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Re: Guess Who Really Pays the Taxes 

By: ribit in FFFT | Recommend this post (1)
Thu, 22 Sep 11 6:10 AM | 39 view(s)
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Msg. 33961 of 65535
(This msg. is a reply to 33954 by oldCADuser)

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ocu
...lobbyist cannot reclassify a paycheck as 'dividend'.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




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The above is a reply to the following message:
Re: Guess Who Really Pays the Taxes
By: oldCADuser
in FFFT
Thu, 22 Sep 11 2:55 AM
Msg. 33954 of 65535

But the vast majority of people in this country, unlike hedge fund managers, don't have lobbyists who got their paychecks reclassified as 'dividend' income for which their MAXIMUM tax rate is 15% (and as a side benefit is not even subject to payroll taxes), no matter how much they actually make, which for most of them is in the millions, some in the hundreds of millions, and in a couple of cases, over a billion.


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