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Monday, April 17, 2006

Kirsch: Cheney Tax Return Shows Katrina Tax Benefits for Non-Katrina Charitable Contributions

CheneyMichael Kirsch (Notre Dame) points out an interesting aspect of the Vice-President's 2005 tax return:

It appears that the VP is a major beneficiary of the Hurricane Katrina tax relief act. In particular, he claimed $6.8 million of charitable deductions, which is 77% of his AGI -- well in excess of the 50% limitation that would have applied absent the Katrina legislation. The press release indicates that the charitable contribution reflects the amount of net proceeds from an independent administrator's exercise of the VP's Halliburton options -- apparently, the VP had agreed back in 2001 that he would donate the net proceeds from the options to charities once they were exercised.

The press release seems to confirm, at least implicitly, the VP's efforts to take advantage of the Katrina legislation -- it mentions that the Cheneys wrote a personal check of $2.3 million to the administrator in December in order to "maximize the charitable gifts in 2005." Admittedly, I don't know anything about the transactions beyond the info in the press release, but my gut reaction is that the personal check was given in order to make sure the independent administrator had sufficient liquid assets to pay all of the promised charitable contributions before the 50% limit returned on 1/1/06.

Despite the importance of the Katrina legislation to his tax return, it looks like none of the charitable contributions actually went to Katrina-related charities (the press release lists the 3 charitable recipients, all of which were designated in the original 2001 gift agreement). While there's nothing inappropriate about that from a legal perspective, it does demonstrate how the legislation, which was sold to the public as providing relief to Katrina victims, provided significant tax benefits to the VP (and potentially other wealthy individuals) in situations that have nothing to do with Hurricane Katrina.

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Comments

Why is this man not in jail?

Posted by: Beverly Hill | Apr 17, 2006 11:53:22 PM

"How powerful do you have to be to shoot a man in the face and have that guy say 'my bad.'"
–Jon Stewart.

Posted by: A. Clue | Apr 18, 2006 1:53:58 PM

How does this guy sleep at night? This administration makes me sick to my stomach. They are sooooo corrupt.

Posted by: Kathleen | Apr 18, 2006 2:05:12 PM

This administration has no shame.
They are "do as I say, not as I do" people

Posted by: Bob Sanderson | Apr 18, 2006 2:09:15 PM

REPREHENSIBLE, totally devoid of any moral values, ...a true, dyed-in-the-wool Robber Baron.

Posted by: tony | Apr 18, 2006 2:10:41 PM

We need a perp-walk, and we need it now.

Posted by: L. Kern | Apr 18, 2006 2:22:38 PM

Given that we all seem to be in aggrement on the corruption of this goverment, what are going to do about it?

Posted by: Jamie | Apr 18, 2006 2:23:26 PM

I look forward to one day, watching him being escorted out of the White House in handcuffs. Until then...keep the pressure on them and keep calling your representatives. If not you...who?

Posted by: pj | Apr 18, 2006 2:28:09 PM

Worse than Cheney & friends not paying their fair share is that we, all taxpayers, have the Bush Administration's war blood on our hands. We finance these guys! We allow them to stay in office by not doing more to convince our representatives to investigate these guys and kick them out of office. Wake up America and take charge.

Posted by: Sandra Taylor | Apr 18, 2006 2:33:18 PM

what i'd like to know is when will the US population stop accepting this criminality? when will they get up & protest until the bums are kicked out???

Posted by: mela London | Apr 18, 2006 2:34:02 PM

I noticed the other day that the network news showed a large facsimile of President Bush's tax returns, but not Cheney's. It made me curious at the time, because Cheney's income is, apparently, so much larger.

As usual with this administration, they resist honesty and transparency at every turn. And with good reason; they are corrupt men with plenty to hide.

Posted by: Overtaxed | Apr 18, 2006 2:44:15 PM

The American people are too preoccupied with ( fill in the blank ) to get aggitated enough to speak out against these rethug hoods stealing us blind. And how 'bout the fear factor? Fear of being smeared a trator ( in the time of war ) for speaking truth to power in this country? I have a new bumper sticker which says 'Impeach Bush/ love America' and I am afraid to stick it on my car for fear my car will be damaged. What does this tell you? ( Besides the fact that I'm a wus)??
Had Enough Yet??

