1Perry
Banned
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- Jun 26, 2011
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What do you mean by the "capital gain argument"? Just that somebody making that much is paying capital gains tax not income tax?
Obviously I don't know how much you personally pay in property taxes... That has nothing to do with what we're talking about kiddo. We know how much, on average, different economic brackets pay in property taxes, so there is no excuse to just ignore that to distort the results of our analysis.
The distortion is throwing in anything other than what one pays in taxes on their income.