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To: Beave Meister

That means his total income tax rate is below the rate for long-term capital gains.

Is that what his entire income consists of?

Income tax on regular income is considerably higher, at least if your income is $175K, which is what a Senator makes.


3 posted on 04/17/2016 8:57:01 PM PDT by Steely Tom (Vote GOP: A Slower Handbasket)
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To: Steely Tom
Is it that because of his age he has some retirement incomes that are tax deductible or partially tax deductible? Retirement savings, Social Security, pensions etc? There are also some automatic credits that go with age.

There's nothing unusual about his income tax rate for his income. Taking available deductions isn't hypocritical, it's following the law.

5 posted on 04/18/2016 1:54:50 AM PDT by grania
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