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Edited on Sat Oct-09-04 02:47 AM by Proud2BAmurkin
BUSH VS. REALITY - Timber KERRY: The President got $84 from a timber company that he owns that he's counted as a small business…
BUSH: I own a timber company? That's news to me.
REALITY:
“President Bush himself would have qualified as a "small business owner" under the Republican definition, based on his 2001 federal income tax returns. He reported $84 of business income from his part ownership of a timber-growing enterprise. However, 99.99% of Bush's total income came from other sources that year. (Bush also qualified as a "small business owner" in 2000 based on $314 of "business income," but not in 2002 and 2003 when he reported his timber income as "royalties" on a different tax schedule.)”
ABC: Peter Jennings, 10.50: Mr. Bush looked up and said ‘I own a timber company? And we all sort of looked at one another and said who was right? Well it turns out Senator Kerry was right.
NBC 10:50-11:00, Brian Williams: Joke about timber – President once owned a small share of the timber business – Bush according to FactCheck.org reported $84 of business, that would have qualified him as a small business owner.
St. Louis Post Dispatch 9:15: At one point, Kerry said Bush's timber company would benefit from economic proposals, and Bush countered: "I own a timber company? That's news to me."
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