Friday, October 03, 2008

McCain Press Release

For Immediate Release
October 3, 2008


Palins Release Tax Returns And Financial Disclosure



ARLINGTON, VA -- Today, the McCain-Palin campaign released Governor and Todd Palin's tax returns for 2006 and 2007. The Palins' tax returns show that they paid $36,682 in federal taxes for 2006 and 2007. In the past two years, Governor and Todd Palin have contributed $8,205 to charitable causes. Below please find summary information about the Palins' 2006 and 2007 tax returns.

The McCain-Palin campaign also released Governor and Todd Palin's Public Financial Disclosure Report.

To view the relevant documents, please see:

http://www.johnmccain.com/palinfinancial



SUMMARY OF TAX RETURNS

Taxes Paid:

For 2006, the Palins paid $11,944 (LINE 63) in total taxes on gross income of $127,869 (LINE 37), which is a 9.3% tax rate.

For 2007, the Palins paid $24,738 (LINE 63) in total taxes on gross income of $166,080 (LINE 37), which is a 14.9% tax rate.

Charitable Contributions:

2006

In 2006, Sarah and Todd Palin donated $4,250 to charity in cash/check donations and $630 in non-cash/check donations, for a total of $4,880. This is 3.3% of their adjusted gross income.

2007

In 2007, Sarah and Todd Palin donated $2,500 to charity in cash/check donations and $825 in non-cash/check donations, for a total of $3,325. This is 1.5% of their adjusted gross income.

8 comments:

Leticia said...

Funny we never see similar financial openess from the Chosen One.
Wouldn't that be revealing?!

lara said...

Especially considering that he and the Mrs raked in nearly $4mm--

DR said...

Any honesty from Obama would be a miracle. Check this post out, you'll find it interesting.

http://badgerblogger.com/?p=7833

lara said...

Thanks for clarifying, DR. Now I get it--

Obama and Biden are all for 'giving to the poor,' so long as they're enabling, ooh, I mean, 'giving' with taxpayer $$ and not their own.

Let me assume that 'charity,' too, is defined differently by the Democrats than by the rest of the free world (and no doubt they'd claim the rest of us have it wrong)

What a bunch of bozos.

Anonymous said...

http://www.newsweek.com/id/162403

When your campaign has this kind of money, you're after more than a Presidency....

DR said...

I hope the Obama campaign gets what it has coming. It is ridiculous what the media has allowed them to get away with and fundraising is just the tip of the iceberg.

max said...

Obviously, the democrats are far more interested in doling in the dollars, rather than doling them out: unless, naturally, the doling out is at our expense.

Uncharitable and cheap.

DR said...

Max,

Unfortuantely, it is not surprising at all huh?