Greg Abbott releases tax return, pays 14% on a portion of income
[font color=green]Note: This story was published on April 15, but I didn't see it since I only had limited computer access during my illness. Wendy Davis did not release her tax records since she filed for an extension.[/font]
Attorney General Greg Abbott released this year’s tax return, showing he and his wife Cecilia earned about $191,000 in reportable income.
With standard deductions, the Abbotts’ reduced their taxable income to $100,000 and paid almost $14,000 in taxes.
The Republican nominee for governor also garnered approximately another $500,000 in nontaxable payments from a 1989 personal injury lawsuit that he is not required to report to the Internal Revenue Service.
The payments stem from a jogging incident when a tree fell on him, fracturing his spine and confining him to a wheelchair. He sued the homeowner and a tree care company to gain the annuity. Last year, Abbott released the settlement agreement.
The 2013 tax return shows the Abbotts’ gave a total of $6,650 to charitable groups last year. That amounts to 6.6 percent of their adjusted income, but – if the half-million settlement payments are included – the charitable giving is less than 1 percent of their total income.
More at http://trailblazersblog.dallasnews.com/2014/04/greg-abbott-releases-tax-return-pays-14-on-a-portion-of-income.html/ .
[font color=green]Republicans traditionally state that they are against funding government social programs with the excuse that charity should take care of the people that truly need it. So why can't Abbott be a good Christian and tithe instead?[/font] 
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