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Progressive dog

(6,899 posts)

1. I love the way they stretch to attribute corporate taxes to

Reply to Bill USA (Original post)

Sun Mar 3, 2013, 08:15 PM

Mar 2013

taxes paid on capital gains so that they get a tax rate of 100% on income never seen. Pretty clever. Same with federal excise tax. Then they exclude negative incomes from the lowest income quintile but include them in the totals.
I notice that the perks given to the highest earners are not part of their income but medicaid and medicare are part of income.
They allow the wealthy to defer any amount of capital gains and if they don't convert it to cash, it doesn't count as income.

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Highlight:

'Taxes on the Rich at a 30 yr High - Tax Policy Center' - monstrous disinformation by AP writer [View all] Bill USA Mar 2013 OP

I love the way they stretch to attribute corporate taxes to Progressive dog Mar 2013 #1

Also note that this data starts in 1979... JHB Mar 2013 #2

very good points! Bill USA Mar 2013 #3

That was a crappy piece jsr Mar 2013 #4

How 'bout this headline instead: "Income for the rich at an all time high" ... Myrina Mar 2013 #5