Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: silverleaf
Wait a minute - this is the guy whose secretary paid more taxes than he did?

No, he said his secretary pays a higher tax rate than he does.

14 posted on 10/10/2016 6:00:01 PM PDT by DoodleDawg
[ Post Reply | Private Reply | To 3 | View Replies ]


To: DoodleDawg

Oh okay

And probably draws just about the same taxable income


16 posted on 10/10/2016 6:01:10 PM PDT by silverleaf (Age takes a toll: Please have exact change)
[ Post Reply | Private Reply | To 14 | View Replies ]

To: DoodleDawg

“No, he said his secretary pays a higher tax rate than he does.”

The only way that happens is if he’s taking substantial deductions, or if he is hiding income in some other sheltered fashion. I smell hypocrisy.


19 posted on 10/10/2016 6:03:14 PM PDT by pieceofthepuzzle
[ Post Reply | Private Reply | To 14 | View Replies ]

To: DoodleDawg

That’s because all his income is from capital gains, not a salary or a wage. Capital gains are taxed at a lower rate than salary or wages.


61 posted on 10/10/2016 6:49:56 PM PDT by ought-six (Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson