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Hey, Shitting Bull... which is greater? 31% or 2%???
The 90% tax rate mythDidn't we have close to a 90% tax rate for the rich at one point?
So the short answer is, yes but they had more deductions.
I agree with Mitt that his taxes are an issue for small-minded people. Probably small-minded broke-asses.
1. Federal Income Taxes Are Too High. There are lots of ways to measure how much we pay in taxes. So, when someone says taxes are too high, make sure you understand exactly what measure of taxes they're talking about.
One yardstick is the tax brackets that set the percentage tax rates for various levels of income. In terms of tax rates, the top brackets are clearly low by historic standards. In 1944, there was a 94 percent tax bracket on income above $200,000. The top tax rate dropped to a low in 1988 of 28 percent on income above $29,750 a year. The top bracket then rose to 39.6 percent between 1993 and 2000, before the Bush tax cuts helped reduce it to today's level of 35 percent. Tax rates thus are lower than they've been, not higher.
So the short answer is, yes but they had more deductions.
Oh, I see we have another who can't read links.
That's OK. I post links for the non-morons.
Mitt Romney behind the link below said:I just have to say given the challenges that America faces 23 million people out of work, Iran about to become nuclear, one out of six Americans in poverty, the fascination with taxes I paid I find to be very small minded compared to the broad issues we face,
Mitt Romney Says He Never Paid Less Than 13 Percent In Taxes - ABC News
The most important issue of our day is fair taxes.
At the risk of redundancy: The most important issue of our day is fair taxes. Fairness through simplicity, especially at the federal level.
Fair and simple taxes, public budgets that are balanced by law, and transparency in all things politics.
The stars await, kids.
[ame=http://www.youtube.com/watch?v=oOx3uOeXtpM]First look: Nasa releases Mars Curiosity rover colour panoramic pictures - YouTube[/ame]
Um, no it isn't. Moron.
Tax rate /=/ tax bracket.So the short answer is, yes but they had more deductions.
Oh, I see we have another who can't read links.
That's OK. I post links for the non-morons.
"when there was a 94% tax rate in 1944-45...."
And then it goes on to explain that it's not comparable for several reasons etc etc.
The most important issue of our day is fair taxes.
At the risk of redundancy: The most important issue of our day is fair taxes. Fairness through simplicity, especially at the federal level.
Fair and simple taxes, public budgets that are balanced by law, and transparency in all things politics.
The stars await, kids.
First look: Nasa releases Mars Curiosity rover colour panoramic pictures - YouTube
Um, no it isn't. Moron.
What the fuck do you have to say about it Snipe? It's my OPINION.
Your opinion is duly noted...
Now, instead of blithely tossing insults around like a snot-nosed 13 year old, why don't you tell us all what the most important issue of our day is in YOUR opinion?
Lets summerize, shall we?
The rich pay their highest share of the total Federal Income tax burden.
The Federal income taxes increasingly go directly to the non-rich in the form of freebie handouts. That is also known as wealth redistribution. In fact, the handouts are now over half the budget and will consume 100% of all tax revenues in just over a decade.
The poor and especially the middle class should be paying much, much more of the Federal income tax burden if they are going to continue to gobble up Federal tax monies at an alarming rate.
The last thing a Liberal wants is 'fairness' in taxes.
I am not sure if you are just dishonest or woefully ignorant, Ave Joe.
And I said they were equal where?Tax rate /=/ tax bracket.Oh, I see we have another who can't read links.
That's OK. I post links for the non-morons.
"when there was a 94% tax rate in 1944-45...."
And then it goes on to explain that it's not comparable for several reasons etc etc.
As I said, I post links for the non-morons.
Lets summerize, shall we?
The rich pay their highest share of the total Federal Income tax burden.
The Federal income taxes increasingly go directly to the non-rich in the form of freebie handouts. That is also known as wealth redistribution. In fact, the handouts are now over half the budget and will consume 100% of all tax revenues in just over a decade.
The poor and especially the middle class should be paying much, much more of the Federal income tax burden if they are going to continue to gobble up Federal tax monies at an alarming rate.
The last thing a Liberal wants is 'fairness' in taxes.
I am not sure if you are just dishonest or woefully ignorant, Ave Joe.
Whatever dude...
One question - in your opinion, is American tax law simple, efficient and fair?
Lets summerize, shall we?
The rich pay their highest share of the total Federal Income tax burden.
The Federal income taxes increasingly go directly to the non-rich in the form of freebie handouts. That is also known as wealth redistribution. In fact, the handouts are now over half the budget and will consume 100% of all tax revenues in just over a decade.
The poor and especially the middle class should be paying much, much more of the Federal income tax burden if they are going to continue to gobble up Federal tax monies at an alarming rate.
The last thing a Liberal wants is 'fairness' in taxes.
I am not sure if you are just dishonest or woefully ignorant, Ave Joe.
Whatever dude...
One question - in your opinion, is American tax law simple, efficient and fair?
Um, no it isn't. Moron.
What the fuck do you have to say about it Snipe? It's my OPINION.
Your opinion is duly noted...
Now, instead of blithely tossing insults around like a snot-nosed 13 year old, why don't you tell us all what the most important issue of our day is in YOUR opinion?
You are an ignorant ass spreading false information.
Hope that helps.
And read my sig line, chump.
What the fuck do you have to say about it Snipe? It's my OPINION.
Your opinion is duly noted...
Now, instead of blithely tossing insults around like a snot-nosed 13 year old, why don't you tell us all what the most important issue of our day is in YOUR opinion?
You are an ignorant ass spreading false information.
Hope that helps.
And read my sig line, chump.
Got nothin' eh? Hang in there Kiddo, you at least have legible skills with writing in English.
The most important issue of our day is fair taxes.
I think the majority of America disagrees with that statement.
Most Important Problem
"what do you think is the most important problem facing this country today?"
As of May, 2012, 31% said the economy in general... 22% said jobs... 9% said deficit/debt... 4% said lack of money... 2% said taxes
The most important issue of our day is fair taxes.
I think the majority of America disagrees with that statement.
Most Important Problem
"what do you think is the most important problem facing this country today?"
As of May, 2012, 31% said the economy in general... 22% said jobs... 9% said deficit/debt... 4% said lack of money... 2% said taxes
I think you're wrong.
Beer?