The defenders of wealthy people are constantly telling us that the tax rate for the wealthy needs to be reduced. But the reality is that they pay nothing near what the defenders claim.
Entries Tagged as 'Taxes'
Those Poor Overtaxed Multi-Millionaires
February 23rd, 2010 · No Comments · Taxes
Tags: Multi-Millionaires·Taxes
Taxing Millionaires
January 4th, 2010 · 1 Comment · Taxes
All we ever hear is how taxing the wealthy will destroy our economy and ultimately decrease the tax base. But Veblen brings it all back into reality in a way anyone can understand.
Tags: Millionaires·Taxes
Whose Estate Tax?
December 5th, 2009 · 2 Comments · Taxes
So begs the question — just exactly who are the members of congress trying to protect by lowering and/or eliminating the estate tax?
Tags: Estate Taxes
CNBC Still Pushing Legalization Of Tax Havens (Video)
July 10th, 2009 · No Comments · Wall Street
I leave it up to you to decide who was CNBC’s “friend” in helping to promote tax havens. And I invite you to visit each site and decide who you want speaking up for your personal tax rights.
Tags: CNBC·Dan Mitchell·Darrell Issa·Dennis Kneale·Michelle Caruso-Cabrera·Nicole Tichon·Tax Evasion·Taxes·Wall Street
Surprise! Another Free Marketeer Thinks Taxing Corporations Is Bad
July 1st, 2009 · No Comments · Taxes
My guess is if they were offered a choice of what they have now or a lower rate with the removal of their “goodies”, they would gladly choose what they have now. Not acceptable? Oh! Then let’s just give them what they really want — zero tax obligation.
Tags: Corporate Taxes·Geoff Colvin·Taxes
Yea, Right! Wealthy Folks Are Treated Just Like Us
March 28th, 2009 · No Comments · Taxes
Now it’s official. The largest portion of the penalty will be forgiven and, best of all — no jail time! What a great deterrent for future crooks; but only if you are a wealthy crook.
Tags: Taxes
Damn The Tax Holiday Proposed By Democrats
February 3rd, 2009 · No Comments · Taxes
Several companies that participated in the 2004 holiday laid off several thousand people within the following two years. Pfizer brought back $37 billion and received the appropriate tax break. The following year they laid off 10,000 people.
Nothing Is Too Good For Taxpayer Money; Not Even Foreign Investors
September 20th, 2008 · 1 Comment · Wall Street
September 20, 2008
The Facts
Once again, our elected and appointed officials have issued another “get out of jail free” card to another public institution. The justification? Same as usual; “too big to fail”. According to CNBC this brings the total bailout cost to taxpayers to $850 billion so far this year. (Others put the number at [...]
Tags: AIG·Financial Bailout·Wall Street
