Arianna Barely Paying Income Tax
Despite what she says, Arianna Huffington's record of not paying much in taxes despite being very weatlhy is going to ruin her campaign in California. She cannot reasonably rail against businesses and individual "fat cats" who fail to shoulder a fair share of taxes, when she lives in a 7 million dollar house and has paid no individual state income tax and just $771 in federal taxes during the last two years.
In an interview Wednesday, Huffington said there was no inconsistency between her campaign message and income tax record. She characterized her deductions as "very conservative" and said that any comparison between her and those whom she has criticized would be unfair. "There isn't any loophole here. There isn't any dodging here," she said. "This is basically putting your income against your expenses."
Right Arianna. When its your taxes, you aren't using loopholes - its everybody else thats abusing the tax system.
In an interview Wednesday, Huffington said there was no inconsistency between her campaign message and income tax record. She characterized her deductions as "very conservative" and said that any comparison between her and those whom she has criticized would be unfair. "There isn't any loophole here. There isn't any dodging here," she said. "This is basically putting your income against your expenses."
Right Arianna. When its your taxes, you aren't using loopholes - its everybody else thats abusing the tax system.
# | August 14, 2003