Posted by: tallmom | Apr 18, 2006 2:47:33 PM

So, it really has been about money afterall. All the greed, selfishness, vainty, hubris, and cold-hearted egomaniacal, theivery is a wicked game of King-of-the-hill. War sold as democracy, theft disguised as charity, writing laws that benefit oneself and hurt most everyone else, all are putrid mutations of market-based economy run amok. What a shining example of reprehensible human charactistics Mr. Dick Cheney is.

Posted by: Vanna | Apr 18, 2006 2:49:40 PM

They will all continue their criminal behavior for thei own profit because they know that Bush will pardon each and every one of them when he leaves office. Bush needs to be impeached so that these pardons don't occur.

Posted by: joe russell | Apr 18, 2006 2:57:37 PM

Bush and his buddies, backers and handlers get away with all they do because they think they have all they need on their side: god and money, in either order, they don't care as long as it is all theirs. And they sure don't care about the opinions of anybody who doesn't have money to give them and who isn't a god. There is nothing regular folks can do because the Bush/buddies/backers/handlers also own the voting machines.

Posted by: Debby Stark | Apr 18, 2006 3:00:52 PM

It's like an Eugene Lonesco play - and we are in the audience, stupifed by it all.

Someone, bring up the house lights!!

Posted by: Woody | Apr 18, 2006 3:07:42 PM

Corrupt? Hey, go run for office, change the laws and make million dollar contributions. Then you can complain. This guy knows the law, and the lawmakers intentions better than Joe Public. So, pick up a law book, read it, plan your financial strategies, and stay alert to the new changes on those laws and the effects. If you read the proposed bill, you should have screamed about the loop hole then, not later when you feel lesser of a man than he. Good luck!

Posted by: Rafo | Apr 18, 2006 3:12:14 PM

It is the dummying down of America.
We will not do anything.
We deserver everything, not only did we elect these people once, but we elected them twice.

Posted by: Denise | Apr 18, 2006 3:16:48 PM

I have encouraged my congressman to support impeachment: His response reinterates what I knew all along. It is a failed effort from the very beginning because Hastert and Frist will not let such effort go forward by blocking introduction to the congress. Even if the effort reached the congress for debate it would be out voted by the majority ( the republican controlled house and senate). The solution: Lets every one get off our asses and vote the Democrats back in control in Nov 2006. Then maybe we can get some real world governance.

Posted by: James | Apr 18, 2006 3:20:50 PM

Nobody has more disdain for the VP than I do, but I don't think this particular action is bad. Cheney might have avoided paying tax on a larger portion of his income for last year, but that's because it went to charity. I really don't see the problem, unless the charities were fronts of some sort. I presume that many people chose to make donations before year's end in order to receive the tax benefit from it, just as they always do for lesser amounts.

Posted by: lillianjane | Apr 18, 2006 3:29:37 PM

While this is disgusting it probably isn't illegal because the Republicans wrote the laws covering Cheney's considerable ass. This is what happens when a dumbed down electorate runs up against a pack of lying thieves.

Posted by: Mike Donovan | Apr 18, 2006 3:30:08 PM

While this is disgusting it probably isn't illegal because the Republicans wrote the laws covering Cheney's considerable ass. This is what happens when a dumbed down electorate runs up against a pack of lying thieves.

Posted by: Mike Donovan | Apr 18, 2006 3:31:32 PM

Wow, just think, if that unfair estate tax could get passed, V.P. Chaney would have to give a far cry less to charities. That's unfair, NOT

Posted by: scott | Apr 18, 2006 3:35:23 PM

What can you say - this is what happens when a dumbed down electorate runs up against a pack of thieving liars.

Posted by: Mike Donovan | Apr 18, 2006 3:39:41 PM

This is one of those classic moments in Bugeouis disaffectedness that is just going to do great things for the Bush Administration. Can't arrest him for this, but boy, is it slimy.

Posted by: DragonFlyEye | Apr 18, 2006 3:46:09 PM

This is one of those classic moments in Bugeouis disaffectedness that is just going to do great things for the Bush Administration. Can't arrest him for this, but boy, is it slimy.

Posted by: DragonFlyEye | Apr 18, 2006 3:46:40 PM

This is one of those classic moments in Bugeouis disaffectedness that is just going to do great things for the Bush Administration. Can't arrest him for this, but boy, is it slimy.

Posted by: DragonFlyEye | Apr 18, 2006 3:47:03 PM

Honestly, I don't like Cheney any better than most of you...

BUT - the guy donated over $2.3 million dollars to bone fide charities. That does not make him a bad person.

OTHER things he's done make him a bad person, but get real, folks.

