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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (606777)4/6/2011 4:53:44 PM
From: J_F_Shepard  Read Replies (2) of 1579950
 
"My post wasn't about the Bush tax cuts, but about why wealthy people (and other tax payers, but you where talking about wealthy people) pay less income tax than simply calculations involving the rate table would suggest."

How many times do we have to repeat this, I've been harping that for months now.....and during that time you were trying to rationalize it... I kept saying wealthy folks only pay about 20% of AGI and you and friends kept tossing out the marginal brackets.

"Also I think some of the things I raised, at least some forms of business deductions, where effected by "the Bush tax cuts", and if those tax cuts ended/expired, they would be effected by the tax increase that would occur."

You may be right, that would only make a stronger for them to fight the end of the Bush cuts.... You know what some of them are...?? Beyond interest and dividends...
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