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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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378 responses to “Kirsch: Cheney Tax Return Shows Katrina Tax Benefits for Non-Katrina Charitable Contributions”

  1. Beverly Hill Avatar
    Beverly Hill

    Why is this man not in jail?

  2. Beverly Hill Avatar
    Beverly Hill

    Why is this man not in jail?

  3. Electric-Escape.net Avatar

    Stuff You Should Read

    Did Cheney exploit Katrina tax loophole?

  4. Electric-Escape.net Avatar

    Stuff You Should Read

    Did Cheney exploit Katrina tax loophole?

  5. A. Clue Avatar
    A. Clue

    “How powerful do you have to be to shoot a man in the face and have that guy say ‘my bad.’”
    –Jon Stewart.

  6. A. Clue Avatar
    A. Clue

    “How powerful do you have to be to shoot a man in the face and have that guy say ‘my bad.’”
    –Jon Stewart.

  7. Kathleen Avatar
    Kathleen

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

  8. Kathleen Avatar
    Kathleen

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

  9. Bob Sanderson Avatar
    Bob Sanderson

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

  10. Bob Sanderson Avatar
    Bob Sanderson

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

  11. tony Avatar
    tony

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

  12. tony Avatar
    tony

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

  13. L. Kern Avatar
    L. Kern

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

  14. L. Kern Avatar
    L. Kern

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

  15. Jamie Avatar
    Jamie

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

  16. Jamie Avatar
    Jamie

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

  17. pj Avatar
    pj

    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?

  18. pj Avatar
    pj

    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?

  19. Sandra Taylor Avatar
    Sandra Taylor

    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.

  20. Sandra Taylor Avatar
    Sandra Taylor

    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.

  21. mela London Avatar
    mela London

    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???

  22. mela London Avatar
    mela London

    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???

  23. Overtaxed Avatar
    Overtaxed

    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.

  24. Overtaxed Avatar
    Overtaxed

    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.

  25. tallmom Avatar
    tallmom

    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??

  26. tallmom Avatar
    tallmom

    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??

  27. Vanna Avatar

    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.

  28. Vanna Avatar

    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.

  29. joe russell Avatar
    joe russell

    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.

  30. joe russell Avatar
    joe russell

    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.

  31. Debby Stark Avatar
    Debby Stark

    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.

  32. Debby Stark Avatar
    Debby Stark

    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.

  33. Woody Avatar
    Woody

    It’s like an Eugene Lonesco play – and we are in the audience, stupifed by it all.
    Someone, bring up the house lights!!

  34. Woody Avatar
    Woody

    It’s like an Eugene Lonesco play – and we are in the audience, stupifed by it all.
    Someone, bring up the house lights!!

  35. Rafo Avatar
    Rafo

    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!

  36. Rafo Avatar
    Rafo

    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!

  37. Denise Avatar
    Denise

    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.

  38. Denise Avatar
    Denise

    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.

  39. James Avatar
    James

    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.

  40. James Avatar
    James

    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.

  41. lillianjane Avatar
    lillianjane

    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.

  42. lillianjane Avatar
    lillianjane

    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.

  43. Mike Donovan Avatar
    Mike Donovan

    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.

  44. Mike Donovan Avatar
    Mike Donovan

    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.

  45. Mike Donovan Avatar
    Mike Donovan

    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.

  46. Mike Donovan Avatar
    Mike Donovan

    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.

  47. scott Avatar
    scott

    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

  48. scott Avatar
    scott

    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

  49. Mike Donovan Avatar
    Mike Donovan

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

  50. Mike Donovan Avatar
    Mike Donovan

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

  51. DragonFlyEye Avatar

    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.

  52. DragonFlyEye Avatar

    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.

  53. DragonFlyEye Avatar

    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.

  54. DragonFlyEye Avatar

    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.

  55. DragonFlyEye Avatar

    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.

  56. DragonFlyEye Avatar

    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.

  57. edgar Avatar
    edgar

    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.

  58. edgar Avatar
    edgar

    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.

  59. Stephen Avatar
    Stephen

    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.

  60. Stephen Avatar
    Stephen

    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.

  61. Stace Avatar
    Stace

    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?

  62. Stace Avatar
    Stace

    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?

  63. Dan Avatar
    Dan

    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

  64. Dan Avatar
    Dan

    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

  65. Stace Avatar
    Stace

    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.

  66. Stace Avatar
    Stace

    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.

  67. Ray Avatar
    Ray

    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.

  68. Ray Avatar
    Ray

    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.

  69. wally white Avatar
    wally white

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

  70. wally white Avatar
    wally white

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

  71. Preemptive Karma Avatar

    News? or Not News?

    Don’t be distracted by the bomb-bomb-bomb, bomb-bomb-Iran sideshow (imagine Bush and Ahmadinejad texting: W: my missile’s bigger than your missile Ahmadinejad: MY missile’s a HEATSEEKER!!!). See if you can guess which story ISN’T on the Google News mai…

  72. Preemptive Karma Avatar

    News? or Not News?

    Don’t be distracted by the bomb-bomb-bomb, bomb-bomb-Iran sideshow (imagine Bush and Ahmadinejad texting: W: my missile’s bigger than your missile Ahmadinejad: MY missile’s a HEATSEEKER!!!). See if you can guess which story ISN’T on the Google News mai…

  73. roagbro Avatar
    roagbro

    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.

  74. roagbro Avatar
    roagbro

    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.

  75. Common Sense Avatar
    Common Sense

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

  76. Common Sense Avatar
    Common Sense

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

  77. pgilbert Avatar
    pgilbert

    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.

  78. pgilbert Avatar
    pgilbert

    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.

  79. disgusted Avatar
    disgusted

    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??

  80. disgusted Avatar
    disgusted

    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??

  81. p Avatar
    p

    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.

  82. p Avatar
    p

    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.

  83. Jake Maxwell Avatar
    Jake Maxwell

    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.

  84. Jake Maxwell Avatar
    Jake Maxwell

    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.

  85. Paul Avatar

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

  86. Paul Avatar

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

  87. Ginger Avatar
    Ginger

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

  88. Ginger Avatar
    Ginger

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

  89. Ginger Avatar
    Ginger

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

  90. Ginger Avatar
    Ginger

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

  91. lisa Avatar
    lisa

    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…

  92. lisa Avatar
    lisa

    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…

  93. Stace Avatar
    Stace

    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.

  94. Stace Avatar
    Stace

    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.

  95. holley Avatar
    holley

    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!!!

  96. holley Avatar
    holley

    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!!!

  97. Joseph Avatar
    Joseph

    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

  98. Joseph Avatar
    Joseph

    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

  99. Congressive Avatar
    Congressive

    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

  100. Congressive Avatar
    Congressive

    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

  101. Harold Avatar
    Harold

    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.

  102. Harold Avatar
    Harold

    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.

  103. phyllis fischer Avatar
    phyllis fischer

    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

  104. phyllis fischer Avatar
    phyllis fischer

    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

  105. BobD Avatar
    BobD

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

  106. BobD Avatar
    BobD

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

  107. BobD Avatar
    BobD

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

  108. BobD Avatar
    BobD

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

  109. HorseFeathers Avatar
    HorseFeathers

    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.

  110. HorseFeathers Avatar
    HorseFeathers

    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.

  111. Paul Avatar

    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.

  112. Paul Avatar

    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.

  113. Rob Avatar
    Rob

    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?

  114. Rob Avatar
    Rob

    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?

  115. Frank J. Avatar

    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.

  116. Frank J. Avatar

    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.

  117. Russell Avatar
    Russell

    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.

  118. Russell Avatar
    Russell

    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.

  119. R.B. Phillips Avatar

    “…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.

  120. R.B. Phillips Avatar

    “…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.

  121. Georg Avatar

    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.

  122. Georg Avatar

    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.

  123. Uriah Avatar
    Uriah

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

  124. Uriah Avatar
    Uriah

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

  125. Areyouallinsane Avatar
    Areyouallinsane

    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.

  126. Areyouallinsane Avatar
    Areyouallinsane

    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.

  127. Bill Avatar
    Bill

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

  128. Bill Avatar
    Bill

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

  129. Oh My God! Avatar
    Oh My God!

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

  130. Oh My God! Avatar
    Oh My God!

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

  131. trout Avatar
    trout

    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.

  132. trout Avatar
    trout

    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.

  133. JCB Avatar
    JCB

    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!

  134. JCB Avatar
    JCB

    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!

  135. ernieh Avatar
    ernieh

    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.

  136. ernieh Avatar
    ernieh

    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.

  137. buzz Avatar
    buzz

    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.

  138. buzz Avatar
    buzz

    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.

  139. Chairman Me Avatar

    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.

  140. Chairman Me Avatar

    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.

  141. John Daly Avatar
    John Daly

    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.

  142. John Daly Avatar
    John Daly

    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.

  143. Alan Avatar
    Alan

    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.

  144. Alan Avatar
    Alan

    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.

  145. Tiny Avatar
    Tiny

    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?

  146. Tiny Avatar
    Tiny

    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?

  147. Bill Clinton Avatar

    Do those charitable deductions include used underwear?

  148. Bill Clinton Avatar

    Do those charitable deductions include used underwear?

  149. Tiny Avatar
    Tiny

    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.

  150. Tiny Avatar
    Tiny

    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.

  151. Sparky Avatar
    Sparky

    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?

  152. Sparky Avatar
    Sparky

    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?

  153. Monkberrymoon Avatar
    Monkberrymoon

    “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.

  154. Monkberrymoon Avatar
    Monkberrymoon

    “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.