Posted by: edgar | Apr 18, 2006 3:54:38 PM

Let me first say that I am no fan of Vice - in fact I believe him literally to be the Spawn of Satan, in league with the Dark Lord himself. Nevertheless, I'm not sure taking advantage of the Katrina Relief loophole is such a bad thing. Remember, he had to have made a gift to a registered 503 charity to receive the deduction. There are thousands of charities out there that have seen federal funds dry up (thanks to the likes of Vice & Co.) who must rely increasingly on charitable donations from individuals. I would have felt a lot better if Vice had directed his charitable giving to aid Katrina victims - still, giving away nearly $7MM may not be such a bad thing (depending on where it went). Many people were able to make larger charitable gifts this year than they otherwise might have made because of the this provision, which allowed donors to make gifts equal to 100% of their income and still get a deduction (normally, you can only take a deduction for gifts equal to no more than 50% of your income). The result in many cases has been a much needed windfall for a number of charities. Anyway, I agree that Vice is a criminal and a vile one at that - just not for this act, which may have been the only decent thing he did all year.

Posted by: Stephen | Apr 18, 2006 4:04:45 PM

Maybe I'm missing something here, but how is this a big deal? Every non-profit in the US was informing their regular donors of this program, and urging them to give extra to take advantage of it. I myself did some extra year-end giving in '05 (mostly to various environmental groups) that I would have ordinarily put off until '06. And I since I got a nice deduction, I guess I have more money to give to charities this year, too.

Does that make me a criminal?

Posted by: Stace | Apr 18, 2006 4:09:59 PM

The $2.3 million check was written to the trustee essentially to "see no tax benefit" from deducting the contributions. That's what he means by "maximizing" the contributions. People dont relaize this, but Cheney had previously pledged not to take this tax deduction. See these links:

http://www.sptimes.com/News/041401/Worldandnation/IRS_cust_back_on_enfo.shtml

http://www.cnn.com/2003/ALLPOLITICS/09/16/cheney.halliburton/index.html

Posted by: Dan | Apr 18, 2006 4:11:48 PM

So more money was donated to 501(c)3s last year than would have otherwise, by me and thousands of other donors? This is a problem? I think you're letting personal hatred for Cheney obscure all rational thinking.

Posted by: Stace | Apr 18, 2006 4:39:55 PM

I for one would be at the front of the line to flog these unscurpulous corrupt thugs. The problem that real Americans face is the 33% that still believe that this regime is right and the 67% are the devil.
"If you want to keep belly-aching over this then sit back and do nothing in November."
Even if the impeachment process could not be carried out because of lack of time. The newly elected (Democrats) can make sure that this 'Lame Duck Soup Administragtion' cannot ruin our greta country any longer.
Filing for impeachment will also render his dirty regime usless as far as "PARDONS" are concern. This makes the whole lot subject to prosecution at a later date.
Get off your duffs. Help out every Democrat and/or Independent that is middle of the road.
The victory for the 67% of good Americans lies in the balance.

Posted by: Ray | Apr 18, 2006 4:46:42 PM

Cheney is a scumsucker but give me a break u r getting on his case for giving money to charity

Posted by: wally white | Apr 18, 2006 4:46:43 PM

Its the same scam used by T Boone Pickens. Pickens donated 165 million to golf program at Oklahoma State, got the Katrina deduotion, paid no tax,then had the 165 mil invested in his own hedge fund. This happened Dec. 29. Disgusting.

Posted by: roagbro | Apr 18, 2006 5:52:54 PM

Cheney gave 3/4 of his gross income to charity. How much did you give?

Posted by: Common Sense | Apr 18, 2006 6:11:53 PM

I'm wondering...since most of President Bush's monies are in a blind trust..do those monies not have to be reported? I know most of it is in Illinois due to some kind of tax law.

Posted by: pgilbert | Apr 18, 2006 6:19:15 PM

YES!!! all those comments above and more!!! What would really be interesting is determining if the 'charities' are "Really" charities. Remember the Delay/Abramoff "Charities" - that wern't; remember the false charity Delay and his ex-Chief of Staff set up in Delay's house to "Protect American Family values [or some such claptrap] where donations by "lobbyists" for Corp. clients were tax deductible and Delay spent it on his luxuries and the other guy got over $1.1 Million. I wonder if any of these 'charities', Shooter' donated money to, might be the same false fronts??

