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?

Posted by Evan @ 06/10/10 10:37 PM


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