  155. solane Avatar
    solane

    Cheney derangement symdrome has infected this site when people foam at the mouth about perfectly legal contributions to charity. For the education of some of these readers, Congress, not Executive Branch writes the tax laws and the apply to the Vice president just as they do to you and me.
    C’mon people. Lighten up in the hatred. You’re looking really lunatic here.
    It’s one thing to blame people when they do something is wrong–blaming them for something that is not wrong is a sign of disturbed minds.

  156. solane Avatar
    solane

    Cheney derangement symdrome has infected this site when people foam at the mouth about perfectly legal contributions to charity. For the education of some of these readers, Congress, not Executive Branch writes the tax laws and the apply to the Vice president just as they do to you and me.
    C’mon people. Lighten up in the hatred. You’re looking really lunatic here.
    It’s one thing to blame people when they do something is wrong–blaming them for something that is not wrong is a sign of disturbed minds.

  157. Fred Farkle Avatar
    Fred Farkle

    Let’s see – The guy gives three-quarters of his adjusted gross income to charity – and you guys
    think this is a BAD thing? Just because he takes a completely legal deduction for it? Get a life, kids!
    I just wish I could contribute that much to charity – ANY charity – myself!

  158. Fred Farkle Avatar
    Fred Farkle

    Let’s see – The guy gives three-quarters of his adjusted gross income to charity – and you guys
    think this is a BAD thing? Just because he takes a completely legal deduction for it? Get a life, kids!
    I just wish I could contribute that much to charity – ANY charity – myself!

  159. LP Blog Avatar

    Vice President Cheney Gets Hurricane Katrina Tax Relief

    In the months after the devastation of Hurricane Katrina, Congress created hurricane-related tax relief. Perhaps they felt guilty about the federal government’s shoddy response to the disaster. As with a lot of federal legislation, it had some unintend…

  160. LP Blog Avatar

    Vice President Cheney Gets Hurricane Katrina Tax Relief

    In the months after the devastation of Hurricane Katrina, Congress created hurricane-related tax relief. Perhaps they felt guilty about the federal government’s shoddy response to the disaster. As with a lot of federal legislation, it had some unintend…

  161. Cheney is Evil Avatar
    Cheney is Evil

    Donating $6.8 million to charity (77% of his income)? Oh, the inhumanity! This guy belongs in jail for sure!

  162. Cheney is Evil Avatar
    Cheney is Evil

    Donating $6.8 million to charity (77% of his income)? Oh, the inhumanity! This guy belongs in jail for sure!

  163. Ginger is Odd Avatar
    Ginger is Odd

    Ginger is leaving the country for her own private island because Cheney gave TOO MUCH money to charity?
    What does that say about Ginger?

  164. Ginger is Odd Avatar
    Ginger is Odd

    Ginger is leaving the country for her own private island because Cheney gave TOO MUCH money to charity?
    What does that say about Ginger?

  165. Denes House Avatar
    Denes House

    It sure is evil! He gave 3/4 of his income last year to charity, as opposed the the 1/2 he normally does! It makes me so mad when people become generous! Mad enough to spit nails!
    Next thing you know, he’ll be helping old ladies across the street, and then diving into the lake to save puppies, and then he’ll do other dastardly things like clothe the naked and feed the hungry. Thank God we have liberals like us around to yell angrily when Republicans do something this nasty, or the world would never know how much more compassionate we Democrats are!
    /tongue-in-cheek

  166. Denes House Avatar
    Denes House

    It sure is evil! He gave 3/4 of his income last year to charity, as opposed the the 1/2 he normally does! It makes me so mad when people become generous! Mad enough to spit nails!
    Next thing you know, he’ll be helping old ladies across the street, and then diving into the lake to save puppies, and then he’ll do other dastardly things like clothe the naked and feed the hungry. Thank God we have liberals like us around to yell angrily when Republicans do something this nasty, or the world would never know how much more compassionate we Democrats are!
    /tongue-in-cheek

  167. Bill Avatar
    Bill

    So… when was the last time any one of you gave 77% of your AGI to charity… any charities?! I’d be surprised to find any of you that have ever in one year of your life given more than 7% (yeah, that’s a single seven). Wake up and look in the mirror. Any of you ever heard of “blind hatred”?… well, you’ve got the condition.
    Ginger… you go on to your private island, and while you’re at it… why don’t you take some of your ingrate friends with you. Those of us that are left will be the much better for it.

  168. Bill Avatar
    Bill

    So… when was the last time any one of you gave 77% of your AGI to charity… any charities?! I’d be surprised to find any of you that have ever in one year of your life given more than 7% (yeah, that’s a single seven). Wake up and look in the mirror. Any of you ever heard of “blind hatred”?… well, you’ve got the condition.
    Ginger… you go on to your private island, and while you’re at it… why don’t you take some of your ingrate friends with you. Those of us that are left will be the much better for it.

  169. Richard Marsh Avatar

    I have just discovered this site. It is interesting to see how controversial the Cheney contribution is, and how much misunderstanding there is about it. Cheney received compensatory non-qualified stock options which, when exercised and sold by his independent administrator, generated ordinary income, in the nature of wages and salaries, of over $6 million dollars in 2005. Based upon a pledge he had made several years ago, he made charitable contributions totalling over $6 million in the same year. Because of the special Katrina legislation which eliminated the 50% of AGI limitation for charitable contributions, Cheney was able to receive the use of a full deduction for these contributions in 2005.
    1. The drafters of the Katrina legislation were no doubt aware that charities other than Katrina relief would receive contributions about the AGI threshold – in fact, this was argued as part of the rationale – the idea was that the exceptional giving to Katrina relief would take away from other charities’ budgets for 2005, and that “angel” donors like the VP would help make up the difference if there were an incentive for them to do so. This rebuts the Professor’s contention in the cited article, which appears to be shaped by political advocacy, rather than sound policy analysis or accurate reporting.
    2. Had Cheney not received the full deduction in 2005 (in other words, if the 50% AGI limitation had been in effect), he would have had a charitable contribution carryforward available to offset future taxable income. Given the high income of the Cheneys, they would have likely been able to use most, if not all, of this carryforward, and the difference in treatment would have been only the time value of money, which, based on the their choice of investments, appears to be only 3-4% annually, after tax, at the margin.
    3. The current administration’s tax cuts have generally diminished the value of tax deductions for charitable contributions – witness the advocacy efforts of many charities to retain the estate tax, to encourage charitable giving at death.
    4. The Cheneys, notwithstanding the charitable deduction, paid over $500,000 in federal tax in 2005 – more than the VP’s annual salary.
    5. Many of those criticizing Cheney on this page should consider what they would do if they, for example, had won $6,000,000 in the lottery in 2005 – would they actually GIVE THE MONEY AWAY – even if they could get a charitable contribution for doing so? Even after taxes, if you keep the cash you’ll still have over $3,000,000. You don’t make a profit giving it away until the marginal rate exceeds 100%!
    This is an interesting site – I’ll bookmark it. I had no idea tax wonks were so passionate!
    Rick Marsh, JD, CPA, MBA, LLM – Taxation

  170. Richard Marsh Avatar

    I have just discovered this site. It is interesting to see how controversial the Cheney contribution is, and how much misunderstanding there is about it. Cheney received compensatory non-qualified stock options which, when exercised and sold by his independent administrator, generated ordinary income, in the nature of wages and salaries, of over $6 million dollars in 2005. Based upon a pledge he had made several years ago, he made charitable contributions totalling over $6 million in the same year. Because of the special Katrina legislation which eliminated the 50% of AGI limitation for charitable contributions, Cheney was able to receive the use of a full deduction for these contributions in 2005.
    1. The drafters of the Katrina legislation were no doubt aware that charities other than Katrina relief would receive contributions about the AGI threshold – in fact, this was argued as part of the rationale – the idea was that the exceptional giving to Katrina relief would take away from other charities’ budgets for 2005, and that “angel” donors like the VP would help make up the difference if there were an incentive for them to do so. This rebuts the Professor’s contention in the cited article, which appears to be shaped by political advocacy, rather than sound policy analysis or accurate reporting.
    2. Had Cheney not received the full deduction in 2005 (in other words, if the 50% AGI limitation had been in effect), he would have had a charitable contribution carryforward available to offset future taxable income. Given the high income of the Cheneys, they would have likely been able to use most, if not all, of this carryforward, and the difference in treatment would have been only the time value of money, which, based on the their choice of investments, appears to be only 3-4% annually, after tax, at the margin.
    3. The current administration’s tax cuts have generally diminished the value of tax deductions for charitable contributions – witness the advocacy efforts of many charities to retain the estate tax, to encourage charitable giving at death.
    4. The Cheneys, notwithstanding the charitable deduction, paid over $500,000 in federal tax in 2005 – more than the VP’s annual salary.
    5. Many of those criticizing Cheney on this page should consider what they would do if they, for example, had won $6,000,000 in the lottery in 2005 – would they actually GIVE THE MONEY AWAY – even if they could get a charitable contribution for doing so? Even after taxes, if you keep the cash you’ll still have over $3,000,000. You don’t make a profit giving it away until the marginal rate exceeds 100%!
    This is an interesting site – I’ll bookmark it. I had no idea tax wonks were so passionate!
    Rick Marsh, JD, CPA, MBA, LLM – Taxation

  171. Josh Avatar
    Josh

    Lisa,
    Are you referring to Abortion?

  172. Josh Avatar
    Josh

    Lisa,
    Are you referring to Abortion?

  173. CDT Avatar
    CDT

    Talk about blinded by hate…
    The vast majority of the above commentors are actually attacking the man for giving 75% of his AGI to charity! What a crock!
    Ignore that fact that donating to charity (!!) in accordance with all laws isn’t unethical, much less illegal, and continue to call this a “slimy” act. Ignore the fact that his entire tax return is available for your review and continue to shrilly claim he cheated.
    No wonder the GOP keeps winning elections (and likely will continue to in the future) — the opposition is being driving to the fringe left by a loud, radical few.

