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18% taxes on $660,000 income

Started by musclehead, Sat 13, Apr 2013, 12:15:18

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musclehead

Sat 13, Apr 2013, 12:15:18
as reported by fox news Obama paid the minimal amount of taxes on his income. I have absolutely no problem with that. however this man campaigned on the top 1% not paying their fair share and when he had a chance to pay "his fair share" he was as capitalistic as any fat cat on wall street. we heard many times Romney only paid 13% taxes on capital gains, will we ever hear anything about this on lame stream media? nope.

rank hypocrisy :tickedoff:
'in the tunnels uptown, the Rats own dream guns him down. the shots echo down them hallways in the night' - the Boss

Patrick

#1
Sat 13, Apr 2013, 12:36:56
He only paid on $660,000 ?

cookiedough

#2
Sat 13, Apr 2013, 13:44:04
what's a capital gain?  For those of us who don' t have enough money to 'gain' anything.   :tickedoff:

musclehead

#3
Sat 13, Apr 2013, 14:52:17
Quote from: cookiedough on Sat 13, Apr 2013, 13:44:04
what's a capital gain?  For those of us who don' t have enough money to 'gain' anything.   :tickedoff:



those that are the boss, that don't take a salary, pay taxes on investment. capital gain..... taxes were payed on the money originally earned, unless the wealth was generational, like the Kennedys  ;)
'in the tunnels uptown, the Rats own dream guns him down. the shots echo down them hallways in the night' - the Boss

Hotrodwing

#4
Sat 13, Apr 2013, 15:21:55
 :tickedoff:That A HOLE paid less in taxes than me and he makes alot more  :tickedoff:

old2soon

#5
Sat 13, Apr 2013, 19:30:04
Quote from: Hotrodwing on Sat 13, Apr 2013, 15:21:55
:tickedoff:That A HOLE paid less in taxes than me and he makes alot more  :tickedoff:
Britman says it best-the obuminater is a FOUL man indeed.  :cooldude: Lie cheat and steal and blow smoke.  :-\ That guy is a real piece of wurk.  :evil: RIDE SAFE.
Today is the tommorow you worried about yesterday. If at first you don't succeed screw it-save it for nite check.  1964  1968 U S Navy. Two cruises off Nam.
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cookiedough

#6
Sat 13, Apr 2013, 20:21:40
Quote from: musclehead on Sat 13, Apr 2013, 14:52:17
Quote from: cookiedough on Sat 13, Apr 2013, 13:44:04
what's a capital gain?  For those of us who don' t have enough money to 'gain' anything.   :tickedoff:



those that are the boss, that don't take a salary, pay taxes on investment. capital gain..... taxes were payed on the money originally earned, unless the wealth was generational, like the Kennedys  ;)

Okey der',  me thinks I don't know anyone like that there.   :coolsmiley:

Romeo

#7
Sat 13, Apr 2013, 21:44:12
also read that the buffoon we call vice president had an adjusted gross income of just north of $387,000 and gave a whopping $7000 to charity. what a hipocrite. that really demonstrates how much he cares for the downtrodden amongst us.

Stanley Steamer

#8
Sat 13, Apr 2013, 22:00:52
Stanley "Steamer"

"Ride Hard or Stay Home"

alph

#9
Sat 13, Apr 2013, 23:26:56
i've always believed; the more money you make, the less work you do. so shouldn't the same be with taxes?  the more money you make, the less in taxes you pay?

seems about right...... 

i found out that our states sales taxes are deductable from our federal income tax, but, you've got to keep ALL those reciets and document ALL of it!!  so, if you plan on buying something big (we bought a new vehicle last october) it pays to keep track of every penny you spend for that year.

the rich keep getting richer 'cause they can afford the accountants to woddle through all the legal crap designed to steal money from the working class. 
Promote world peace, ban all religion.

Ride Safe, Ride Often!!  :cooldude:
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