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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
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To: pieceofthepuzzle
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.

No, it's quite possible. If your income is largely qualified dividends or long-term capital gains, your overall tax rate could have been in the 15-20% range back before Obama changed it.

His secretary would have been paid very well, with no substantial deductions, to be above that.

46 posted on 10/10/2016 6:26:35 PM PDT by justlurking
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