I own a Lumber Company - Want Some Wood?

[jdl22]

Apparently not. Though that probably isn't too unusual for people that simply hire a CPA or big tax company to do their taxes for them.

[whiskeytown]

hmmmm...let the Karl Rove spin begin...

already, the major news orgs. around the country are checking the facts and finding that yes, GWB did get $84 in small business income from a timber company.

and using GWB's Gorilla math, would be one of 900,000 small businesses getting a tax hike. Not in the real world of course, just in Kerryland - a place like neverland that exists nowhere but in the paranoid rantings of the Right...but nevertheless -

I think this is gonna be one of those little things that highlights the cluelessness of the man...sorta sticking one's foot in a mouth after setting it on fire - that little slip up and undeserved quip afterwards is going to cost him the presidency... - sorta like Dukakis in the tank in '88

no one remembers any of the other errors made by either side in the debate, just Kerry's point and GWB stepping in a big pile of crap.. [img]/images/graemlins/grin.gif[/img]

nice of you to shoot yourself in the foot, GWB. - gratsi.
[img]/images/graemlins/grin.gif[/img]
RB

[GWB]

BREAKING NEWS - Kerry was wrong on Lumber Company:

Kerry stated that I earned $84 from a lumber company. FactCheck.org now reports that his statement was false!

Kerry got his information from an article we posted Sept. 23 stating that Bush on his 2001 federal income-tax returns "reported $84 of business income from his part ownership of a timber-growing enterprise." We should clarify: the $84 in Schedule C income was from Bush's Lone Star Trust, which is actually described on the 2001 income-tax returns as an "oil and gas production" business. The Lone Star Trust now owns 50% of the tree-growing company, but didn't get into that business until two years after the $84 in question. So we should have described the $84 as coming from an "oil and gas" business in 2001, and will amend that in our earlier article.


So the $84 was earned before the company acquired the lumber business. I had no lumber related earnings, Kerry got it wrong!

[Kurn, son of Mogh]

Still not as good a one-liner as "You forgot Poland" [img]/images/graemlins/cool.gif[/img]

[Knockwurst]

Uh, okay, GWB, you gott'em there, so that makes his whole point moot about your small interest in a schedule C company counting as a small business according to your fuzzy accounting.

In any case, "Need wood?" has to be one of the most inane comments to come out of a candidate's mouth during a presidential debate in a while.

[cardcounter0]

Instead of being the small business owner of a lumber company, he was a small business owner of a oil and gas company. The same fuzzy logic applies.

[Nepa]

Didn't your Dad own a Fish oil company?

[Knockwurst]

[img]/images/graemlins/smile.gif[/img]

[Knockwurst]

I think one brother had an interest in woman's hosiery.