Posted by: disgusted | Apr 18, 2006 6:42:22 PM

I'm from New Orleans, and I can't take deductions for most of what I spent and for letting people stay in my house (under 60 days). I made less than 30k last year. I lost my job, I am displaced and in another state. AND I am LUCKY! Most of the people I know are stuck in financial crisis, waiting for another hurricane without levee protection or any faith in this administration. How Dare HE or his accountant. Where is he now? Why is New Orleans still waiting for help? AND how come Halliburton and Shaw have made millions already "rebuilding" New Orleans? I am forwarding this tax information to everyone I know. Thanks for posting it.

Posted by: p | Apr 18, 2006 6:47:29 PM

Anyone know where I can get a copy of the "Dartmouth Plan" signed by a "Publius" that's being circulated? I hear it's a convincing strategic plan for progressives to get these criminals out of office through more aggressive approaches on national security, media and economics - including the Katrina situation. If you know where I can get a copy, please let me know by replying to my e-mail. Thanks.

Posted by: Jake Maxwell | Apr 18, 2006 7:22:52 PM

Sounds like someone needs an audit, but these guys all cheat on their taxes.

Posted by: Paul | Apr 18, 2006 7:44:58 PM

classless, greedy, and ignorant...(sigh) i am leaving this country.........going to my own private island...to hell with anyone else..

Posted by: Ginger | Apr 18, 2006 7:53:45 PM

classless, greedy, and ignorant...(sigh) i am leaving this country.........going to my own private island...to hell with anyone else..

Posted by: Ginger | Apr 18, 2006 7:54:59 PM

Bush & Cheney are 'getting away' with
everything corrupt cuz...

AMERICANS DON'T CARE ABOUT NOTHING
BUT THEIR FAST FOOD AND FREE PORN....

Americans get their news from
CNN, FAUX, MSNBC...which is geared
for the Micky Mouse club...Get your
news from the Internet and LEARN SOMETHING!

We get more outraged of our stupid stars
doing something illegal and (yawn)
USA is killing thousands of innocent
humans EVERY DAY!
WAKE UP AND GET OUTRAGED!
WE'RE KILLING HUMAN BEINGS...

JUST CUZ...

Posted by: lisa | Apr 18, 2006 7:55:16 PM

Wow. The ignorance of most of the commenters is shocking to me

And, Taxprof, if you think this is some kind of scandal, then you don't know much about tax law or philanthropy. I'm glad my accountant knows a lot more than some professor living in the bubble of academia.

Posted by: Stace | Apr 18, 2006 10:22:23 PM

Remember the campaign promises of 1999? "I want to restore integrity to the white house." is what we were told. yet another chance for these idiots to fly in and claim a big fake mission accomplished!!! The only thing the pres. has ever EARNED in his life is a D.U.I. that his daddy bought him out of. Get them out of our congress so we can impeach the whole lot of them in the white house!!!

Posted by: holley | Apr 18, 2006 11:47:02 PM

Hi,

I just had to check in to see what was being offered from the liberal point of view as I/m undecided.

I have to say that the president has made some mistakes in regards to the war, but I do believe in the idea of procurating freedom as a means of defeating terrorism.

As far as taxes go, well I don't believe in redistribution of wealth. If I work hard and smart and earn big, let me keep more of my money and I will spend, I will buy stuff, trickle down effect. The current tax system is a mess and needs help for sure.I'm in favor of a federal sales tax, IF they dump the rest first. I know, we'll all have to hold our breath on that one.

Best,
Joe

Posted by: Joseph | Apr 19, 2006 1:11:27 AM

Cheney donated to University of Wyoming Foundation, headed by Ben Blalock, who THREW A GIANT PARTY FOR BUSH AND CHENEY - IN FACT THE BIGGEST IN WYOMING HISTORY according to this testimonial. THIS IS A CHARITY? THAT PROMOTES BUSH AND CHENEY?!?!?!? WHAAA?!?!?!

http://www.richter-scale.com/companytestimonials.html

Posted by: Congressive | Apr 19, 2006 7:57:20 AM

I find it interesting that Cheney overpaid his taxes by $ 2 million - that basically means he did not have a charitable intent until late in the ballgame. Any individual making that kind of income with competent professional assistance would not give the government an interest free loan (especially for 2 million) if they did not anticipate owing a large sum of money for their taxes. What changed his mind? Bad p.r. related to the Halliburton windfall? You tell me.

