Saturday, October 04, 2008

Todd Palin breadwinner earned $46,600 as an employee of BP Exploration Alaska

"Sen. Biden and his wife, Jill, reported $320,000 in adjusted gross income last year. Their tax returns, released earlier this year, were notable for how little they gave to charity: $995, or less than 1% of their income.

The Palins gave somewhat more: $3,325 last year, including items donated to the Salvation Army, or 1.5% of their adjusted gross income.Sarah Palin is the breadwinner of the family, the documents show.

Last year as Alaska governor she earned $122,000 in the "Medicare wages" field of her W-2 form, while Todd Palin earned $46,600 as an employee of BP Exploration Alaska Inc.Todd Palin also reported a net profit of $15,500 from a commercial fishing business.

But the champion snow-machine racer reported a loss of nearly $10,000 from his racing venture.As citizens of Alaska, the Palin family and their children are eligible for dividends from the state from energy revenues. Gov. Palin reported on her financial disclosure form that those dividends were worth between $10,000 and $30,000 to her family for last year and 2008."

2 comments:

Anonymous said...

any way to invest in Palin's new book contract?

ABC News.com estimated soon-to-be-Nobel Laureate Al Gore's net worth at $100 million, which isn't bad considering that he was supposedly worth about $1 million when he watched George W. Bush get sworn in as president in January 2001.

Talk about your get-rich-quick schemes, how'd you like to increase your net worth 10,000 percent in less than seven years?

Anonymous said...

10,000 racing venture equals 10,000 reasons why he's a loser.