TAX BREAKS

From the NY Times:

Dick Cheney and his wife, Lynne,reported that their taxes
were $529,636. The Cheneys' adjusted gross income was $8.82 million, but most of
it was not taxable: $6.87 million was proceeds from stock options that the
couple had set aside for charity and that were distributed last year, plus
charitable contributions that came from royalties on books written by Mrs.
Cheney.

As a result, the Cheneys' taxable income was $1.96 million. In a
statement, the White House said that over the course of the year, the couple
paid $2.5 million in taxes through withholding and estimated tax payments, in
part to deal with the exercise of the stock options. Given that their 2005 taxes
are a little over half a million dollars, they are due a refund of about $1.9
million, the statement said.

Don't you wish that you were Dick? What would you do with a refund of 2 mil? Let's see - anything that I wanted! Hello, little yellow Boxter! Bush tax cuts have been very, very good to him. How about the no-tax deal that Fidelity Magellan recently rec'd when they bought office equipment? $365,00 in tax breaks. R.I. Econ. Commission didn't have to give this, but they did. Generous group. Any local businesses one you know ever receive this? Thankyou, R.I. taxpayer. No wonder we have a deficit. Evidently the Commission felt that this was just chump change ready for a giveaway.