DailyMarkets.com - America’s Highly Progressive Federal Tax System
DailyMarkets.com - America’s Highly Progressive Federal Tax System |
America’s Highly Progressive Federal Tax System Posted: 15 Jul 2012 10:10 AM PDT Warren Buffett made this claim in an August 2011 NY Times article titled “Stop Coddling the Super-Rich”: “Last year my federal tax bill — the income tax I paid, as well as payroll taxes paid by me and on my behalf — was $6,938,744. That sounds like a lot of money. But what I paid was only 17.4% of my taxable income — and that's actually a lower percentage than was paid by any of the other 20 people in our office. Their tax burdens ranged from 33% to 41% and averaged 36%.” The chart … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards |
My Sense On Cents Solution For America Posted: 15 Jul 2012 08:31 AM PDT Although many outlets and institutions within our society deem discussion of traditional family structures to now be off-limits or politically incorrect, the simple fact is our society is suffering tremendously from the breakdown of the two parent family. |
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