Posted by: Harold | Apr 19, 2006 8:35:06 AM

I just wish he had donated the money to my little charity!- we function with next to nothing,most grassroots charities that actually get the work done never have enough to cover the basic bills- and I bet you the charities he gave to are already sitting on a fortune- it would be interesting to see where all the donations go from the rich politicians who drafted a bill to up the amount of allowable deductions for the already rich- phyllis fischer, church of the angels

Posted by: phyllis fischer | Apr 19, 2006 9:18:18 AM

Only in this society can people give away 75% of their income and still be criticized for it by people posting here.

Posted by: BobD | Apr 19, 2006 11:10:27 AM

Only in this society can people give away 75% of their income and still be criticized for it by people posting here.

Posted by: BobD | Apr 19, 2006 11:13:00 AM

Common Sense:

"Cheney gave 3/4 of his gross income to charity..."

Yeah, and he did it because he's just a big ol' softy! Right?
Forget it, there's no way Cheney does anything that doesn't guarantee him a profit at some point.

Posted by: HorseFeathers | Apr 19, 2006 12:42:55 PM

Ok...how many of you posting gratuitous insults have EVER donated $6.8MM to a charitable organization? Or, how many of you have ever EARNED that much money? That's what I thought...thanks for playing.

Posted by: Paul | Apr 19, 2006 3:26:28 PM

What an inane assortment of comments on this article. Not only are most of the comments devoid of logic and reason, they suffer from serious grammatical errors which detract from any point that might be made. A man donates the majority of his income to charity and he gets criticized. When did I slip into an alternate universe?

Posted by: Rob | Apr 19, 2006 3:32:17 PM

Never seen so much anger over $6.8 million in charitable donations.

Bush Derangement Syndrome really has no have no limit. Cheney could probably pull your family from a burning car and you people would say it was all about oil.

Posted by: Frank J. | Apr 19, 2006 3:36:14 PM

VP Cheney is a great Republican-American. I don't see Bill Gates (D-MICROSOFT) giving away 77% of his income. Besides, the 50% AGI rule only means Mr. Cheney would be taking his charitable deduction in 2006 rather than 2005. Big deal.

Posted by: Russell | Apr 19, 2006 3:38:59 PM

"...I look forward to one day, watching him being escorted out of the White House in handcuffs."

I look forward to most of you getting proper mental health care. Just be careful - you can pull a muscle while thrashing in those restraints.

Posted by: R.B. Phillips | Apr 19, 2006 3:41:29 PM

So his donating 77% of his income to charity is somehow…evil. So if he donated 85% of his income it would be more evil? Would that makes former VP Gore’s charity donation of .077 percent of his income good? You people are sick.

Now if you will excuse me, I’m going back to earning money. I may not be able to match 77%, but it is an admirable goal, and I am happy our VP set it.

Posted by: Georg | Apr 19, 2006 3:43:30 PM

Gee, how does that compare with the 29 cents AlGore donated to charity when he was vice president?

Posted by: Uriah | Apr 19, 2006 3:45:27 PM

Ok, wait a minute. Dick Cheney donates 77% of his income to charity and you are all pissed off about it and wish he'd get arrested? Did I read your comments correctly? I've NEVER donated even close to 10% of my income to charity, and this man donates nearly 8 times that and you all hope for his arrest?

Rather than asking how Dick sleeps at night, you should ask yourselves that same question. "HE DONATED ALMOST $7 MILLION TO CHARITY?! SEND THAT MAN TO JAIL RIGHT NOW!" Honestly, those of you who wrote things along those lines read like you're nuts.

Posted by: Areyouallinsane | Apr 19, 2006 3:53:50 PM

Oh the terrible generosity! When will authorities step in to stop government officials from donating more than three quarters of their income to charity??!!

Posted by: Bill | Apr 19, 2006 3:54:17 PM

How dare this guy give money to charity instead of the government!?! Dastardly, I say!

Posted by: Oh My God! | Apr 19, 2006 3:57:46 PM

Let's see--Cheney gives 77% of his AGI to charity, consistent with the law, and readers are apoplectic because... Why? If he'd given 10% of his AGI to charity how many of these same readers would be howling about his alleged parsimony? Why not cudgel the man for being bald, it's no more irrational.

Posted by: trout | Apr 19, 2006 4:00:29 PM

These comments - that Cheney is a criminal for donating milliosn to charity etc etc - are wonderfully instructive vignettes of why liberals are a laughing stock.
Anyone remember the year your hero Clinton deducted his used underwear, or Al Gore had all of $353 in charitible giving?
What a joke all of you are!

