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

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

    Quote Originally Posted by TurtleDude View Post
    well you have to realize that many worship the guy who claimed that jacking up said taxes "was fair" even if it led to less taxes.

    people who don't have the thrift or wherewithall to invest tend to get upset that others do
    It is just annoying that it seems folks could care less about the economic impact of their political views. I guess most don't care as they and their families have saved nothing so who cares if the market is destroyed.

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

    Quote Originally Posted by washunut View Post
    It is just annoying that it seems folks could care less about the economic impact of their political views. I guess most don't care as they and their families have saved nothing so who cares if the market is destroyed.
    many are essentially vandals. if they cannot have wealth, damn it-no one else should either



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

    Quote Originally Posted by TurtleDude View Post
    that assumes the bank goes belly up-try again, its only covered to 200K and again that ignores the fact that every millionaire pays more income taxes than over 80Million Americans

    Ah, a DOUBLE-FAIL.

    It's $250K -- if you were really who you say you are, you'd know that.

    And Millionaires play a smaller percentage of their income that the average American.

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

    Quote Originally Posted by TurtleDude View Post
    speaking of fail

    WE ARE TALKING ABOUT THE AMOUNT GUARANTEED BY THE GOVERNMENT AT BANKS
    NOT WHERE THE TOP TAX RATES HIT

    this is the sort of idiocy that happens when someone wants to attack another poster and cannot wait to read what was said

    Uh 250k is what the FDIC covers in the average account.

    also as I pointed out already what the FDIC covers can be unlimited in certain non interest accounts.
    Last edited by winston53660; 08-05-11 at 11:16 PM.

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

    Quote Originally Posted by hazlnut View Post
    Ah, a DOUBLE-FAIL.

    It's $250K -- if you were really who you say you are, you'd know that.

    And Millionaires play a smaller percentage of their income that the average American.
    You are lying about millionaires

    the very richest billionaires pay a lower rate ONLY BECAUSE CAPITAL GAINS ARE TAXED AT A LOWER RATE

    the group that pays the highest effective rate are those making between 380K and 5 millions

    and BFD that the rate was raised to 250K last year-I am not a banker

    and anytime you want to put some money up rather than constantly make snide comments about what you think I am, do so. Put up or shut up

    I tire of your constant attacks by someone who cannot handle the fact that I make more than he does



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

    Quote Originally Posted by winston53660 View Post
    Uh 250k is what the FDIC covers in the average account.

    also as I pointed out already what the FDIC covers can be unlimited in certain non interest accounts.
    you are right-on some accounts.

    how common are they?



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

    Quote Originally Posted by hazlnut View Post
    Ah, a DOUBLE-FAIL.

    It's $250K -- if you were really who you say you are, you'd know that.

    And Millionaires play a smaller percentage of their income that the average American.
    do you mean someone who makes $1 million per year or someone who is 55 has a house that is paid off worth $500K and a 401K worth $600K. Both he and his wife worj with a combined income of $120K and pay taxes on their house of about $8K. Pretty typical in many parts of the country, but demonized by folks like you.

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

    Quote Originally Posted by TurtleDude View Post
    you are right-on some accounts.

    how common are they?

    How common is it for the average person to have 250k in savings account?

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

    Quote Originally Posted by winston53660 View Post
    How common is it for the average person to have 250k in savings account?
    non responsive but slim to none

    most average people if they have that much have that in equity or retirement accounts



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

    Quote Originally Posted by TurtleDude View Post
    non responsive but slim to none

    most average people if they have that much have that in equity or retirement accounts

    I'm not the totally rich lawyer guy that was dead wrong in the first place.

    I'm just the poor guy waiting for his heart to give out.
    Last edited by winston53660; 08-05-11 at 11:30 PM.

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