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To: Red in Blue PA

You are confusing marginal rate (tax on next dollar earned) with average rate (total tax paid divided by taxable income).

But 20% IS INDEED a mighty low average rate for a couple making almost $500k.


6 posted on 04/11/2015 2:30:16 PM PDT by ProtectOurFreedom (For those who understand, no explanation is needed. For those who do not, no explanation is possible)
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To: ProtectOurFreedom

I am not s=confusing anything. Obama constantly says paying taxes is a great thing; he should lead by example instead of paying the bare minimum.


8 posted on 04/11/2015 2:45:29 PM PDT by Red in Blue PA (war is peace, freedom is slavery, ignorance is strength, obama loves America)
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