General Discussion

hfojvt

(37,573 posts)

9. example, Alice Walton

Sun Jan 26, 2014, 02:25 PM

Jan 2014

According to Forbes, she made over $350 million from Wal-mart dividends http://www.forbes.com/profile/alice-walton/

Sure, thanks to ACA, she will pay an extra 4.7% in taxes on that income. She will pay $16.45 million more.

But thanks to ATRA she will only pay 20% tax rate on dividend income, instead of 39.6%. A savings of $68.6 million.

Net tax CUT every year - $52 million.

Yeah, that really has to hurt her interests, eh Mr. Krugman? She must be crying all the way to the bank.

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Highlight:

Krugman: Obama and the One Percent [View all] ProSense Jan 2014 OP

tax rates apply to adjusted dollars. The tax loop holes greatly impact actual taxed dollars Herself Jan 2014 #1

Welcome to DU. I was just ProSense Jan 2014 #2

Uh oh, I suspect Krugman is now going to get thrown under the bus for praising Obama. stevenleser Jan 2014 #3

it isn't about "praising Obama" hfojvt Jan 2014 #5

What the hell are you talking about? ProSense Jan 2014 #8

failing to mention the richest 5% IS the lie hfojvt Jan 2014 #12

Your comment is pure nonsense. n/t ProSense Jan 2014 #13

and your snark is a boojum* hfojvt Jan 2014 #36

Snarks, and boojums, come from Lewis Carroll's 'The Hunting of the Snark' muriel_volestrangler Jan 2014 #50

that's where Zelazny (and Speicus) got it hfojvt Jan 2014 #79

So you're calling Occupy Wall Street liars for emphasizing on the top 1%. geek tragedy Jan 2014 #27

no, I call them fools hfojvt Jan 2014 #35

so, anyone who doesn't declare class war on the upper middle class is a fraud in your estimation nt geek tragedy Jan 2014 #48

I'm sure Professor Krugman will be heartbroken to learn that hardcore geek tragedy Jan 2014 #26

more ad hominem hfojvt Jan 2014 #37

you invented your own personal rubicon and pretended that Obama promised geek tragedy Jan 2014 #49

I love it when Obama supporters hfojvt Jan 2014 #72

you're the only one baying about how we need to stick it to teachers. geek tragedy Jan 2014 #73

stick it to teachers? hfojvt Jan 2014 #77

Say, whose idea was the "making work pay" credit? geek tragedy Jan 2014 #81

back to those ponies, eh? hfojvt Jan 2014 #88

Heh, classic ODS. geek tragedy Jan 2014 #89

and then President Obama let it expire hfojvt Jan 2014 #92

No, CONGRESS let it expire. Your psychological need to blame Obama geek tragedy Jan 2014 #94

well somewhere in there hfojvt Jan 2014 #96

I guess you could have cut a better deal by waving your Internet magic stick geek tragedy Jan 2014 #97

