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They should get Buffet's tax return.
They should get Buffet's tax return.
they're not en led to anything unless they can demonstrate they are on Buffetts level or contribution, if that's what you're saying.
Do ya think the URL is long enough? heh.
Everything after the "l" in "html" is simply identifiers for your computer that yahoo uses to track your activities online as a cookie.
Simply pasting the following will get the same link, but without the key to your cookies.
http://news.yahoo.com/fact-check-ric...070642868.html
That's not what I'm saying.
You need to try to understand what you post before trying to understand what others post.
That's why i said, "if that's what you're saying" because i'm acknowledging that i don't know what you're alluding to.
Save the drama for your mama.
And there's nothing wrong with it hinging on that.Obama's claim hinges on the fact that, for high-income families and individuals, investment income is often taxed at a lower rate than wages. The top tax rate for dividends and capital gains is 15 percent.
You sure as don't know to what I am alluding.
That is clear.
lol drama
lol rhyming
Sure, you're not exactly worth understanding.
lol drama
You're so indignant. Calm down.
lol drama
FWIW, here is one of the major people involved in the Tax Policy Center, in his testimony before Congress:
http://www.taxpolicycenter.org/publi....cfm?ID=901447
carried interest - but that's not populist enough so it's called the buffet rule.
In all fairness Buffett is technically correct. He pays a lower tax PERCENTAGE because he doesn't draw a normal salary and all his income is return from investments in companies and consequently taxed as capital gains.
Be careful what you ask for es. Assuming you make ANYTHING of your life you will more than likely eventually buy a house. You will probably take out a mortgage. That $150,000 house will cost you hundreds of thousands in interest and principal payments over the years. Meanwhile inflation will drive the "value" of that home to $300,000 in 20 years or so even though its still really worth the same since a gallon of milk now costs $12. When you eventually sell it, the difference in what you paid for it and what you sell it for is called "Capital Gains". Start taxing that as ordinary income and suddenly you are (for one year) in that "Millionaires Class" that makes more than $200,000 a year and the government will end up taking almost half of the difference between the selling price and the purchase price.
150k house? thats not a house, thats a shed.
I was trying to put it in numbers most of the so called intellectual liberals in here could actually conceive of making/spending.
Fact-Checking The Fact-Checkers: The AP Releases Misleading Analysis Of Obama’s Tax Plan
“AP’s ‘fact check’ misses the point of the Buffett rule. The point is not to ensure that rich people on average pay higher taxes than middle-class people on average,” but “to ensure that all households with incomes above $1 million pay at least what middle-class families are paying.”
http://thinkprogress.org/economy/201...k-obama-taxes/
Was anyone actually buying that bull about millionaires paying less taxes than secretaries?
Even the capital gains rate is probably more than the rate your typical secretary would have to pay.
Which facts were incorrect?
25% Bracket $34,500 – $83,600
25%>15%
lol probably
Guess it depends on if it is a short term capital gain or a long term.
Again in fairness (for the other side this time) the example was $50,000 GROSS. After deductions and credits they could easily be below the $34,500 threshold, and even if they aren't the ONLY thing getting taxed at 25% is what they made OVER $34,500.
15% of 50,000 @ 15% is $7500.
Most people GROSSING 50,000 in income aren't paying $7500 in income tax.
How would an individual get $15,500 worth of deductions?
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