If you read the article, it about income taxes. It’s not about “paying nothing” which the likes of Rush Limbaugh talk about.
Work out the numbers on a spreadsheet… If family earns $30k per year, owns a very modest house, how much in total taxes do they pay (I mean taxes of all kinds, including payroll, sales, property, DMV fees, etc..) as a proportion of their income.
Now compare the percentage to someone making $20 million in capital gains.[/quote]
Hey, don’t shoot the messenger here, ok? I was just pointing to where the article title says one thing and the content says the other. Huffington post I like. But that’s how things get quoted, ok?
But come on. It’s not about percentage of taxes paid. How about the absolutely number. I wanna find people coughing up $3million in taxes a year. Anyone here? Anyone?
You know.. it doesn’t matter. People in my income/asset bracket get screwed by both parties.