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45% don't owe U.S. income tax
- Thread starter bearice
- Start date
Quote from bearice:
Obama Paid only 26% Taxes on $1.7m
Eric Schoenberg's the leftist professor claims he paid only 1% in taxes, and wants taxes increased on the wealthy
Biden only paid 23%!
http://www.elitetrader.com/vb/showthread.php?s=&threadid=219039
no surprise here,given the fact that many Obama's nominees on various gvt positions have some unpaid taxes..
Timothy Geithner,United States Secretary of the Treasury comes to mind...the guy, who can't get his taxes straight is running US treasury.how fucked up that is?
it is unlikely that the IRS will go after Biden or Obama, but i can guarantee you, that they will fuck you up as hard as they can, if you are going to hide few bucks in unpaid taxes..forget about tax evasion..federal crime..probably 25 to life for average joe with all assets seized..
I think Barack Obama is worth $5 Million and USA politicians must be worth collectively $5 Billion. How did USA politcians donate multi-Trillion dollars to giant bankrupt companies?Quote from bearice:
Paying taxes is similar to giving a Gun to a monkey. The monkey will Fire the Gun anywhere. Stop paying Taxes.
There is nothing wrong is donating personal money but you need confirmed permission from Tax-payers to donate their hard earned money.
Elitetrader member:
Federal Government spending is mandated to be for "the general welfare". When Government directs taxpayer money to an individual or group (and not for the general benefit of all Americans).... that's unconstitutional and against the law... as are earmarks and others.
9 Things The Rich Don't Want You To Know About Taxes
http://www.wweek.com/portland/article-17350-9_things_the_rich_dont_want_you_to_know_about_taxes.html
http://www.wweek.com/portland/article-17350-9_things_the_rich_dont_want_you_to_know_about_taxes.html
Quote from PocketChange:
For every year you are able to defer paying taxes you gain 50% working capital. If you make 20% through your business activities and are able to defer taxes for 5 years your compounded gains far exceed the cost and expenses of your army of lawyers and tax accountants.
How do you defer paying taxes?
Runningbear
Rep. Scott: Taxing those at $100,000 and up 100% will not cover deficit
If we were to tax these individuals 100 percent of their income, we still could not cover our deficit this year alone. As a matter of fact, to tax our way out of debt we would need to increase taxes across the board on every man, on every woman and every business by 60 percent. You simply cannot tax your way out of this debt.
Video: http://www.youtube.com/watch?v=u_5VKY6nD0s&feature=player_embedded
If we were to tax these individuals 100 percent of their income, we still could not cover our deficit this year alone. As a matter of fact, to tax our way out of debt we would need to increase taxes across the board on every man, on every woman and every business by 60 percent. You simply cannot tax your way out of this debt.
Video: http://www.youtube.com/watch?v=u_5VKY6nD0s&feature=player_embedded