Cheney Exploits Katrina Tax Loophole To Net $2M Refund

quote[ * By exploiting a law that was meant for people to donate to Katrina relief, Cheney was able to net a $2,000,000 tax refund.

* At least half, if not more if this refund was solely due to their exploiting of this law.

* In order to do this, they had to write a personal check for over $2,000,000 at the end of 2005.

* None of the donations were to any Katrina relief organizations.

* The donations were from income related to Halliburton, which Cheney supposedly had no financial ties to.

* In any other year, they still would have received a few hundred thousand in tax refunds from this "non-financial tie" to Halliburton, if they donated the proceeds to charity.

* In each of the prior three years, their donations were never more than 4%-5% of their 2005 totals, the only year that this law applies to.

* Once again, they flat out lie in their press release by obscuring the million or so that they personally benefited from this transaction.

* The timing, while not illegal, is extremely self serving and shady, especially in light of the fact that they should not be benefiting financially from any ties to Halliburton.]

And, none of the charities were Katrina related.