Quote:
Originally Posted by Sean
What? You don't pay income tax on your wealth, you pay it on your income. Uninvested funds don't earn income, so you're not "making" 38% on anything.
Frankly, I'd be less inclined to vote for him if he was paying 40% on his investment portfolio, because it would show a lack of understanding of the tax system.
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Quote:
Originally Posted by Sean
That he's (theoretically) already paid taxes on? Do we have that data or are you speculating with no information?
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Give it a rest, Sean.
According to TWFix...
Anybody making over $375k or worth over $1 million:
Made their money without paying taxes.
Hide their wealth in offshore accounts.
Have been known to renounce citizenship to avoid taxation.
They also rape babies and infected your Grandmother with AIDS.