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To: Snardius

The “wealthy “being any family that earns above $100,000 a year? That’s the way it usually goes. The funny thing is that the truly rich know how to dodge all these tax increases. That’s why liberals like Soros and Buffet are in favor of them. They just soak the upper-middle class and, eventually, the middle-middle class and then finally the lower-middle class. Look at the history of the damned alternative tax.


13 posted on 08/07/2007 8:46:38 AM PDT by RobbyS ( CHIRHO)
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To: RobbyS

The truly wealthy don’t have earned income - it’s all investment income, most of which is tax-sheltered through qualified retirement plans, deferred compensation, life insurance trusts and annuities.
The bulk of income taxes are paid by small business owners and salaried employees, with the top 20% of earners paying 85% of the total. Hillary’s people are those in the bottom 50% - those who benefit from government spending far more than they pay.


17 posted on 08/07/2007 8:53:11 AM PDT by andy58-in-nh (There are two kinds of people: those who get it, and those who need to.)
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