SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Rose who wrote (142813)10/23/2008 4:30:18 PM
From: Bill1 Recommendation  Read Replies (1) | Respond to of 173976
 
Earned taxable income is always taxed. The income most wealthy people shelter is unearned income, like cap gains and estate taxes.

Upper middle class taxpayers typically have exemptions and deductions for mortgages, state taxes and contributions, but these are phased out as income goes up.