary earned as President and investment income from the trusts in which their assets are held. and the Vice President's Office Vice President and Mrs. Cheney filed their federal income tax return for 2004 today. The income tax return shows that the Cheneys owe federal taxes for 2004 of $393,518 on taxable income of $1,328,678. During the course of 2004 the Cheneys paid $290,855 in taxes through withholding and estimated tax payments. The Cheneys paid $102,663 upon filing their tax return.
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