ARNOLD’S MONEY
Paul Muller at Heretical Ideas has the lowdown on Schwarzenegger’s finances:
In 2000, his total income was $31,104,000. Schwarzenegger paid $8.5 million in federal income taxes and $2.6 million in state taxes. That year, Schwarzenegger donated $742,000 to charity. The top five recipients were Special Olympics; the Simon Wiesenthal Center; St. Monica Catholic Church in Santa Monica, California; United Friends of the Children, which creates programs for foster children; and the Inner-City Games.
A pretty good year, I’d say!
Yeah, but he only made $28 million in 2001. That’s a 10% decrease! At that rate, he’ll be indigent by 2012.
True! And think of the cut he’ll take if he’s your next governor!
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