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Thread: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

  1. #91
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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by FilmFestGuy View Post
    You're wrong. Wrong. And wrong. The 400 Richest Americans Pay An 18% Tax Rate - Robert Lenzner - StreetTalk - Forbes

    Because of FICA taxes, and lower rates on non-work-earned income, millionaires pay a lower rate than does anyone making less than $200,000 a year. The effective tax rate on most millionaires is 22.4%. When you go to just the top 400 families, it's lowered to 18%.

    That is lower than someone who is making around $85,000.
    you don't read very well apparently

    You fraudulently and dishonestly interchange the top 400 with "millionaires"

    stop your silly lying. the group with the highest effective tax rate are those making 380k to 5 million a year

    The Very Rich Are Different–They Pay A Lower Tax Rate - Janet Novack - Taxing Matters - Forbes

    Taxpayers earning $1 million to $5 million, who get more of their income from salary and other “ordinary” income taxed at a top 35% rate, paid an effective tax rate of 24%.



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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by pbrauer View Post
    We hear so much about the 47% who pay no Federal income taxes, but more than 1400 of them are millionaires.



    American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009
    I wonder which party would be most upset if to vote you had to have paid federal income tax?



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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by TurtleDude View Post
    I wonder which party would be most upset if to vote you had to have paid federal income tax?
    I don't think either would care. Unless you said that in order to contribute mass quantities of money you had to pay taxes. Then they'd be very upset.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

  4. #94
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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by rocket88 View Post
    I don't think either would care. Unless you said that in order to contribute mass quantities of money you had to pay taxes. Then they'd be very upset.
    I think the dems would be highly upset



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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by TurtleDude View Post
    I wonder which party would be most upset if to vote you had to have paid federal income tax?

    Ah the unconstitutional wet dream of a wanna be oligarch.

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by winston53660 View Post
    Ah the unconstitutional wet dream of a wanna be oligarch.
    hardly-I want to be left alone and let people like you take care of yourself



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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by TurtleDude View Post
    I think the dems would be highly upset
    I think both parties would be. They both rely on the big money donors.

    Or did you think the Republicans did it all without money?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by TurtleDude View Post
    hardly-I want to be left alone and let people like you take care of yourself

    Then get off the grid.

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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    ALL working people should be paying income taxes. One flat percentage across the board. No loopholes, no deductions, no credits.....nothing. Simple, flat, fair.


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    Re: American Millionaires: 1,400 Paid No U.S. Income Taxes In 2009

    Quote Originally Posted by winston53660 View Post
    Then get off the grid.
    then people like you would starve. I pay far far far more than I use



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