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indepat

(20,899 posts)

14. And Phil has accumulated his fortune in a period of time the debt of the Federal government has

Reply to muntrv (Reply #9)

Tue Jan 22, 2013, 10:22 PM

Jan 2013

mushroomed, due mostly to low income tax rates on great wealth, in large part so the Phil Michelsons of the world could quickly accumulate wealth (keep more of their own money) and equally in part, to starve the beast to give politicians an excuse to gut social security and Medicare.

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My supervisor could not understand why I don't sympathize with Phil Mikelson's whining [View all] muntrv Jan 2013 OP

Mikelson is an a-hole in one. kairos12 Jan 2013 #1

IF he's paying 63%, which I very very much doubt Zoeisright Jan 2013 #2

IF he's paying 63%, he has a crappy accountant. muntrv Jan 2013 #4

Agreed. He has a crappy accountant. TheOther95Percent Jan 2013 #11

If he's paying 63% under the current laws, he should fire his financial advisor. baldguy Jan 2013 #7

What state does he live in 39% Max federal leaves 24% he is claiming from the state? Vincardog Jan 2013 #3

You forgot the ACA tax...0.9% extra on income dkf Jan 2013 #16

Your 3.8% on Cap gains is in stead of the 39% MAX fed and not requiring 6.2 SS or 1.45 Medicare Vincardog Feb 2013 #18

So your supervisor cares what some rich joker thinks or sympathizes with him? Lint Head Jan 2013 #5

He responded with "63% is high for anybody. We pay too much as is." Boss does not make over muntrv Jan 2013 #6

Lefty is the forth highest paid sports figure in America Blue Idaho Jan 2013 #8

Ed Schultz just covered this right now. Says even if Phil pays 63%, he takes home $17 million. muntrv Jan 2013 #9

Thanks! Blue Idaho Jan 2013 #10

And Phil has accumulated his fortune in a period of time the debt of the Federal government has indepat Jan 2013 #14

Nobody in the US pays anywhere near 63% of their income in taxes. kestrel91316 Jan 2013 #12

He was including... lancer78 Jan 2013 #13

I saw a discussion about this earlier today. And the point was made that golfers think differently okwmember Jan 2013 #15

that may be the case, but these assholes don't sacrifice their bodies by swinging a club frylock Jan 2013 #17