Saturday, September 04, 2004
The Washington Post comes forward with a new volley in the veep-money wars: the shocking news that Vice-Presidential candidate John Edwards raked in almost $39 million over the last decade, mostly while working as a trial lawyer. He paid roughly a third of that total in taxes:
Edwards, who was a trial lawyer for two decades before winning a seat in the Senate in 1998, reported earnings of $11.4 million in 1997. That year he won two of his biggest cases and set records for jury awards in North Carolina -- a $25 million verdict for the family of a girl who was disemboweled in a wading pool and a $23.3 million medical malpractice verdict for a child injured at birth . . . .Our revered colleague Prometheus 6 notes that Edwards's total income over the last ten years may even exceed the severance package Dick Cheney received when he retired as CEO of Halliburton, after several years of servicing clients like Saddam Hussein and then lying about it to the American public.
The couple reported income of $5.2 million in 1994, $5.4 million in 1995, $4.3 million in 1996, $11.4 million in 1997, $5.9 million in 1998, $1.7 million in 1999, $1.8 million in 2000, $1.7 million in 2001, $1.2 million in 2002 and $306,000 in 2003.