|[Ben]:||"Tax the Rich" Kerry's wife releases partial 1040 form. ||No discussion found|
If accurate, this is amusing.
On her "remaining 'taxable' income of $2.29 million, Mrs. Kerry paid $627,150 in taxes, for an overall average federal tax rate of only 12.4% on her $5.07 million in total income." This "puts Mrs. Kerry's tax rate at well below that of other filers in her super-rich neighborhood. But it also means she is paying a lower average rate than nearly all middle- class taxpayers paid in 2001, the last year for which the IRS has published the data.
"Tax the Rich" Kerry's wife releases partial 1040 form.