Quote:
Originally Posted by Superbelt
Her tax rate, I am guessing, is probrably a result of Bush's staggered abolishment of dividend taxes. I am willing to bet* that most of Teresa's wealth is tied up in Heinz stock. Thus, her earnings for the year are virtually untouched.
Only about 7% of tax filings claim capital gains. Not exactly a tax cut for all of america. What that tax cut does is allow those who contribute nothing to society and live off their savings in the market to get by virtually paying nothing for the ?privilege of living in American prosperity. That tax cut has done a good job of depleting our treasury, that's a plus for Bush, right?
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Actually municiple bonds was what the WSJ suggested- something which Divendend taxes wouldnt cover
Also of note was the Former WSJ editors quote ( forgotten name)
The true rich dont mind taxes, because they already have there wealth
I think when it comes down to it- its true