healthmyths
Platinum Member
- Sep 19, 2011
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Obama said:
"I reject the idea that asking a hedge fund manager to pay the same tax rate as a plumber or a teacher is class warfare."
1) Hedge fund managers only pay 15% income tax.
http://www.crimeandfederalism.com/2010/04/hedge-fund-billionaires-pay-lowest-income-tax-rates.html
Which is higher 15% or 9.6% teachers paid or 5.6% plumbers PAID?
These are the REAL numbers...not guesses but exactly what was paid!
Download this .xls file for 2008 tax returns and the REAL amount paid in taxes.According to the IRS:
SOI Tax Stats - Individual Statistical Tables by Size of Adjusted Gross Income
The actual taxes paid by an average plumber in 2009 was 5.6% on $50,000
The actual taxes paid by an average teacher in 2009 was 9.2% on $52,000
Plumbers, Pipefitters, and Steamfitters
Teachers
There are a Total of : 1,485,600 Elementary School Teachers,
Their Mean Annual Wage: $54,330 per elementary teacher.
Plumbers:
According to the department of labor
There are total plumbers: 358,790 and
their Mean annual wage $50,360 per plumber.
"I reject the idea that asking a hedge fund manager to pay the same tax rate as a plumber or a teacher is class warfare."
1) Hedge fund managers only pay 15% income tax.
http://www.crimeandfederalism.com/2010/04/hedge-fund-billionaires-pay-lowest-income-tax-rates.html
Which is higher 15% or 9.6% teachers paid or 5.6% plumbers PAID?
These are the REAL numbers...not guesses but exactly what was paid!
Download this .xls file for 2008 tax returns and the REAL amount paid in taxes.According to the IRS:
SOI Tax Stats - Individual Statistical Tables by Size of Adjusted Gross Income
The actual taxes paid by an average plumber in 2009 was 5.6% on $50,000
The actual taxes paid by an average teacher in 2009 was 9.2% on $52,000
Plumbers, Pipefitters, and Steamfitters
Teachers
There are a Total of : 1,485,600 Elementary School Teachers,
Their Mean Annual Wage: $54,330 per elementary teacher.
Plumbers:
According to the department of labor
There are total plumbers: 358,790 and
their Mean annual wage $50,360 per plumber.