[quote=briansd1][quote=sreeb][quote=kcal09]Sooo…now we know that Mitt plays a mini-tax [/quote]
Mitt appears to be paying $3M per year. That is a lot more than I pay.
How much should one person have to pay?
I don’t feel I get the government I want and I resent my much smaller bill.
I find it disturbing when I read that 80% of the population thinks the rich don’t pay their “fair share” while 50% of the population pays nothing at all. Lots of people who pay nothing at all think that those who do pay don’t pay enough? How is that right?
Why would Mitt even stay in the US?[/quote]
I’d be fine if Mitt left the USA. But as a US citizen he still has to pay income taxes.
50% of the population does not pay nothing. That’s a myth.
You have to look at the big picture. When payroll taxes, sales taxes, property taxes and other taxes and fees are included, the working poor pay a good proportion of their income in taxes.
Remember that the payroll tax is limited to the first $110k. If you make 100 times more than that in salary, your proportion is much lower.[/quote]
I’ll go on record to say that I do think it’s b.s. that hedge fund managers get special tax treatments…
For those of you not know what’s going on there….I tried to find an article about hedge fund managers and why they aren’t taxed traditionally without any of the political party B.S. The closest I can find is wikipedia… I’ll try to dig up a more clear description…