  174. CDT Avatar
    CDT

    Talk about blinded by hate…
    The vast majority of the above commentors are actually attacking the man for giving 75% of his AGI to charity! What a crock!
    Ignore that fact that donating to charity (!!) in accordance with all laws isn’t unethical, much less illegal, and continue to call this a “slimy” act. Ignore the fact that his entire tax return is available for your review and continue to shrilly claim he cheated.
    No wonder the GOP keeps winning elections (and likely will continue to in the future) — the opposition is being driving to the fringe left by a loud, radical few.

  175. Rob Avatar
    Rob

    That bastard! Giving $2.3 million more to charity so he can save a couple hundred thousand on his taxes. How dare he?!?!

  176. Rob Avatar
    Rob

    That bastard! Giving $2.3 million more to charity so he can save a couple hundred thousand on his taxes. How dare he?!?!

  177. josh Avatar
    josh

    Lisa,
    Are you referring to abortion?

  178. josh Avatar
    josh

    Lisa,
    Are you referring to abortion?

  179. Deoxy Avatar
    Deoxy

    OK, just as a fun little excercise, is there ANYTHING Cheney could POSSIBLY do that you wouldn’t condemn him for? For goodness sake, he gave 77% of his income to charity, and that’s BAD?!? What is the “good” amount to give?!?!?!?
    What is wrong with you people? Stuff like this is why people don’t want to listen to you on other things (where there might beee a point). If giving 77% of his income to charity is “evil”, “corrupt”, “REPREHENSIBLE”, and in ned of a “perp-walk”, then we need more people that you call “evil”, not less.
    In other words, this just shows that you’re over-flowing with venom towards the guy (and the rest of the current administration). Being hyper-partisan is not a useful way to convince people that you are rational, OK?

  180. Deoxy Avatar
    Deoxy

    OK, just as a fun little excercise, is there ANYTHING Cheney could POSSIBLY do that you wouldn’t condemn him for? For goodness sake, he gave 77% of his income to charity, and that’s BAD?!? What is the “good” amount to give?!?!?!?
    What is wrong with you people? Stuff like this is why people don’t want to listen to you on other things (where there might beee a point). If giving 77% of his income to charity is “evil”, “corrupt”, “REPREHENSIBLE”, and in ned of a “perp-walk”, then we need more people that you call “evil”, not less.
    In other words, this just shows that you’re over-flowing with venom towards the guy (and the rest of the current administration). Being hyper-partisan is not a useful way to convince people that you are rational, OK?

  181. Ravenwood Avatar

    So donating 77% of your income to charity is “classless, greedy, and ignorant”?

  182. Ravenwood Avatar

    So donating 77% of your income to charity is “classless, greedy, and ignorant”?

  183. David McMillan Avatar
    David McMillan

    I’m missing something here. The deduction was available to all taxpayers. According to the same report, he donated over 75% of his 2005 income to charity, and still paid over $2,000,000 in income tax. (if I remember correctly). Yes he had a refund of something like 1.7 million. That means that he paid in too much during the year. I may not like everything politicians do, but please don’t let hatred get in the way of intellengence. There are plenty of real reasons to complain. I’d be more upset with Mr. Gore only contributing $300.

  184. David McMillan Avatar
    David McMillan

    I’m missing something here. The deduction was available to all taxpayers. According to the same report, he donated over 75% of his 2005 income to charity, and still paid over $2,000,000 in income tax. (if I remember correctly). Yes he had a refund of something like 1.7 million. That means that he paid in too much during the year. I may not like everything politicians do, but please don’t let hatred get in the way of intellengence. There are plenty of real reasons to complain. I’d be more upset with Mr. Gore only contributing $300.

  185. Bob Avatar
    Bob

    Get a life people. This bill passed the House with almost a unanimous majority and you want to blame the Administration for it? Pretty sad when you decide to hate someone for giving TOO MUCH to charity.

  186. Bob Avatar
    Bob

    Get a life people. This bill passed the House with almost a unanimous majority and you want to blame the Administration for it? Pretty sad when you decide to hate someone for giving TOO MUCH to charity.

  187. jcrue Avatar
    jcrue

    And here I thought the term ‘Moonbat’ could not be applied to any one group but I think I found that group – right here.
    It sure says a lot about a person who cannot praise another for giving this much money to charity and still be castigated for it among other things. Blind hatred sure is an ugly emotion.
    Bush Derangement Syndrome sure makes the sufferer look like a whiney little child.

  188. jcrue Avatar
    jcrue

    And here I thought the term ‘Moonbat’ could not be applied to any one group but I think I found that group – right here.
    It sure says a lot about a person who cannot praise another for giving this much money to charity and still be castigated for it among other things. Blind hatred sure is an ugly emotion.
    Bush Derangement Syndrome sure makes the sufferer look like a whiney little child.

  189. cp Avatar
    cp

    The tax law was written this way so that people wouldn’t divert their charitable contributions away from all the other non-Katrina related charities out there. This was a protective measure, not a loophole, so that the local homeless shelter in San Francisco wouldn’t have a budget shortfall because people were donating only to Katrina relief. Net charitable contributions to charities last year were way up, in part because of the increased incentive.

  190. cp Avatar
    cp

    The tax law was written this way so that people wouldn’t divert their charitable contributions away from all the other non-Katrina related charities out there. This was a protective measure, not a loophole, so that the local homeless shelter in San Francisco wouldn’t have a budget shortfall because people were donating only to Katrina relief. Net charitable contributions to charities last year were way up, in part because of the increased incentive.

  191. Reggie Thornton Avatar
    Reggie Thornton

    I guess you’re using that “new math”.
    The old way of calculating numbers says that Cheney would have kept a good chunk of the money after tax, had he not donated it.
    One of us is retarded, and I’m pretty sure it’s not me.

  192. Reggie Thornton Avatar
    Reggie Thornton

    I guess you’re using that “new math”.
    The old way of calculating numbers says that Cheney would have kept a good chunk of the money after tax, had he not donated it.
    One of us is retarded, and I’m pretty sure it’s not me.

  193. Tony Avatar
    Tony

    WOW! You people need to stay away from sharp objects and high cliffs so you don’t hurt yourselves, or worse!!!

  194. Tony Avatar
    Tony

    WOW! You people need to stay away from sharp objects and high cliffs so you don’t hurt yourselves, or worse!!!

  195. Fred Avatar
    Fred

    Where’s the crime? What greed? You’re complaining that a man gave 77% of his income away! We should all be so greedy.

  196. Fred Avatar
    Fred

    Where’s the crime? What greed? You’re complaining that a man gave 77% of his income away! We should all be so greedy.

  197. Thomas Jackson Avatar
    Thomas Jackson

    Are all the readers here crazy or just democrats? I see many accusations of criminality; evil doing; etc yet the author points out no wrong doing. I wonder what these same readers said about a certain president who was disbarred for his conductr in front of grand juries. One suspects that facts never enetered into their consideration there either.

  198. Thomas Jackson Avatar
    Thomas Jackson

    Are all the readers here crazy or just democrats? I see many accusations of criminality; evil doing; etc yet the author points out no wrong doing. I wonder what these same readers said about a certain president who was disbarred for his conductr in front of grand juries. One suspects that facts never enetered into their consideration there either.

  199. Bob Avatar
    Bob

    So VP Cheney is guilty of criminal generosity, you say. Excuse me if my outrage is a little underwelming.

  200. Bob Avatar
    Bob

    So VP Cheney is guilty of criminal generosity, you say. Excuse me if my outrage is a little underwelming.

  201. joey Avatar

    Typical irrational leftist moonbats. Al Gore donated $300.00 to charity. The Clintons donated their soiled underpants and claimed that on their taxes. Cheney donates $6,869,655.00 to charity and you idiots are foaming at the mouth and filled with rage.
    It’s fun to watch. I’m putting my money into anti-psychotic manufacturers. I’m selling the Halliburton!

  202. joey Avatar

    Typical irrational leftist moonbats. Al Gore donated $300.00 to charity. The Clintons donated their soiled underpants and claimed that on their taxes. Cheney donates $6,869,655.00 to charity and you idiots are foaming at the mouth and filled with rage.
    It’s fun to watch. I’m putting my money into anti-psychotic manufacturers. I’m selling the Halliburton!

  203. joey Avatar

    AND how come Halliburton and Shaw have made millions already “rebuilding” New Orleans?
    http://www.lademo.org/index.php?display=ShowPage&i=329508&pid=329508
    J. M. Bernhard, Jr. is the Founder, Chairman and Chief Executive Officer of The Shaw Group Inc., a Fortune 500 company offering a broad range of services to the power, process, environmental, infrastructure and emergency response markets.
    An active participant in many civic and philanthropic endeavors, Mr. Bernhard was recently selected as Chairman of the Louisiana Democratic Party.

  204. joey Avatar

    AND how come Halliburton and Shaw have made millions already “rebuilding” New Orleans?
    http://www.lademo.org/index.php?display=ShowPage&i=329508&pid=329508
    J. M. Bernhard, Jr. is the Founder, Chairman and Chief Executive Officer of The Shaw Group Inc., a Fortune 500 company offering a broad range of services to the power, process, environmental, infrastructure and emergency response markets.
    An active participant in many civic and philanthropic endeavors, Mr. Bernhard was recently selected as Chairman of the Louisiana Democratic Party.

  205. D. Michaels Avatar
    D. Michaels

    Let me get this straight….you want this guy put in jail because he is giving too much of his money away? American schools must be failing. Some of you can’t even think rationally!

  206. D. Michaels Avatar
    D. Michaels

    Let me get this straight….you want this guy put in jail because he is giving too much of his money away? American schools must be failing. Some of you can’t even think rationally!

