Toddsterpatriot
Diamond Member
But when you start to slice that group further -- all the way up to the top 0.001 percent -- you'll notice that the effective tax rate falls steadily to 17.60 percent at the very top.Your point is they take capital gains....and that's cheating? LOL!
You're funny.
How is that funny? They don't pay your imaginary 39%. CEO's get paid millions, much in stocks so they don't have to pay income tax.
How is that funny? They don't pay your imaginary 39%.
Your ignorance is funny.
Go back and read my comments.
They pay that rate on their INCOME. I could explain the difference between capital gains and income,
but based on your previous contributions to the thread, it would go over your head.
CEO's get paid millions, much in stocks so they don't have to pay income tax.
When a CEO gets paid in stock, that's income. DERP.
As the rich become super-rich, they pay lower taxes. For real.
The super rich get most of their earnings from capital gains, not income. DERP!
And they only pay 17.60 percent.
They pay 15% on their long-term capital gains and 39.6% on their income over $467K.