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America's maligned, oppressed, overtaxed wealthy (chart) (Original Post) marmar May 2012 OP
Except that it's only 15% on long-term capital gains. dawg May 2012 #1
yep... those numbers are only for W2 earnings tk2kewl May 2012 #4
35% on income from one's OWN labor; 15% on income from another's labor; ... TahitiNut May 2012 #6
I wish we could pin this to the top of the forum. Starry Messenger May 2012 #2
+1 nt TBF May 2012 #7
On income. What is needed is a more comprehensive consideration L. Coyote May 2012 #3
Anybody got the corresponding chart for capital gains rates??? Scuba May 2012 #5

dawg

(10,624 posts)
1. Except that it's only 15% on long-term capital gains.
Tue May 15, 2012, 09:47 AM
May 2012

Which includes the fees earned by hedge fund managers.

 

tk2kewl

(18,133 posts)
4. yep... those numbers are only for W2 earnings
Tue May 15, 2012, 10:40 AM
May 2012

the ultra rich investor class gets to pay far less

TahitiNut

(71,611 posts)
6. 35% on income from one's OWN labor; 15% on income from another's labor; ...
Tue May 15, 2012, 12:16 PM
May 2012

... and 0% on income from the DEATH of another.

What's not "fair" about that? It's colonial plantation economics - the GOP ideal.

Starry Messenger

(32,342 posts)
2. I wish we could pin this to the top of the forum.
Tue May 15, 2012, 09:50 AM
May 2012

I'm tired of hearing how put upon the wealthy are in the US.

L. Coyote

(51,129 posts)
3. On income. What is needed is a more comprehensive consideration
Tue May 15, 2012, 10:31 AM
May 2012

so the entire tax burden is shown. What percentage of total income is actually spent on taxation would be the best metric. Poor people spend a higher percentage of income on sales and gas taxes, for example, so does this go up or down when the entire financial accounting is considered?

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