  207. doug Danhoff Avatar
    doug Danhoff

    Listen to yourselves…you are so steeped in unthinking hatred that you are condeming a man for giving away 75% of his income last year to charity….does it even matter what charity? I challange those of you who are so upset to do the same.

  208. doug Danhoff Avatar
    doug Danhoff

    Listen to yourselves…you are so steeped in unthinking hatred that you are condeming a man for giving away 75% of his income last year to charity….does it even matter what charity? I challange those of you who are so upset to do the same.

  209. Omega Avatar
    Omega

    F***ing leftist twits. He’s so generous he belongs in prison? You people are absolutely pathetic. Seriously.
    What would you do if he didn’t donate a dime? Call him greedy and demand he be led out in handcuffs? You leftist, Socialist moonbats are moronic and your petty jealousies are laughable.
    Feel free to go play with yourselves, including the loonie directly above me. We’re killing TERRORISTS who want to kill you. You want Saddam back, and the torture chambers and the death squads? Kiss my black a$$, you ignorant twazzle.

  210. Omega Avatar
    Omega

    F***ing leftist twits. He’s so generous he belongs in prison? You people are absolutely pathetic. Seriously.
    What would you do if he didn’t donate a dime? Call him greedy and demand he be led out in handcuffs? You leftist, Socialist moonbats are moronic and your petty jealousies are laughable.
    Feel free to go play with yourselves, including the loonie directly above me. We’re killing TERRORISTS who want to kill you. You want Saddam back, and the torture chambers and the death squads? Kiss my black a$$, you ignorant twazzle.

  211. Pete Avatar
    Pete

    This is really sick! You people are BITCHING about somebody giving $6.8 Million dollars to help people who need help. YOU need help. I bet that most of you complained that this administration didn’t do enough about Katrina; now you complain that they are giving too much of their own. How much did your precious Bill Clinton give? How about Ted Kennedy?
    BTW:
    OVERTAXED, Agitated only has 1 “g”, and wuss has 2 “s”‘s
    TALLMOM, congress passed this bill, not the VP
    VANNA, Clinton was impeached, and managed to pardon quite a few real criminals just before his term was over.
    PAUL and GINGER, Bye!
    Do you people really have any original thoughts, I noticed that most of these entries were copies.
    I noticed more misspellings, but I tire of you now.

  212. Pete Avatar
    Pete

    This is really sick! You people are BITCHING about somebody giving $6.8 Million dollars to help people who need help. YOU need help. I bet that most of you complained that this administration didn’t do enough about Katrina; now you complain that they are giving too much of their own. How much did your precious Bill Clinton give? How about Ted Kennedy?
    BTW:
    OVERTAXED, Agitated only has 1 “g”, and wuss has 2 “s”‘s
    TALLMOM, congress passed this bill, not the VP
    VANNA, Clinton was impeached, and managed to pardon quite a few real criminals just before his term was over.
    PAUL and GINGER, Bye!
    Do you people really have any original thoughts, I noticed that most of these entries were copies.
    I noticed more misspellings, but I tire of you now.

  213. ginger-hater Avatar
    ginger-hater

    so, the VP takes advantage of the same tax loop-holes available to EVERYONE else, and the haters (ie liberals) stampede again?
    does anyone get the point that $2.3 million (that’s millions with an M) made its way to charity? stop b*tching and moaning and piling on useless phrases from your other hate filled articles (haliburton, iraq war, hunting accident, etc) and think about it…$2.3 million went to charities.
    talk about looking a gift horse in the mouth! haters!

  214. ginger-hater Avatar
    ginger-hater

    so, the VP takes advantage of the same tax loop-holes available to EVERYONE else, and the haters (ie liberals) stampede again?
    does anyone get the point that $2.3 million (that’s millions with an M) made its way to charity? stop b*tching and moaning and piling on useless phrases from your other hate filled articles (haliburton, iraq war, hunting accident, etc) and think about it…$2.3 million went to charities.
    talk about looking a gift horse in the mouth! haters!

  215. rand Avatar
    rand

    outrageous

  216. rand Avatar
    rand

    outrageous

  217. randf Avatar
    randf

    crazy

  218. randf Avatar
    randf

    crazy

  219. Steve-O Avatar
    Steve-O

    Come on, you think giving millions of bucks to charity is evidence of his dishonesty?
    If I ever thought he was sleazy, this act, and the resulting uproar from those who *claim* to be liberal has set me straight.
    G-d bless him. Now I know why he can sleep at night.

  220. Steve-O Avatar
    Steve-O

    Come on, you think giving millions of bucks to charity is evidence of his dishonesty?
    If I ever thought he was sleazy, this act, and the resulting uproar from those who *claim* to be liberal has set me straight.
    G-d bless him. Now I know why he can sleep at night.

  221. walker Avatar
    walker

    It’s quite amazing that you people possess such hatred and venom for Cheney that you could find such fault for being too generous and philanthropic. Incredibly vapid, but very typical.

  222. walker Avatar
    walker

    It’s quite amazing that you people possess such hatred and venom for Cheney that you could find such fault for being too generous and philanthropic. Incredibly vapid, but very typical.

  223. keypusher Avatar
    keypusher

    The three charities that received the money are named in the press release, which most of the posters don’t seem to have read.
    “In a press release of March 5, 2001, the Cheneys reported that they had established the Gift Administration Agreement on January 18, 2001 to donate all net after tax proceeds from various stock options that the Vice President had earned at Halliburton and for their service on the boards of directors of other companies to three designated charities–George Washington University Medical Faculty Associates, Inc. for the benefit of the Cardiothoracic Institute, the University of Wyoming for the benefit of the University of Wyoming Foundation, and Capital Partners for Education for the benefit of low-income high school students in the Washington, D.C. area. By entering into the Gift Administration Agreement the Cheneys divested themselves of the economic benefit of the options and granted the gift administrator full discretion, power and control over the options. The Agreement directed the gift administrator to maximize the gifts to the three charities while avoiding financial or after tax benefit or detriment to the Cheneys.”
    Could someone tell me why what Cheney did is wrong? It seems admirable to me.

  224. keypusher Avatar
    keypusher

    The three charities that received the money are named in the press release, which most of the posters don’t seem to have read.
    “In a press release of March 5, 2001, the Cheneys reported that they had established the Gift Administration Agreement on January 18, 2001 to donate all net after tax proceeds from various stock options that the Vice President had earned at Halliburton and for their service on the boards of directors of other companies to three designated charities–George Washington University Medical Faculty Associates, Inc. for the benefit of the Cardiothoracic Institute, the University of Wyoming for the benefit of the University of Wyoming Foundation, and Capital Partners for Education for the benefit of low-income high school students in the Washington, D.C. area. By entering into the Gift Administration Agreement the Cheneys divested themselves of the economic benefit of the options and granted the gift administrator full discretion, power and control over the options. The Agreement directed the gift administrator to maximize the gifts to the three charities while avoiding financial or after tax benefit or detriment to the Cheneys.”
    Could someone tell me why what Cheney did is wrong? It seems admirable to me.

  225. Brainster's Blog Avatar

    Buffoonish Post (And Comments) of the Day

    Yeah, that nasty Dick Cheney, donating too much of his money to charity! He should be more like Al Gore, who donated $353 one year IIRC.

  226. Brainster's Blog Avatar

    Buffoonish Post (And Comments) of the Day

    Yeah, that nasty Dick Cheney, donating too much of his money to charity! He should be more like Al Gore, who donated $353 one year IIRC.

  227. Alan Grey Avatar

    This guy should be lynched! I mean…How DARE he give 77% of his annual gross income to charity…The bastard!!!

  228. Alan Grey Avatar

    This guy should be lynched! I mean…How DARE he give 77% of his annual gross income to charity…The bastard!!!

  229. Mako Avatar
    Mako

    How dare Vice President Cheney donate 77% of his personal income to charity! I’m horrified! That $6.8 million could have been spent on personal investments or a handful of new yachts. But instead he gave it to CHARITY?!?!
    This man is obviously a menace and should be reprimanded for his generosity! In protest, I think we should all withhold any charitable donations for the next year. Generosity should be punished, not rewarded.
    I’m just so sick with misery over how somebody we all know is the devil incarnate could have done something so disgusting as to have given almost $7 Million to worthy causes.
    String him up! Impeachment! Anything, just stop the generosity of this man!!!

  230. Mako Avatar
    Mako

    How dare Vice President Cheney donate 77% of his personal income to charity! I’m horrified! That $6.8 million could have been spent on personal investments or a handful of new yachts. But instead he gave it to CHARITY?!?!
    This man is obviously a menace and should be reprimanded for his generosity! In protest, I think we should all withhold any charitable donations for the next year. Generosity should be punished, not rewarded.
    I’m just so sick with misery over how somebody we all know is the devil incarnate could have done something so disgusting as to have given almost $7 Million to worthy causes.
    String him up! Impeachment! Anything, just stop the generosity of this man!!!

  231. Buddhist Neocon Avatar
    Buddhist Neocon

    I can’t beleive he could be so greedy. Of course, greed is not a crime any more than it is limited to a single party.
    I say we should demand that he take back the extra 27% he gave. Surely he could have invested that money.
    Oh the shame!!!!

  232. Buddhist Neocon Avatar
    Buddhist Neocon

    I can’t beleive he could be so greedy. Of course, greed is not a crime any more than it is limited to a single party.
    I say we should demand that he take back the extra 27% he gave. Surely he could have invested that money.
    Oh the shame!!!!

  233. J Avatar
    J

    This is commical. The hate mongers here are irrational. He donated money and your complaining because he doesn’t have to pay taxes on the amount greater than 50% of his AGI? How many of you didn’t take your 2005 Federal income tax return, or returned it, because you feel like you’re paying too little in taxes. The answer…none of you. You’re crazy if you pay more taxes than need be. No…not crazy but dumb.