LOL LukeFL Jan 2014 #103

More nonsense ProSense Jan 2014 #82

again with the false dichotomy hfojvt Jan 2014 #90

This is ProSense Jan 2014 #91

no, it is a perfect example hfojvt Jan 2014 #93

It can't be a "perfect example" ProSense Jan 2014 #95

Except for ProSense Jan 2014 #10

If what he says is true then..... blackspade Jan 2014 #30

/\ THIS /\ nt octoberlib Jan 2014 #34

If by calling him a Cha Jan 2014 #41

Did Krgman switch busses? JHB Jan 2014 #42

more pro-Obama bullsh*t from Kruggers hfojvt Jan 2014 #4

There ProSense Jan 2014 #7

WTF? "Krugman, you are just a liar". That's the lie. jazzimov Jan 2014 #21

no, it is a simple fact hfojvt Jan 2014 #38

Diagnosis: ODS morphing into KDS. nt geek tragedy Jan 2014 #25

poor little plutocrats Vattel Jan 2014 #6

example, Alice Walton hfojvt Jan 2014 #9

Math FAIL ProSense Jan 2014 #11

honesty FAIL hfojvt Jan 2014 #15

More nonsense. ProSense Jan 2014 #16

your comment makes no sense n/t hfojvt Jan 2014 #85

Yes, it does, but ProSense Jan 2014 #86

For an "honesty FAIL", look in the mirror. nt jazzimov Jan 2014 #22

that's kinda MY line hfojvt Jan 2014 #74

K&R Whisp Jan 2014 #14

Don't forget ProSense Jan 2014 #18

Kick for ProSense Jan 2014 #17

I'm kicking your thread, ProSense. dawg Jan 2014 #19

Thanks n/t ProSense Jan 2014 #20

I wondered where the screaming and gnashing sounds were coming from Number23 Jan 2014 #23

. ProSense Jan 2014 #24

I wasn't serious. ProSense Jan 2014 #28

Oh, you know that. Number23 Jan 2014 #29

K&R!! Cha Jan 2014 #31

Sadly, Kraugman has become a full time cheerleader for this administration. Bummer. nt Demo_Chris Jan 2014 #32

LOL! ProSense Jan 2014 #33

.... Cha Jan 2014 #40

Ouch! Shoot that messenger! Times are tough when Nobel-prize winning liberal economist has to pampango Jan 2014 #39

What is there to disagree with? Demo_Chris Jan 2014 #44

rule of practice: when one person argues with numbers, and the other responds geek tragedy Jan 2014 #47

Numbers get you nowhere with republicans (one reason they hate Krugman). pampango Jan 2014 #67

+1 Cha Jan 2014 #101

Ha ha. nt geek tragedy Jan 2014 #43

Krugman is a Millionaire seveneyes Jan 2014 #45

FDR was a millionaire. It seems possible to be a millionaire and a liberal at the same time. n/t pampango Jan 2014 #75

FDR had power to change things for people seveneyes Jan 2014 #76

So liberal economists are judged by different rules than liberal politicians. Got it. pampango Jan 2014 #78

It'd be interesting to see the numbers for farther back... JHB Jan 2014 #46

Isn't that just on earned income? MannyGoldstein Jan 2014 #51

No, ProSense Jan 2014 #52

So the fed tax rate under Obama more than doubled for the wealthiest? MannyGoldstein Jan 2014 #54

Do you really ProSense Jan 2014 #55

No, it simply supports my contention that it would have to have roughly doubled. nt MannyGoldstein Jan 2014 #57

What "would have to have roughly doubled"? ProSense Jan 2014 #59

What values do you see on that chart MannyGoldstein Jan 2014 #60

What does that have to do with the OP? n/t ProSense Jan 2014 #62

Either my writing sucks this morning MannyGoldstein Jan 2014 #63

Actually, ProSense Jan 2014 #65

I have to say ProSense Jan 2014 #56

No, I'm confident that he's correct in what he said MannyGoldstein Jan 2014 #58

Wait ProSense Jan 2014 #61

I'm confident that he's not making things up MannyGoldstein Jan 2014 #64

What ProSense Jan 2014 #66

So what is - and is not - included in "Average Federal Tax Rate"? MannyGoldstein Jan 2014 #68

Ah, ProSense Jan 2014 #69

I guess those questions are difficult to answer. MannyGoldstein Jan 2014 #70

No, ProSense Jan 2014 #71

a mere mortal like yourself hfojvt Jan 2014 #100

Ha! Damn fine catch Number23 Jan 2014 #98

I have them at 22% hfojvt Jan 2014 #99

Impossible, Obama never does anything right Democat Jan 2014 #53

But he didn't tax them enough, so he SUCKS!!! riqster Jan 2014 #80

What about President Obama wanting to fast track the TPP MrsKirkley Jan 2014 #83

Obamacare Will Help Reduce Income Inequality ProSense Jan 2014 #84

This is why Sheldon and the Kochs hate him so much. eom Jamaal510 Jan 2014 #87

Kick! n/t ProSense Jan 2014 #102