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To: NoLibZone; edpc

Tax table says the tax on $1,700,000 is $565,308. They are in the 35% bracket.

Must have SOME accountant.

Millionaires and Billionaires.


24 posted on 04/18/2011 1:36:23 PM PDT by SargeK
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To: SargeK
Yep....and here's a direct quote from the speech he gave last week.

But to reduce the deficit, I believe we should go further. And that’s why I’m calling on Congress to reform our individual tax code so that it is fair and simple -- so that the amount of taxes you pay isn’t determined by what kind of accountant you can afford.

He had better hope Geithner didn't do them.

25 posted on 04/18/2011 1:44:34 PM PDT by edpc (Tagline under construction: Your American Recovery and Reinvestment Act dollars at work.)
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