PostmodernProphet
fully immersed in faith..
did Runie ask me a question?.......somebody remind the idiot I've had him on ignore since last January.......
Mitt did not pay any taxes for 10 years!
- Thread starter Jarod
- Start date
did Runie ask me a question?.......somebody remind the idiot I've had him on ignore since last January.......
Sure you have PiMP.
G
Guns Guns Guns
Guest
The Internal Revenue Service released data from the 400 individual income tax returns reporting the highest adjusted gross income.
This elite ultrarich group earned on average $202 million in 2009, the latest year available, and buried in the data is the startling disclosure that six of the 400 paid no federal income tax.
That data demonstrates that many of the ultrarich can and do reduce their tax liability to very low levels, even zero.
Besides the six who paid no federal income tax, the I.R.S. reported that 27 paid from zero to 10 percent of their adjusted gross incomes and another 89 paid between 10 and 15 percent, which is close to the 13.9 percent rate that Mr. Romney disclosed that he paid in 2010.
So more than a quarter of the people earning an average of over $200 million in 2009 paid less than 15 percent of their adjusted gross income in taxes.
http://www.nytimes.com/2012/08/11/b...-tax-returns-common-sense.html?pagewanted=all
This elite ultrarich group earned on average $202 million in 2009, the latest year available, and buried in the data is the startling disclosure that six of the 400 paid no federal income tax.
That data demonstrates that many of the ultrarich can and do reduce their tax liability to very low levels, even zero.
Besides the six who paid no federal income tax, the I.R.S. reported that 27 paid from zero to 10 percent of their adjusted gross incomes and another 89 paid between 10 and 15 percent, which is close to the 13.9 percent rate that Mr. Romney disclosed that he paid in 2010.
So more than a quarter of the people earning an average of over $200 million in 2009 paid less than 15 percent of their adjusted gross income in taxes.
http://www.nytimes.com/2012/08/11/b...-tax-returns-common-sense.html?pagewanted=all