  234. J Avatar
    J

    This is commical. The hate mongers here are irrational. He donated money and your complaining because he doesn’t have to pay taxes on the amount greater than 50% of his AGI? How many of you didn’t take your 2005 Federal income tax return, or returned it, because you feel like you’re paying too little in taxes. The answer…none of you. You’re crazy if you pay more taxes than need be. No…not crazy but dumb.

  235. Blue State Conservative Avatar
    Blue State Conservative

    It’s people like you that made me stop voting for Democrats. As soon as that party decides to rejoin the civil debate in this country, it’ll take me twice as long to fill out my ballot.

  236. Blue State Conservative Avatar
    Blue State Conservative

    It’s people like you that made me stop voting for Democrats. As soon as that party decides to rejoin the civil debate in this country, it’ll take me twice as long to fill out my ballot.

  237. mikem Avatar
    mikem

    He gave only 77% of his income to charity?? Disgusting selfish prick!!!

  238. mikem Avatar
    mikem

    He gave only 77% of his income to charity?? Disgusting selfish prick!!!

  239. Atrios Avatar
    Atrios

    Boone Pickens donated to OSU’s sports programs in general, not golf. The reinvested funds do not earn Pickens any fees (he waived them), and have increased significantly since the donation because of strong returns. Sure, he got a tax deduction, but he would have been better off personally if he had simply kept the money and paid the taxes. This is “disgusting?”
    You’re certifiably nuts, completely consumed by hate and envy. I suppose you’d rather burn Pickens’ wealth than have it benefit others in a way not of your choosing.
    Oh, and separately from the $165MM donation, Pickens was also the single most generous individual donor to Katrina relief in 2005. What did George Soros or Theresa Heinz do?

  240. Atrios Avatar
    Atrios

    Boone Pickens donated to OSU’s sports programs in general, not golf. The reinvested funds do not earn Pickens any fees (he waived them), and have increased significantly since the donation because of strong returns. Sure, he got a tax deduction, but he would have been better off personally if he had simply kept the money and paid the taxes. This is “disgusting?”
    You’re certifiably nuts, completely consumed by hate and envy. I suppose you’d rather burn Pickens’ wealth than have it benefit others in a way not of your choosing.
    Oh, and separately from the $165MM donation, Pickens was also the single most generous individual donor to Katrina relief in 2005. What did George Soros or Theresa Heinz do?

  241. Kelly Prestige Avatar
    Kelly Prestige

    You have got to be kidding me. You are criminalizing the VP for being..what? Too generous?
    He needs to go to jail because he gave too much money to charity?
    He needs a perp walk because he upped his charitable contribution by 22%?
    He didn’t keep the money – it went to CHARITY!!!
    Could someone please explain to me how giving money to CHARITY constitutes a crime? And, please, don’t let logic get in the way of your reasoning.

  242. Kelly Prestige Avatar
    Kelly Prestige

    You have got to be kidding me. You are criminalizing the VP for being..what? Too generous?
    He needs to go to jail because he gave too much money to charity?
    He needs a perp walk because he upped his charitable contribution by 22%?
    He didn’t keep the money – it went to CHARITY!!!
    Could someone please explain to me how giving money to CHARITY constitutes a crime? And, please, don’t let logic get in the way of your reasoning.

  243. Demosthenes Avatar
    Demosthenes

    What a collection of moronic, elitist comments (oh, that stupid electorate) about a LEGAL tax deduction for charitable gifts that fuly complies with the rules. It’s really a close call as to whether the loony left is becoming actually dumber by the day or just more unhinged. If I want stupid, I’ll read democraticunderground, but tois place may be funnier.

  244. Demosthenes Avatar
    Demosthenes

    What a collection of moronic, elitist comments (oh, that stupid electorate) about a LEGAL tax deduction for charitable gifts that fuly complies with the rules. It’s really a close call as to whether the loony left is becoming actually dumber by the day or just more unhinged. If I want stupid, I’ll read democraticunderground, but tois place may be funnier.

  245. Ron Avatar
    Ron

    So the VP gave away 77% of his income and does not have to pay the income tax on that 77%…err…how is this bad?

  246. Ron Avatar
    Ron

    So the VP gave away 77% of his income and does not have to pay the income tax on that 77%…err…how is this bad?

  247. cubanbob Avatar
    cubanbob

    Amazing! The man GAVE away 77% of his earnings! He could have kept the money and paid the taxes and still have more left over than than what he gave away! Only a lefty or an idiot would complain, but then again I repeat myself. How many of those commenter’s damming Cheney actually gave anything to a charity? 5%? 1%? Did Teddy Kennedy give 77%? Did George Soros? Barbara Streisand? Lets eliminate all tax deductions and tax exempt status. Let everyone and every entity pay. And let’s eliminate the secret ballot and tax people on how they vote. The more left you vote the more you pay. Put your money where your mouth is. Let’s see how strong your convictions are when you have to pay for them with your money instead of other people’s money.

  248. cubanbob Avatar
    cubanbob

    Amazing! The man GAVE away 77% of his earnings! He could have kept the money and paid the taxes and still have more left over than than what he gave away! Only a lefty or an idiot would complain, but then again I repeat myself. How many of those commenter’s damming Cheney actually gave anything to a charity? 5%? 1%? Did Teddy Kennedy give 77%? Did George Soros? Barbara Streisand? Lets eliminate all tax deductions and tax exempt status. Let everyone and every entity pay. And let’s eliminate the secret ballot and tax people on how they vote. The more left you vote the more you pay. Put your money where your mouth is. Let’s see how strong your convictions are when you have to pay for them with your money instead of other people’s money.

  249. TheProudDuck Avatar

    “The [Gift Administration] Agreement directed the gift administrator to maximize the gifts to the three charities while avoiding financial or after tax benefit or detriment to the Cheneys.”
    In other words, the Cheneys’ charitable gifts were worked out by the gift administrator (almost certainly after consulting with competent tax attorneys), according to the provisions of the agreement by which they were retained. Had the administrator failed to take the full available deduction, he would most likely have opened himself up to professional malpractice liability.
    There is absolutely nothing improper here, any more than it is improper for a Democrat who favors higher taxes to decline to pay a 50% rate when the law only requires 35%.

  250. TheProudDuck Avatar

    “The [Gift Administration] Agreement directed the gift administrator to maximize the gifts to the three charities while avoiding financial or after tax benefit or detriment to the Cheneys.”
    In other words, the Cheneys’ charitable gifts were worked out by the gift administrator (almost certainly after consulting with competent tax attorneys), according to the provisions of the agreement by which they were retained. Had the administrator failed to take the full available deduction, he would most likely have opened himself up to professional malpractice liability.
    There is absolutely nothing improper here, any more than it is improper for a Democrat who favors higher taxes to decline to pay a 50% rate when the law only requires 35%.

  251. ImWithStupid Avatar
    ImWithStupid

    Someone complained that Cheney promised not to take a deduction on his contributions and then pointed to an article that said he would donate the AFTER-TAX value of the otions. For this we pay billions for a public school system.
    Just so you can understand, he took advantage of the current law so that a LARGER amount would go to charity rather than the federal Government. What kind of person complains that someone is too generous?

  252. ImWithStupid Avatar
    ImWithStupid

    Someone complained that Cheney promised not to take a deduction on his contributions and then pointed to an article that said he would donate the AFTER-TAX value of the otions. For this we pay billions for a public school system.
    Just so you can understand, he took advantage of the current law so that a LARGER amount would go to charity rather than the federal Government. What kind of person complains that someone is too generous?

  253. Larry Avatar
    Larry

    What is wrong with you people? You’re complaining because a man donated more money than would normally be deductable because of a change in the tax law? And you’re complaining because it didn’t go to the “right” charities? Moonbats!

  254. Larry Avatar
    Larry

    What is wrong with you people? You’re complaining because a man donated more money than would normally be deductable because of a change in the tax law? And you’re complaining because it didn’t go to the “right” charities? Moonbats!

  255. dC in fly over country Avatar
    dC in fly over country

    This kind of blind hatred is just the P/R that will help keep the House/Senate/White House in the capable hands of the Republicans.
    I’m not happy with many issues that the repub’s are ignoring, but the alternative is just too frightning to contemplate.
    Still waiting for sanity to return to the public forum.

  256. dC in fly over country Avatar
    dC in fly over country

    This kind of blind hatred is just the P/R that will help keep the House/Senate/White House in the capable hands of the Republicans.
    I’m not happy with many issues that the repub’s are ignoring, but the alternative is just too frightning to contemplate.
    Still waiting for sanity to return to the public forum.

  257. davemeister Avatar
    davemeister

    STORM THE BASTILLE! BRING OUT THE GUILLOTINE! I THINK CHENEY SHOULD BE FORCED TAKE THE MONEY BACK FROM THE CHARITIES!
    Oh how underwhelming this is.

  258. davemeister Avatar
    davemeister

    STORM THE BASTILLE! BRING OUT THE GUILLOTINE! I THINK CHENEY SHOULD BE FORCED TAKE THE MONEY BACK FROM THE CHARITIES!
    Oh how underwhelming this is.

  259. BrooklynJon Avatar
    BrooklynJon

    Burn him anyway!
    /paraphrasing Monte Python

  260. BrooklynJon Avatar
    BrooklynJon

    Burn him anyway!
    /paraphrasing Monte Python

  261. Oldtimer Avatar
    Oldtimer

    You have an impressive background for someone apparently stupid enough to believe: (1) that it is better to give away a couple of million than to keep it, simply because you receive a tax deduction, and (2) it is an unfair, “substantial benefit” to be allowed to give away even more in one particular year than the previous or next. I guess it would be true if the tax rate was greater than 100%, but then one would have no income to give away would one?

