site Search:


 
    All Forums Hot Topics Gallery






how-to block ads


 
Search Topic:
Share Topic
Post a:
Post a:
AuthorAll Replies


cdru
Go Colts
Premium,MVM
join:2003-05-14
Fort Wayne, IN
kudos:7

reply to flbas1

Re: It doesn't matter....

said by flbas1:

http://www.nytimes.com/2011/08/15/opinion/stop-coddling-the-super-rich.html

Did you even bother to read the link I posted? I'm well aware of that article. And Buffet's 17.4% is below the "super-rich" average. My link even points to this statistical outlier. Buffet makes reference that he is the lowest in his office, and others range from 33-41%. I'm going to bet that there is more than one person in his office that is regarded as being "rich" and they apparently are paying 33% or more.

83% of the country's households earn less than $100k. Presuming married filing jointly, that's max 17.25% effective tax rate. Filing single, it's 21.68%. And that's before any additional deductions, credits, exemptions, etc. That's just the standard 10-15-25-28 tax brackets. So when qworster said:
quote:
the uber rich only pay 15% of their income in taxes, while the rest of us pay 35-40%!
apparently he clearly wasn't referring to 83% of the country when he mentions "the rest of us".

Wednesday, 19-Jun 11:37:34 Terms of Use & Privacy | feedback | contact | Hosting by nac.net - DSL,Hosting & Co-lo
over 13.5 years online © 1999-2013 dslreports.com.
Most commented news this week
Hot Topics