and the lowest income brackets paid 30% less tax under Bush then they did under Clinton?
2006-09-22 06:13:14 · 8 answers · asked by Super Shiraz 3 in Politics & Government ➔ Politics
excellent point cordova.
2006-09-22 06:19:35 · update #1
I guess if they tell the lie long enough people believe it, and they have been doing it for over 30 years. Their are a lot of rich Democrats that use all the same loop holes to get out of paying taxes and the rich Republicans, so if they want more taxes from the rich why don't they start with them selves, they sound righteous, but when it comes to their money, they take advantage of the system also, hypocrites.
2006-09-22 06:29:45 · answer #1 · answered by hexa 6 · 1⤊ 0⤋
we could take a examine out that. The tax fee is approximately 15% on capital gains. the version between taxes on wages coaching and salaries is bigger than capital gains. it is considering you do no longer make investments any of your person funds to earn a earnings. think you earned a 20% earnings from making an investment $a hundred,000. which would be approximately $20,000. The $a hundred,000 is your funds and once you earned it or inherited it you paid taxes on it. in case you earned in working it relies upon how lots of it you earned in a 12 months how many of tax you paid yet that funds already paid a tax. If it replaced into inherited it replaced into fifty 5%. besides you put in $a hundred,000 and earned 20% it is approximately $20,000. At 15% your tax is $3000. in case you lost a million/2 of your investment what could your tax be? no longer something there is not any capital loss tax. How lots of a deduction are you able to take for a loss of $50,000. which would be $3000. it is the utmost loss an investor can declare. In incomes wages, coaching or salaries have you ever incurred a loss. Nope. You earned what you earned.
2016-10-17 11:09:51 · answer #2 · answered by ? 4 · 0⤊ 0⤋
If the top 6% own 95% of the wealth, why shouldn't they pay 95% of the taxes?
2006-09-22 08:14:54 · answer #3 · answered by shiraz_good_twin 1 · 1⤊ 0⤋
Since the top 6% of wage earners own 95% of the wealth in the US, I think they have some catching up to do.
2006-09-22 06:25:40 · answer #4 · answered by Manny 6 · 1⤊ 0⤋
You don't understand the concept of progressive taxation. People like you want to roll society back to the days of McKinley!.
2006-09-22 07:02:33 · answer #5 · answered by ? 5 · 0⤊ 0⤋
You really DONT uderstand anything about "income percentage" do you Wayne.
Typical poor,uneducated Republican,defending conservatives trhat weaken the value of your dollar.
2006-09-22 06:15:41 · answer #6 · answered by Anonymous · 3⤊ 1⤋
Because facts are not important to dems. Frankly we know we are smarter than them, why do we even bother arguing with them?
2006-09-22 06:17:47 · answer #7 · answered by Anonymous · 1⤊ 1⤋
Actually its 85% and Jim W , is wrong.......
2006-09-22 06:30:08 · answer #8 · answered by bereal1 6 · 1⤊ 0⤋