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Friday, June 22, 2007

Beshear reverses course, joins Fletcher in disclosing income.

Bowing to political pressure to honor his pledge to release his income tax information Democratic gubernatorial candidate, Steve Beshear, has disclosed his income for 2006. The income information shows that Beshear earned $402,220.00 from his employment association with the Stites and Harbison law firm in Lexington.

This income is in addition to income of $3.32 million earned largely from selling stock in U.S. Bancorp, bringing their grand total to $3.74 million. Of that total, they paid $569,612 in taxes to the federal government and $204,929 to the state, while giving $29,184 to charities.

The Fletchers previously released their income tax information in May, which showed them earning $124,118 last year and paying more than $16,000 in state and federal taxes.

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