Deal paid low income taxes for 2006, 2007

ATLANTA --- Republican gubernatorial nominee Nathan Deal paid low federal income taxes in 2006 and 2007 -- which he attributed to carryover business losses for previous years -- but he has declined to release full tax returns that would shed more light on his finances.

Deal, a former congressman who is running against Democrat and former Gov. Roy Barnes, has come under intense scrutiny in recent weeks because debt that is forcing him to sell his home and because he didn't initially disclose some business loans.

Deal and his wife, Sandra, paid 2.95 percent -- or $5,575 in federal taxes -- on $188,904 in adjusted gross income in 2006, an Associated Press review of tax records shows.

The next year he paid 1 percent -- or $2,068 -- on $205,433 in income.

The average taxpayer in Deal's tax bracket pays about 17 percent in taxes, IRS data shows.

"I have paid the taxes that the law requires of me," Deal said at a recent debate.

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Ga Values
27
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Ga Values 10/10/10 - 06:24 am
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What is the difference

What is the difference between, Maxine Waters, Charley Rangel and Nathan Deal? Deal resigned rather than face trial.

ameliaf
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ameliaf 10/10/10 - 01:12 pm
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Seems to me the IRS needs to

Seems to me the IRS needs to audit Deal's tax returns. Surely, someone paying such low taxes on his income has hit the triggers the IRS uses to flag returns for audit.

corgimom
36879
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corgimom 10/10/10 - 01:22 pm
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No, ameliaf, this is

No, ameliaf, this is perfectly normal. Rich people do that all the time.

TeamLoser
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TeamLoser 10/10/10 - 04:04 pm
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Paid less then I paid when I

Paid less then I paid when I was employed at $12 an hour.

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