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hill2016

(1,772 posts)
Mon Apr 18, 2016, 07:43 PM Apr 2016

Post here if your effective federal tax rate this year was higher than Bernie's (13.5%) !!

Defined as

total tax (line 63) / total income (line 22)


I'm not sure what mine is yet because my accountant filed an extension.


28 replies = new reply since forum marked as read
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Post here if your effective federal tax rate this year was higher than Bernie's (13.5%) !! (Original Post) hill2016 Apr 2016 OP
Hell YES! boston bean Apr 2016 #1
Good. n/t lumberjack_jeff Apr 2016 #4
I'm glad you found another trifle to occupy your time The Velveteen Ocelot Apr 2016 #2
yeah hill2016 Apr 2016 #5
A good run? That was digital fucking diarrhea. cherokeeprogressive Apr 2016 #18
Do I get a 5% discount if I do? Dem2 Apr 2016 #3
Here. Nt NCTraveler Apr 2016 #6
lol Jefferson23 Apr 2016 #7
Nope. Sorry. Less than that. TheCowsCameHome Apr 2016 #8
15.2% Stallion Apr 2016 #9
Post here if you're net worth was more then Hillary's ($31 Million)!! jmg257 Apr 2016 #10
I'm confused: are we talking about min (yes) or max (no) brooklynite Apr 2016 #25
Calculated as mean. Shit no - wealth is great! Being poor sucks, not nearly as fun. jmg257 Apr 2016 #27
12.6%. The Velveteen Ocelot Apr 2016 #11
I pay more taxes than BS (in sales taxes and tobacco taxes together) ericson00 Apr 2016 #12
You know what Bernie really needs? A "charity"foundation. Vinca Apr 2016 #13
If I donate money to it, do I get a complementary arms shipment? n/t lumberjack_jeff Apr 2016 #15
1.4% n/t lumberjack_jeff Apr 2016 #14
Reply to my post if Wall Street will pay you 250k an hour.... Joe the Revelator Apr 2016 #16
5% Blue_In_AK Apr 2016 #17
Yes....but I am not part of the establishment. nt LexVegas Apr 2016 #19
Yep. nt stevenleser Apr 2016 #20
Which tax rate did your nanny fall under? frylock Apr 2016 #21
9.2 quaker bill Apr 2016 #22
Yes Jitter65 Apr 2016 #23
23.4%... brooklynite Apr 2016 #24
About the same. HassleCat Apr 2016 #26
Much higher Gothmog Apr 2016 #28

The Velveteen Ocelot

(124,785 posts)
2. I'm glad you found another trifle to occupy your time
Mon Apr 18, 2016, 07:47 PM
Apr 2016

since you finally ran out of material to keep BerniePopeGate going.

 

hill2016

(1,772 posts)
5. yeah
Mon Apr 18, 2016, 07:49 PM
Apr 2016

that was a good run wasn't it?

But I've got lot more goodies on Bernie's tax returns. Mortgage interest deduction is next...

jmg257

(11,996 posts)
10. Post here if you're net worth was more then Hillary's ($31 Million)!!
Mon Apr 18, 2016, 07:52 PM
Apr 2016

Defined as

We calculated Hillary Clinton’s net worth as $31.3 million
◦Hillary Clinton minimum possible net worth: $10.8 million.
◦Hillary Clinton maximum possible net worth: $51.7 million.

In January of 2009 Mrs. Clinton left the senate to become the U.S. Secretary of State. Her salary in that job was $186,600. While that’s not exactly small, It’s only $12,600 more per year than the salary of a U.S. senator at $174,000.

It hardly accounts for a $10 million hike in the Hillary Clinton net worth total the same year. Also in 2009, Clinton reported buying $5 million to $26 million in money market funds and real estate.

 

brooklynite

(96,882 posts)
25. I'm confused: are we talking about min (yes) or max (no)
Mon Apr 18, 2016, 09:25 PM
Apr 2016

Now, have we decided that wealth is bad? Even if we decided to save $500,000 by not having kids? Or worked responsibly to save every dollar we could?

Vinca

(52,063 posts)
13. You know what Bernie really needs? A "charity"foundation.
Mon Apr 18, 2016, 07:56 PM
Apr 2016

One that gives a small fraction of money away, but provides a nice living to the "directors."

 

lumberjack_jeff

(33,224 posts)
14. 1.4% n/t
Mon Apr 18, 2016, 07:58 PM
Apr 2016

This of course doesn't include FICA, Property, self employment, personal property, gas, utility, sales or other taxes. Add those and, like Sanders, it's about 30% - maybe a bit more.

I imagine that the nice thing about being rich would be that, although income tax rates would be higher, those rest would be much lower.

 

HassleCat

(6,409 posts)
26. About the same.
Mon Apr 18, 2016, 09:27 PM
Apr 2016

I think mine was a bit higher last year, and a bit lower this year. Or maybe vice versa.

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