taxes on the wealthy have not been lower since the rise of the robber barons before the Great Depression,
way too stupid as usual!! The government is far bigger than ever right now ($ 4 trillion a year) and the top 1% pay 40% of all federal taxes while the bottom 50% don't pay taxes.
The wealthy pay 100% you just lack the IQ to know it!!
See why we are 100% sure a liberal will be slow, so very very slow.
way too stupid as usual!!
The wealthy pay nothing, you just lack the IQ to know it!!
The WAGE EARNER pays the bulk of the taxes! It is so well known even your MessiahRushie admits it.
See why we are 100% sure the CON$ervoFascist Brotherhood will be slow, so very very slow.
August 7, 2007
CALLER: And, you know, and the way our tax system works, we have an overly complex system, which in and of itself is a problem, but
the way our tax system works and the way the tax laws are written, it's based on a few kind of like hinge numbers like adjusted gross income and taxable income, and while the soak the rich -- or however you choose to describe it -- really doesn't come down that way. It really comes down to much lower income levels.
RUSH:
It does, exactly, and here's the dirty little secret if you ever to pull it off. It's hard. This is why most people don't understand the tax-the-rich business.
You've got to structure your life so you have no "earned" income. I'm out of time. I'll explain that.
There's a category called earned income versus other kinds of income. Earned income is what the income tax rate is on. That's how "the rich" do it. They don't have "earned" income.
END TRANSCRIPT
The Truth About Taxes
August 6, 2007
RUSH: I've told you before: the
income tax is designed to keep people like his [Buffett's] secretary from becoming wealthy! There is no "wealth" tax. So this is a big misnomer. ...
But there's no tax on wealth. There is a tax on income, and the tax on income is designed to keep everybody who is not wealthy from getting there.
I'm talking about genuine wealth, not the way Democrats define "rich."