Bill White pays only 15% taxes
I'll have more to say on Bill White's tax returns, but what struck me more than anything else (and made my blood pressure rise!):
All told, White reported adjusted gross income of $11.8 million from 2004 to 2009, paying $1.7 million in taxes for the period.White paid under 15% in taxes. Under 15%
My guess is that your average working American pays around 35% a year in taxes. Bill White is a multimillionaire, yet he pays only 15% taxes?
Bill White obviously has some good accountants. But next time he talks about how we Texans might need to pay higher taxes, how about he pays his fair share?
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