  262. Oldtimer Avatar
    Oldtimer

    You have an impressive background for someone apparently stupid enough to believe: (1) that it is better to give away a couple of million than to keep it, simply because you receive a tax deduction, and (2) it is an unfair, “substantial benefit” to be allowed to give away even more in one particular year than the previous or next. I guess it would be true if the tax rate was greater than 100%, but then one would have no income to give away would one?

  263. The League of Nowhere Avatar

    Just one small example

    For anyone who saw the press releases last week and wondered just how Cheney managed to do so well with his tax return
    Apparently it was creative usage of the administrations Hurricane Katrina tax relief act: Cheney claimed $6.8 milli…

  264. The League of Nowhere Avatar

    Just one small example

    For anyone who saw the press releases last week and wondered just how Cheney managed to do so well with his tax return
    Apparently it was creative usage of the administrations Hurricane Katrina tax relief act: Cheney claimed $6.8 milli…

  265. The League of Nowhere Avatar

    Just one small example

    For anyone who saw the press releases last week and wondered just how Cheney managed to do so well with his tax return
    Apparently it was creative usage of the administrations Hurricane Katrina tax relief act: Cheney claimed $6.8 milli…

  266. The League of Nowhere Avatar

    Just one small example

    For anyone who saw the press releases last week and wondered just how Cheney managed to do so well with his tax return
    Apparently it was creative usage of the administrations Hurricane Katrina tax relief act: Cheney claimed $6.8 milli…

  267. Will Avatar
    Will

    naturally these boneheads prefer the likes of Bill Clinton and John Kerry who only give to charity in years in which they are up for re-election.
    So accustomed to the institutionalized corruption and dishonesty of the Democratic party, they go stark raving mad when they encounter demonstrably good, honest politicians like Dick Cheney and George W Bush.

  268. Will Avatar
    Will

    naturally these boneheads prefer the likes of Bill Clinton and John Kerry who only give to charity in years in which they are up for re-election.
    So accustomed to the institutionalized corruption and dishonesty of the Democratic party, they go stark raving mad when they encounter demonstrably good, honest politicians like Dick Cheney and George W Bush.

  269. Andrew Avatar

    Maybe it’s time to think about reforming the federal income tax’s charitable deduction? http://www.taxfoundation.org/news/show/1191.html

  270. Andrew Avatar

    Maybe it’s time to think about reforming the federal income tax’s charitable deduction? http://www.taxfoundation.org/news/show/1191.html

  271. yohon Avatar
    yohon

    haha. you guys are so foolish you made the best of the webb. congrats!

  272. yohon Avatar
    yohon

    haha. you guys are so foolish you made the best of the webb. congrats!

  273. Kevin Avatar
    Kevin

    Are you people serious? Let me see if I can get your hatred straight.
    You wanted Cheney to KEEP his money rather than give it to charities, so that he could do what? You want him to pay the government taxes on the difference of what he would have been able to claim in previous tax years and what he did claim this year? Regardless of who benefited from the tax law change, isn’t the most important thing the fact that a person gave more than he normally might have to a charity to help those in need?
    I would be willing to bet that this is the very reason for the change in the law!
    Everyone, including those posting comments here, practice tax avoidance in one way or another, every day. Why should that be a bad thing? I detest paying the government a dime, as do a lot of people.
    It is ridiculous for us to worry about his motives for giving to charities (whatever charities they are).

  274. Kevin Avatar
    Kevin

    Are you people serious? Let me see if I can get your hatred straight.
    You wanted Cheney to KEEP his money rather than give it to charities, so that he could do what? You want him to pay the government taxes on the difference of what he would have been able to claim in previous tax years and what he did claim this year? Regardless of who benefited from the tax law change, isn’t the most important thing the fact that a person gave more than he normally might have to a charity to help those in need?
    I would be willing to bet that this is the very reason for the change in the law!
    Everyone, including those posting comments here, practice tax avoidance in one way or another, every day. Why should that be a bad thing? I detest paying the government a dime, as do a lot of people.
    It is ridiculous for us to worry about his motives for giving to charities (whatever charities they are).

  275. dman Avatar
    dman

    Gee! If only he had donated his underwear, I would not have felt so outraged!!!

  276. dman Avatar
    dman

    Gee! If only he had donated his underwear, I would not have felt so outraged!!!

  277. FUGWB Avatar

    Yeah Dick’s a real champ taking advantage of a tax right off for Katrina aid yet none of it went to Katrina victims. What a DICKHEAD!
    IMPEACH THIS PEICE OF SHIT AND HIS CORRUPT POSSE!
    Charities can do without blood money!

  278. FUGWB Avatar

    Yeah Dick’s a real champ taking advantage of a tax right off for Katrina aid yet none of it went to Katrina victims. What a DICKHEAD!
    IMPEACH THIS PEICE OF SHIT AND HIS CORRUPT POSSE!
    Charities can do without blood money!

  279. Roth & Company, P.C. Avatar

    THE CHENEY RETURN: AN INTRODUCTION TO DEDUCTIONS

    The TaxProf on Monday noted that Vice-President Cheney took an extra-large charitable contribution deduction on his 2005 return. The big…

  280. Roth & Company, P.C. Avatar

    THE CHENEY RETURN: AN INTRODUCTION TO DEDUCTIONS

    The TaxProf on Monday noted that Vice-President Cheney took an extra-large charitable contribution deduction on his 2005 return. The big…

  281. Dan Avatar
    Dan

    Now, I hate Dick Cheney as much as the next guy. But I hope the critics on this thread realize you sound just like the right wing from the 1990s blithering about how much they hated Bill Clinton.
    Grow up!

  282. Dan Avatar
    Dan

    Now, I hate Dick Cheney as much as the next guy. But I hope the critics on this thread realize you sound just like the right wing from the 1990s blithering about how much they hated Bill Clinton.
    Grow up!

  283. AntiNWO Avatar
    AntiNWO

    You people need to open your eyes and see that the whole left-wing, right-wing, bipartisan bullshit is all a front to give the illusion of choice where there is none. The new world order is becoming more and more prominent and their agenda will be forwarded no matter who is president. Someone earlier said that it’s our fault because we, the people, elected Bush twice but that is not exactly correct. Bush was selected for president long before any ballots were cast as was much more evident in the latter Bush “election”. Just as Bush said numerous times on camera … “..I’m not gonna lose (the election)” … “..you can write it down, bet on it (about being elected)”. A lot of people are now waking up to just the edge of what is an all encompassing tyranny that will, if we don’t stop it, change the world forever…and not for the good of all either. Hitler was nothing compared to these guys, if anything he was a prophet for the clandestine nature of what was to come.

  284. AntiNWO Avatar
    AntiNWO

    You people need to open your eyes and see that the whole left-wing, right-wing, bipartisan bullshit is all a front to give the illusion of choice where there is none. The new world order is becoming more and more prominent and their agenda will be forwarded no matter who is president. Someone earlier said that it’s our fault because we, the people, elected Bush twice but that is not exactly correct. Bush was selected for president long before any ballots were cast as was much more evident in the latter Bush “election”. Just as Bush said numerous times on camera … “..I’m not gonna lose (the election)” … “..you can write it down, bet on it (about being elected)”. A lot of people are now waking up to just the edge of what is an all encompassing tyranny that will, if we don’t stop it, change the world forever…and not for the good of all either. Hitler was nothing compared to these guys, if anything he was a prophet for the clandestine nature of what was to come.

  285. impeachw Avatar
    impeachw

    So he took a tax deduction ok thats not so bad, so did I. What takes the cake for me is he should not be enriching himself with Halliburton money ie., getting rich off the deaths of our kids get it cheney? you are benefitting on the deaths of OUR kids. Secondly, the money didn’t go for Katrina charities anyway so therefore he shouldn’t get the 100% benefit of his tax deduction, get it cheney? you’re stealing from Katrina victims get it? aw ya filthy pig!

  286. impeachw Avatar
    impeachw

    So he took a tax deduction ok thats not so bad, so did I. What takes the cake for me is he should not be enriching himself with Halliburton money ie., getting rich off the deaths of our kids get it cheney? you are benefitting on the deaths of OUR kids. Secondly, the money didn’t go for Katrina charities anyway so therefore he shouldn’t get the 100% benefit of his tax deduction, get it cheney? you’re stealing from Katrina victims get it? aw ya filthy pig!

  287. Dick's Financial Planner Avatar
    Dick’s Financial Planner

    He donated funds he had previously guaranteed to donate. Therefore, the new tax law that His Administration set up did help him financially. He would have had to donate the money eventually, but he utilized the law to avoid paying a lot of taxes in the current year (deferral of taxes a very important idea in the world of wealth management). If Cheney had pushed the tax change into effect thinking of his personal benefit and not the good of Americans, especially Katrina victims, then Cheney would be the villian. Otherwise, there is no story here (except if the charities are corrupt, but that’s a whole other question).

  288. Dick's Financial Planner Avatar
    Dick’s Financial Planner

    He donated funds he had previously guaranteed to donate. Therefore, the new tax law that His Administration set up did help him financially. He would have had to donate the money eventually, but he utilized the law to avoid paying a lot of taxes in the current year (deferral of taxes a very important idea in the world of wealth management). If Cheney had pushed the tax change into effect thinking of his personal benefit and not the good of Americans, especially Katrina victims, then Cheney would be the villian. Otherwise, there is no story here (except if the charities are corrupt, but that’s a whole other question).

  289. Everette Avatar
    Everette

    Mr. Cheney said,with his dollars,that he trusts people outside of government more than those inside of government to spend those dollars wisely. He doesn’t trust those in power, and neither do you. You have something in common with Vice President Cheney! How do you feel about hunting?

