President Bush's 2005 income: More than $700k. As a follow up to a post from earlier in the week, the 2005 Bush income tax return showed President Bush and his wife making $735,180. They paid $187,768 in federal taxes.
This return included:
- Contributions of $75,560 to churches and charitable organizations, about $2,200 less than last year. Those included the American Red Cross and the Salvation Army's funds for hurricane relief in the United States and earthquake aid in Pakistan; Martha's Table, which provides food and services to the underprivileged in the Washington area; the Archdiocese of New Orleans Catholic Charities; and the Mississippi Food Network.
- Tax payments of $26,172 in state property taxes on their ranch near Crawford, Texas, up about $4,000 from the year before.
A PDF of the retun is available at: http://i.a.cnn.net/cnn/2006/images/04/14/bush.taxes.pdf.