Re: For all of you I PAY MILLIONS IN TAXES read this
 

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Did you know that ross perot pays less in taxes in terms of percentage of taxes to income than the average american household. "The Millionaire Next Door"

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What's your point? [img]/images/graemlins/confused.gif[/img]

Re: For all of you I PAY MILLIONS IN TAXES read this
 

You have made several of these foolish posts and then contribute nothing to the ensuing discussion.

I smells me a troll.

Re: For all of you I PAY MILLIONS IN TAXES read this
 

Is this a great country or what!

When I filed my first income tax return from my paper route at 14, the top bracket was 92%. No, that's not a typo.

Re: For all of you I PAY MILLIONS IN TAXES read this
 

Well Ross Perot pays less in taxes because if the government made him pay his share he'd reveal that aliens really did land in Roswell, and that he was their leader.

Re: For all of you I PAY MILLIONS IN TAXES read this
 

I haven't really ever looked in these threads, but do you people who pay taxes ever deduct the ammount you paid in rake as a business expense?

Re: For all of you I PAY MILLIONS IN TAXES read this
 

A great book about tax inequities is Take the Rich off Welfare by Mark Zepezauer:
http://www.amazon.com/gp/product/0896087...ks&v=glance

It talks about things like the second mortgage deduction is a larger subsidy to the affluent than the entire budget of HUD.

Re: For all of you I PAY MILLIONS IN TAXES read this
 

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The top like 10% of wage earners pay like 70% of the total income tax taken in.... (or something approximately like this)

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And what is your point? That is the way numbers work.
The way income is distributed, if EVERYBODY paid a flat 10%, you would find that the top 10% of wage earners paid like 70% of the tax.

Re: For all of you I PAY MILLIONS IN TAXES read this
 

I calculated the income tax I would owe on my taxes at the time a few months ago. At that point in time I had 108k in income (after 10k in expense deductions). On that... I owed 46k.

It seemed really screwed up to me at the time. [img]/images/graemlins/frown.gif[/img]

Re: For all of you I PAY MILLIONS IN TAXES read this
 

This whole discussion is skewed with hard number arguments vs. percentages.

Re: For all of you I PAY MILLIONS IN TAXES read this
 

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I haven't really ever looked in these threads, but do you people who pay taxes ever deduct the ammount you paid in rake as a business expense?

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It is assumed rake is a business expense when you total your wins and losses so there is no need to write it off, as a pro you can just net it.