Cindy McCain made $4.2M paid 26% tax rate

1BiGG1

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Obama made 4.2 million last year, paid 1.4 million in federal taxes and gave 240,370 to charity. Apparently his socialist agenda doesn’t start at home.

Bill & Hill made 20.4 million last year and paid 5.1 million in taxes.
 

Wyldgusechaz

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She paid $1.1 million in taxes. Seems more than fair. What do you mean "bargain?" It was HER money. Not yours. Why should she pay, as a percentage, more than anyone else?
 
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deleted213967

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Their tax lawyers can beat our tax lawyers. :frown1:
 

D_Bob_Crotchitch

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I wonder how many of you visit museums, historical buildings, art programs endowed by wealthy people, and really enjoy yourself? If they had never been allowed to keep some of their earnings, you wouldn't have any of that to visit.
 
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Mr Ed in Mass

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I heard a story,that in the 20's,Rockerfeller was constantly told to share HIS wealth. He calculated his wealth by the number of people in the US.After that, every time it was brought up,he gave them THEIR dime.
 

B_VinylBoy

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ABC News: Cindy McCain Reports $4.2 Million in 2007 Income

She made 4,200,000 and paid an overall tax rate of 26% sounds like a bargain to me.

And people always complain about that top tax rate of 36 or 39 something percent... :rolleyes:

How many people actually pay it?

You can always count on good, old fashioned mathematics to cut through the rhetoric when it comes to taxes. Unlike some greedy people out there, numbers don't lie.
 

Wyldgusechaz

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her money yeah right
she did not work for it

OK whose money was it? Yours? Mine? Mickey Mouse's? Nancy Pelosi's? Barney Franks?

Someone in her family line built a business that spits out cash and that cash goes to his/her children/relatives. That seems right to me. And how do you know she is not in charge of managing the business?

Are you saying parents can't give the fruits of their labor to their children?
 

D_Bob_Crotchitch

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yes buildings are very nice I can go eat them when I am hungry and live in them when I am homeless

Why does anyone else's hard work, and saving entitle you to take it from them for your own lifestyle? My mom worked 3 jobs to put herself through college. I alternated working a semester and going to school a semester to put myself through college. I don't owe you a damn thing. You could have done the very same thing to benefit yourself. In fact, why don't you get off your homer simpson fat donut and start?
 

Wyldgusechaz

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Why does anyone else's hard work, and saving entitle you to take it from them for your own lifestyle? My mom worked 3 jobs to put herself through college. I alternated working a semester and going to school a semester to put myself through college. I don't owe you a damn thing. You could have done the very same thing to benefit yourself. In fact, why don't you get off your homer simpson fat donut and start?

This is the conflict at the core of our tax system. Dolts like ChuckFinn all rich people just fell into their money.

Understand this: For someone to get to the top of a Fortune 500 company, he/she had to pass muster at several key spots along the way. They just don't luck out to get to the top. You can't even sleep your way to the top. It is an absolutely vicious dog kill dog path, littered with others who failed and were killed and eaten by the system.

Lets use Jack Welch as an example. Short, bald, but dynamic, he lead GE to huge profits. Do you think anyone could just do that?

Our tax system simply re-distributes money from the hard charging, intelligent, super achievers like Hootie's mom, and gives it to sloths like ChuckFinn. Thats it, at its core. Thats what Barack is going to do even more.