FOXNews.com – You Decide 2004 – Heinz Kerry Releases Personal Tax Info: “LOUISVILLE, Ky. — Teresa Heinz Kerry may be the richest potential first lady ever to hit the campaign trail, having earned more than $5 million in taxable and non-taxable income last year.”
So, John Kerry’s wife, Teresa, finally bowed to pressure and released her personal income and tax information. By the numbers, she earned $5,115,000 in gross income last year and paid $750,000 towards her 2003 federal, state, and local income taxes at the time of an extension filing.
An obligatory quotation from Mrs. Heinz-Kerry, who is estimated to have a net worth of close to $500 million and is heiress to the H.J. Heinz family fortune, “While I am not a candidate for any public office, a great deal of my financial information has been disclosed for many years on my husband’s Senate Ethics Disclosure, and now that he is a presidential candidate, with the Office of Government Ethics. John and I believe this strikes a balance between my family’s privacy and the media’s requests for more financial information.”
While I support John Kerry’s bid to be President of the United States, I definitely think her extraordinary wealth coupled with his aristocratic upbringing and pompous lifestyle is a serious turn-off. That may not go over well with many working poor Americans who are struggling to make end’s meat or those who have lost jobs due to outsourcing — a practice employed by many companies to send work offshore to countries with low wages and low costs of living. On the other hand, those same people may be able to look past his wife’s financial fortune and his own 2003 adjusted gross income of $395,338 with the collective hope of serving Mr. Bush his pink slip and sending him packing back to Crawford, Texas. I’m optimistic they can and will in November.