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George and Laura Bush 2008 tax returns

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The Bushs' 2008 tax returns

THE WHITE HOUSE

Office of the Press Secretary

(Crawford, Texas)

________________________________________________________________

For Immediate Release April 11, 2008

PRESIDENT AND MRS. BUSH RELEASE 2007 TAX RETURN

President and Mrs. George W. Bush reported taxable income of $719, 274 for the tax year 2007. This resulted in a total of $221,635 in federal income taxes paid by President and Mrs. Bush.

The President's 2007 income included salary earned as President and investment income from the trusts in which the President and Mrs. Bush’s assets are held. The tax return also reports a $150,000 advance received by Mrs. Bush for the children’s book she co-authored with Jenna Bush. Mrs. Bush donated all net proceeds from the advance to Teach for America and the New Teacher’s Project.

President and Mrs. Bush contributed a total of $165,660 to churches and charitable organizations, including the Crawford Volunteer Fire Department, Susan G. Komen For the Cure, Malaria No More Fund, Martha’s Table, and St. John’s Church.


.gov

3 Comments

Didn't President Bush return his Presidential salary to the nation?

i garenty you that bush didnt pay any taxes in 2007. I cant find its tax return and why should i beileve anything that CNN tells me? He paid pay any taxes because there is no law that requiers you to pay income tax

NO HE DID NOT return his salary to the US or the people. He kept it. the only president who never took a salary as a president was John F kennedy. Bush took advanges of the Tax cuts for small business on this tax return. supposely he profit 84.00 from a Oil business.

If the President didnt pay taxes on a preisdent salary of 440,000. then he is not setting an example to other Americas and that can explain why America is in debt. He is not paying his taxes, he is just stealing it.

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Lynn Sweet

Lynn Sweet is a columnist and the Washington Bureau Chief for the Chicago Sun-Times.

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This page contains a single entry by Lynn Sweet published on April 11, 2008 1:14 PM.

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