  290. Everette Avatar
    Everette

    Mr. Cheney said,with his dollars,that he trusts people outside of government more than those inside of government to spend those dollars wisely. He doesn’t trust those in power, and neither do you. You have something in common with Vice President Cheney! How do you feel about hunting?

  291. Nan Avatar
    Nan

    The issue isn’t the deduction – it’s legal under the statute as passed. The issues are: what portion of the options granted are based on current profits on no-bid contracts related to Iraq “reconstruction”; when were those stock options set to expire; and were representatives privy to the terms of those stock options when they drafted the new law and used Katrina is the Bill’s name? I don’t know the answers to those questions; maybe someone else does?

  292. Nan Avatar
    Nan

    The issue isn’t the deduction – it’s legal under the statute as passed. The issues are: what portion of the options granted are based on current profits on no-bid contracts related to Iraq “reconstruction”; when were those stock options set to expire; and were representatives privy to the terms of those stock options when they drafted the new law and used Katrina is the Bill’s name? I don’t know the answers to those questions; maybe someone else does?

  293. amazed Avatar
    amazed

    Just goes to show, when you’re filled with blind hatred for a man you see evil in everything he does and the facts be damned.

  294. amazed Avatar
    amazed

    Just goes to show, when you’re filled with blind hatred for a man you see evil in everything he does and the facts be damned.

  295. VWHenry Avatar

    The original posting by the ‘professor’ displays typical ivory tower academic arrogance and pseudo-moral superiority, but it’s also an amazing demonstration of ignorance about the tax law in which he professes expertise. What I think is scandalous is that relatively few gifts were made during the Katrina window of opportunity, due mostly to the professional and charitable communities’ inability to understand and get the message out to their clients and donors. The Cheneys certainly displayed admirable philanthropy by making a generous gift; too bad other high profile taxpayers didn’t follow suit and allow their wealth to be passed on to their communities. The only benefits accrued to the charities; you can not make money by giving it away.
    Based on contributions to date, about 2% of US philanthropy was directed to Katrina/Rita recovery and relief efforts; this still leaves 98% of the charitable community out there with their important missions that require funding and support.

  296. VWHenry Avatar

    The original posting by the ‘professor’ displays typical ivory tower academic arrogance and pseudo-moral superiority, but it’s also an amazing demonstration of ignorance about the tax law in which he professes expertise. What I think is scandalous is that relatively few gifts were made during the Katrina window of opportunity, due mostly to the professional and charitable communities’ inability to understand and get the message out to their clients and donors. The Cheneys certainly displayed admirable philanthropy by making a generous gift; too bad other high profile taxpayers didn’t follow suit and allow their wealth to be passed on to their communities. The only benefits accrued to the charities; you can not make money by giving it away.
    Based on contributions to date, about 2% of US philanthropy was directed to Katrina/Rita recovery and relief efforts; this still leaves 98% of the charitable community out there with their important missions that require funding and support.

  297. David Avatar
    David

    I am amazed that a tax professor at a school supported by charitable deductions and whose salary is subsidized by those same deductions would complain about anyone donating to a qualified charity. It just confirms the predispositions of acedemia (as well as many of the commentators)

  298. David Avatar
    David

    I am amazed that a tax professor at a school supported by charitable deductions and whose salary is subsidized by those same deductions would complain about anyone donating to a qualified charity. It just confirms the predispositions of acedemia (as well as many of the commentators)

  299. Robert Schwartz Avatar
    Robert Schwartz

    I thought these comments were moderated.

  300. Robert Schwartz Avatar
    Robert Schwartz

    I thought these comments were moderated.

  301. McGhee Avatar
    McGhee

    You imply that VP did something inherently immoral and corrupt in making these gifts. I think that your comments are rather foolish and self-serving. Since when does one profit financially by giving? This is a deduction…not a credit. Do you understand the difference? Apparently, most of your commentators don’t. Until the income tax rate exceeds 100%, philanthropy in any form is not financially profitable. Your comments and analysis are irrational. It’s evident that your comments serve only to advance your “off the wall” political bias. Furthermore, most of your commentators are equally irrational. Evidently they haven’t a clue. Rather than addressing the issue from a legal or rational analysis and discussion of the tax code and its ramifications, they resort to crude vilifications, personal slurs and obscenities. I wonder how much of your income, or that of your commentators, was given to any charity last year? Could it be that you, and the majority of your commentators, are ashamed by your own lack of charity and find solace only in condemning others who are more selfless than you in their generosity? You guys are always the same…so willing to talk the talk, but when it comes to walking the walk, that’s a different matter.

  302. McGhee Avatar
    McGhee

    You imply that VP did something inherently immoral and corrupt in making these gifts. I think that your comments are rather foolish and self-serving. Since when does one profit financially by giving? This is a deduction…not a credit. Do you understand the difference? Apparently, most of your commentators don’t. Until the income tax rate exceeds 100%, philanthropy in any form is not financially profitable. Your comments and analysis are irrational. It’s evident that your comments serve only to advance your “off the wall” political bias. Furthermore, most of your commentators are equally irrational. Evidently they haven’t a clue. Rather than addressing the issue from a legal or rational analysis and discussion of the tax code and its ramifications, they resort to crude vilifications, personal slurs and obscenities. I wonder how much of your income, or that of your commentators, was given to any charity last year? Could it be that you, and the majority of your commentators, are ashamed by your own lack of charity and find solace only in condemning others who are more selfless than you in their generosity? You guys are always the same…so willing to talk the talk, but when it comes to walking the walk, that’s a different matter.

  303. Jekke Avatar
    Jekke

    How dare Dick Cheney give 77% of his income to charity, then follow up by donating the tax break he gets because he donated so much? The nerve of some powerful people–giving away 3/4 of their income to those in need. Clearly, something should be done about this.

  304. Jekke Avatar
    Jekke

    How dare Dick Cheney give 77% of his income to charity, then follow up by donating the tax break he gets because he donated so much? The nerve of some powerful people–giving away 3/4 of their income to those in need. Clearly, something should be done about this.

  305. Doug Avatar

    I guess I don’t get it. Our Vice President gives away millions of dollars to help those in need and he should go to jail for it. I work for a nonprofit raising money to help those less fortunate and I think we should praise Dick and Lynn Cheney for this. They are setting a great example for others to follow.
    It seems like people are letting their personal feeling about the war, Dick Cheney and other issues get in the way. You don’t have to support anything else that Vice President Cheney or this administration has done to applaud the generosity of the Cheney’s.

  306. Doug Avatar

    I guess I don’t get it. Our Vice President gives away millions of dollars to help those in need and he should go to jail for it. I work for a nonprofit raising money to help those less fortunate and I think we should praise Dick and Lynn Cheney for this. They are setting a great example for others to follow.
    It seems like people are letting their personal feeling about the war, Dick Cheney and other issues get in the way. You don’t have to support anything else that Vice President Cheney or this administration has done to applaud the generosity of the Cheney’s.

  307. Pat Avatar
    Pat

    As a practiciing tax lawyer with 30 years of experience in the profession, I am astonished at your take on Cheny’s generosity! The Katrina legislation was a shot in the arm for the entire charitable community who collectively contributed to the aid of Katrina victims whereever they relocated. Local Northwest charities sent truckloads of food, clothing and medical items to New Orleans. So government would have done better with the tax money?

  308. Pat Avatar
    Pat

    As a practiciing tax lawyer with 30 years of experience in the profession, I am astonished at your take on Cheny’s generosity! The Katrina legislation was a shot in the arm for the entire charitable community who collectively contributed to the aid of Katrina victims whereever they relocated. Local Northwest charities sent truckloads of food, clothing and medical items to New Orleans. So government would have done better with the tax money?

  309. RSM Avatar
    RSM

    Cheney gives nearly 7 million dollars to charity and these libs want to thorw him in jail… Ninkompoops! All of you.

  310. RSM Avatar
    RSM

    Cheney gives nearly 7 million dollars to charity and these libs want to thorw him in jail… Ninkompoops! All of you.

  311. radar Avatar

    The vast majority of you people are total slobbering IDIOTS!!!!!!
    Cheney gives his money away to charity and you want him out of office and in jail? Gives more money away in one year, probably, than everybody posting to this blog gives away in their lifetimes, combined? Next time he helps a little old lady across the street, he gets the electric chair! Wow.

  312. radar Avatar

    The vast majority of you people are total slobbering IDIOTS!!!!!!
    Cheney gives his money away to charity and you want him out of office and in jail? Gives more money away in one year, probably, than everybody posting to this blog gives away in their lifetimes, combined? Next time he helps a little old lady across the street, he gets the electric chair! Wow.

  313. Tax Return Avatar

    Tax Return

    The grimmest exude a Dada adore it lies about I filed my income tax return httpincome tax return.malevka.com/ contain info about INCOME TAX R…

  314. Tax Return Avatar

    Tax Return

    The grimmest exude a Dada adore it lies about I filed my income tax return httpincome tax return.malevka.com/ contain info about INCOME TAX R…

  315. Diane Avatar
    Diane

    I have to agree that its absolutly crazy you people are complaining about his donating the majority of his income to charities , sure he gets a tax break , how many of you out there would do the same thing. Id say a safe guess is all of you. But I encourage all of you to look into the stocks that the whole administation has invested in. Some may be frozen cause of the office they hold but how many of those companies that they have stock in is going to line there pockets even more when they leave that office. Why are they giving the big business tax breaks?? Cause they are making money off of the big businesses. What it boils down to is this , NONE of them in the white house give a rats ass about us they care about how much money they can make while they are there. And I hate to say it but we put those fools in office so maybe we should shut up and take our punishment or get off our lazy asses and do something about it. We can talk and complain about it all day long but until we stand up and do something about its just like we are doing it ourselves. But check into their stocks , i think it will shock you.

