Quote:
Originally Posted by Homeslice
And my point was, plenty of "rich" people who ordinarily would be in the 35% bracket could easily bring their effective rate down below mine.
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And I'm telling you that you are wrong.
To get below the 28% bracket, your AGI would have to be below $82,400 (Single, year 2010). Deductions, creative accounting, etc., your average $1mil plus earner is not paying taxes on $82k or less of income.
Quote:
Originally Posted by Homeslice
Bottom line is, I don't feel sorry for rich people. They have more freedom & opportunity to GET rich in this country than practically any other.
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Truth.
Same goes for poor people.
Ain't this country great?