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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (465600)1/17/2012 5:37:05 PM
From: SirWalterRalegh  Read Replies (1) of 793993
 
<<Suppose he made something like10 million bucks this last 5 years and paid an average of 15%? It's possible he did. If this is true, the Left will tear him to pieces on it.>>

Paying a 15% Federal tax is the norm for most of those making millions/year. State and city taxes increase the tax applied.

Others in this position are: Soros, Gates, Buffet, Jobs..........

Mitt needs to explain the tax code in that the Feds take 15% of LT capital gains and qualified dividends.
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