  316. Diane Avatar
    Diane

    I have to agree that its absolutly crazy you people are complaining about his donating the majority of his income to charities , sure he gets a tax break , how many of you out there would do the same thing. Id say a safe guess is all of you. But I encourage all of you to look into the stocks that the whole administation has invested in. Some may be frozen cause of the office they hold but how many of those companies that they have stock in is going to line there pockets even more when they leave that office. Why are they giving the big business tax breaks?? Cause they are making money off of the big businesses. What it boils down to is this , NONE of them in the white house give a rats ass about us they care about how much money they can make while they are there. And I hate to say it but we put those fools in office so maybe we should shut up and take our punishment or get off our lazy asses and do something about it. We can talk and complain about it all day long but until we stand up and do something about its just like we are doing it ourselves. But check into their stocks , i think it will shock you.

  317. Cheats Avatar

    Cheats

    Use the “General” filter for the most comprehensive list of records.Video game cheat codes, cheats, walk throughs, FAQs, easter eggs, hin…

  318. Cheats Avatar

    Cheats

    Use the “General” filter for the most comprehensive list of records.Video game cheat codes, cheats, walk throughs, FAQs, easter eggs, hin…

  319. impeachw Avatar
    impeachw

    I’ll bet Dicky-poo made charitable donations in the spirit of ‘ol Babs Bush make a Katrina donation and earmark it to go to your son’s company, a company that will have nothing to do with helping Katrina victims but she gets the deduction on her taxes and her son gets the benefit of her millions – why not like every other parent just give the money to your son why try to make it look like your doing something to help Katrina victims ‘eh Babs?

  320. impeachw Avatar
    impeachw

    I’ll bet Dicky-poo made charitable donations in the spirit of ‘ol Babs Bush make a Katrina donation and earmark it to go to your son’s company, a company that will have nothing to do with helping Katrina victims but she gets the deduction on her taxes and her son gets the benefit of her millions – why not like every other parent just give the money to your son why try to make it look like your doing something to help Katrina victims ‘eh Babs?

  321. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  322. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  323. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  324. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  325. Tax Return Avatar

    Tax Return

    The grimmest exude a Dada adore it lies about The IRS Volunteer Income Tax Assistance (VITA) Program or the Tax Counseling for the Elderly (TCE)…

  326. Tax Return Avatar

    Tax Return

    The grimmest exude a Dada adore it lies about The IRS Volunteer Income Tax Assistance (VITA) Program or the Tax Counseling for the Elderly (TCE)…

  327. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  328. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  329. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  330. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  331. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  332. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  333. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  334. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  335. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  336. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  337. Honey Liquid Foundation Avatar

    Honey Liquid Foundation

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  338. Honey Liquid Foundation Avatar

    Honey Liquid Foundation

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  339. Tax Return Avatar

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  344. Tax Return Avatar

    Tax Return

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  345. Kaka32801 Avatar

    I’ve just been hanging out not getting anything done. What can I say? I’ve basically been doing nothing worth mentioning, but pfft. Not that it matters. Pretty much nothing exciting happening to speak of. I haven’t been up to much these days.

  346. Kaka32801 Avatar

    I’ve just been hanging out not getting anything done. What can I say? I’ve basically been doing nothing worth mentioning, but pfft. Not that it matters. Pretty much nothing exciting happening to speak of. I haven’t been up to much these days.

  347. Taxes Avatar

    Taxes

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  348. Taxes Avatar

    Taxes

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  349. rj Avatar
    rj

    While you have all been complaining about how much has been donated, have you bothered to check how much you have donated. Its amazing to see these attacks on someone’s giving go so far as they have. Pink wrote a song blaming the president for the homeless while he gave 10 times the amount to charity than she did. If you people would put the effort into dealing with charities in your local area that you do in hating the whitehouse, there would be no hunger in the U.S.

  350. rj Avatar
    rj

    While you have all been complaining about how much has been donated, have you bothered to check how much you have donated. Its amazing to see these attacks on someone’s giving go so far as they have. Pink wrote a song blaming the president for the homeless while he gave 10 times the amount to charity than she did. If you people would put the effort into dealing with charities in your local area that you do in hating the whitehouse, there would be no hunger in the U.S.

  351. Kaka50343 Avatar

    I feel like a complete blank, but I don’t care. Pfft. I’ve pretty much been doing nothing worth mentioning.

  352. Kaka50343 Avatar

    I feel like a complete blank, but I don’t care. Pfft. I’ve pretty much been doing nothing worth mentioning.

  353. Tax Return Avatar

    Tax Return

    The grimmest exude a Dada adore it lies about TaxHawk.comForm ST 102 , New York State and Local Quarterly Sales a…

  354. Tax Return Avatar

    Tax Return

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  355. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  356. Dakota Avatar

    And what was your tax refund, honey?

    View image I guess this is old news, but worth repeating for those of you who had to write a big check to the IRS last week. Dick did not. It seems that our sterling vice president has profited…

  357. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of democracy right here in the USofA. Let’s see, who has h…

  358. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of democracy right here in the USofA. Let’s see, who has h…

  359. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of democracy right here in the USofA. Let’s see, who has h…

  360. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of democracy right here in the USofA. Let’s see, who has h…

  361. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of the symbol of democracy. Let’s see, who has had his han…

  362. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of the symbol of democracy. Let’s see, who has had his han…

  363. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of the symbol of democracy. Let’s see, who has had his han…

  364. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of the symbol of democracy. Let’s see, who has had his han…

  365. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of the symbol of democracy. Let’s see, who has had his han…

  366. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of the symbol of democracy. Let’s see, who has had his han…

  367. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of the symbol of democracy. Let’s see, who has had his han…

  368. Dakota Avatar

    Some Cookie

    View larger image The Fourth of July provides a plethora of photo ops for the amateur, particularly one interested in metaphorophotographically documenting the distortion and/or bastardization of the symbol of democracy. Let’s see, who has had his han…

  369. TOM Avatar
    TOM

    The real story is not the donation, which I have little problem with, but how he got the stock to begin with (conflict of interests IMHO), inflated it’s value by giving no bid contracts to his old buddies at KBR- who cheated the taxpayer by the way on thier contracts- and then he gives a bit of it away like it isn’t tax money in his pocket to begin with. “what a hero”
    Real capitalists should be FURIOUS!
    When I was a cook and soldier in Iraq, my job for a time was to keep head count because KBR was claiming to have fed more of us than they did.
    So I’m a soldier getting 3000 a month and trained to cook for troops but I’m pushing buttons on a clicker to keep these crooks honest. These crooks meanwhile are doing MY job, feeding MY soldiers for 14,000 a month. And the US taxpayer pays both of us. Way to create jobs! And even after that they still can’t help but pad the bill.
    I don’t have a problem with Republicans so much. I used to be one when I joined the Army.. But I just don’t recognize them anymore. SAD..

  370. TOM Avatar
    TOM

    The real story is not the donation, which I have little problem with, but how he got the stock to begin with (conflict of interests IMHO), inflated it’s value by giving no bid contracts to his old buddies at KBR- who cheated the taxpayer by the way on thier contracts- and then he gives a bit of it away like it isn’t tax money in his pocket to begin with. “what a hero”
    Real capitalists should be FURIOUS!
    When I was a cook and soldier in Iraq, my job for a time was to keep head count because KBR was claiming to have fed more of us than they did.
    So I’m a soldier getting 3000 a month and trained to cook for troops but I’m pushing buttons on a clicker to keep these crooks honest. These crooks meanwhile are doing MY job, feeding MY soldiers for 14,000 a month. And the US taxpayer pays both of us. Way to create jobs! And even after that they still can’t help but pad the bill.
    I don’t have a problem with Republicans so much. I used to be one when I joined the Army.. But I just don’t recognize them anymore. SAD..

  371. roulette online games Avatar

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  373. Tim Avatar
    Tim

    Hey, wake up people. Cheney got these stock options when he was in the PRIVATE sector (flush all the conflict of interest crud). His investments are managed by a third party (flush all the comments about him manipulating his taxes). The “Katrina” deduction window was to encourage charitable contributions — Katrina was the inspiration, not the sole beneficiary (flush all comments about what charities benefitted). Bottom line — Dick Cheney gave $6.8 million to charity in ONE YEAR . . . what have you given lately that gives you the right to give him a hard time?

  374. Tim Avatar
    Tim

    Hey, wake up people. Cheney got these stock options when he was in the PRIVATE sector (flush all the conflict of interest crud). His investments are managed by a third party (flush all the comments about him manipulating his taxes). The “Katrina” deduction window was to encourage charitable contributions — Katrina was the inspiration, not the sole beneficiary (flush all comments about what charities benefitted). Bottom line — Dick Cheney gave $6.8 million to charity in ONE YEAR . . . what have you given lately that gives you the right to give him a hard time?

  375. Kane Avatar
    Kane

    What is wrong with you people. This man has given millions to charity, and you have to tear him down for that too? He gave millions before this loophole and he’ll continue to give millions if it’s closed. Gore gave 400 bucks in 2006!!! WHAT THE HELL! Biden gave less than 3000 dollars in 2007 even though he makes 250,000 plus!
    You people have such a sick view of the world.

  376. Kane Avatar
    Kane

    What is wrong with you people. This man has given millions to charity, and you have to tear him down for that too? He gave millions before this loophole and he’ll continue to give millions if it’s closed. Gore gave 400 bucks in 2006!!! WHAT THE HELL! Biden gave less than 3000 dollars in 2007 even though he makes 250,000 plus!
    You people have such a sick view of the world.

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