Thursday, October 13, 2011

Kaiser: Bundler, Friend of Obama, and Zero-Tax Payer

So he pays a LOT less than his secretary, I guess.

...As Allison describes it in his Sunlight post today, "in one six year period, during which he increased his net worth enough to land him on the Forbes list of the 400 wealthiest Americans, Kaiser reported taxable income to the Internal Revenue Service just once, totaling $11,699--equivalent to a full-time hourly wage of $5.62."

It was--perhaps--legal; there's some animated discussion with IRS about that, too.

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