Posted by: JCB | Apr 19, 2006 4:01:35 PM

Let me get this straight... You people want to see Dick Cheney go to jail. His crime apparently is having given TOO MUCH MONEY TO CHARITY and writing it off on his taxes. How much did you jackasses give to charity this year. IT WAS HIS $6.8 MILLION THAT HE DONATED TO CHARITY and legally wrote off on his tax return. If he were the heartless dirtbag that you all fantasize he is, wouldn't he have just kept his money instead of helping so many people with it?!? Do yourealize that he paid more in taxes, even after his refund, than most of us will ever pay in our entire lives?!?
Your envy and ignorance are both breathtaking and shameful. You all need therapy to get past your pathelogical hatred of Bush, Cheney and conservatives in general. Truly pathetic.

Posted by: ernieh | Apr 19, 2006 4:02:07 PM

What the hell?
So he gives 7 million to charity, and takes a tax right off that (based on what I read in the post, and really just means he didnt have to pay tax on money that he gave away) is perfectly legal and you people want him killed? In fact it says "While there's nothing inappropriate about that from a legal perspective...." so I dont think locking him up for this is an option. Sorry. Normally when someone gives away 7 million dollars to charity, my first reaction is to lock them up. Now if the charities are fronts for non cheritable activities, then you have something to talk about, but without that, a sane, rational person would have to conclude that most of the commentators are completely full of shit. Not to mention facists. What else would you call people who want people with opposing political views locked up? You feel a law was violated? Make your case. Just because you "feel" or you "think" doesnt count.

Posted by: buzz | Apr 19, 2006 4:05:12 PM

Never in my life have I witnessed such savage idiocy. Let he who has given 3/4 of his income to charity cast the first stone. Otherwise, take another fucking Prozac and shut the hell up.

Posted by: Chairman Me | Apr 19, 2006 4:09:27 PM

What a bunch of losers. Cheney gives 77% of his AGI to charity in a poerfectly legal way and you bunch of moonbats call that corruption. Let's see, he gives away $6.97 million and gets a tax refund because of it. What's the problem. How many of you itemize on your tax return? By your logic you are not paying your fair share and should be audited. Somehow it is "classless, greedy and ignorant" to give your money to charity?

Perhaps the reason that the media did not show Cheney's tax return is that they did not want to give him credit for the charitable donations. Face it: if he had kept the money and paid taxes you wouldn't have liked it and we already know that you don't like him giving it away.

Posted by: John Daly | Apr 19, 2006 4:10:01 PM

Hey you stupid retards. You're criticing Cheney for giving money to charity????? Let me explain it so that even you leeches (who've never held a job or filed a tax return in your life) can understand: If I contribute a dollar to charity, that dollar is non-taxable. However, the benefit of the tax-deduction is less than the $1 I gave to charity. It is your tax rate x the $1. In Cheney's case, probably .35. So in other words, rather than keeping .65 as income and giving .35 to the US government, he chooses to give 1.00 to charity. Therefore, he FOREGOES his right to his .65.

Complete utter idiocy. And you wonder why people don't take you seriously.

Posted by: Alan | Apr 19, 2006 4:13:46 PM

Are you moonbats crazy? He gives away most of his income to charity and you say he belongs in jail. Don't you ever suspect that your hatred for these people has slipped over into the irrational?

Posted by: Tiny | Apr 19, 2006 4:15:08 PM

Do those charitable deductions include used underwear?

Posted by: Bill Clinton | Apr 19, 2006 4:16:04 PM

Are you moonbats crazy? The man donates almost all of his income to charity and you say he should be in jail. You guys haven't seemed to notice that your hatred for these people has slipped across into the irrational. Feel free to pour on the expletives, as is common with the left.

Posted by: Tiny | Apr 19, 2006 4:17:36 PM

Man! I haven't seen so much extreme-liberal drool on one page in years! This place is a hoot - I'll be sure to come back whenever I want to know what the moonbat left is thinking and saying! Y'all have a nice day now, ya hear?

Posted by: Sparky | Apr 19, 2006 4:20:02 PM

"it does demonstrate how the legislation, which was sold to the public as providing relief to Katrina victims"

I think you've left something out. It was not only sold as helping Katrina victims, but it was also supposed to help make up for the fact that other, non-hurricane related charities would be hurt by the massive giving that would go to Katrina-stuff (and not other charities). It seems to have achieved that goal.

Personally, I'd rather have him give 3/4 of his income to charity, as opposed to the government.

Posted by: Monkberrymoon | Apr 19, 2006 4:24:36 PM