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To: muawiyah

You are a moron on tax issues.
ALL income taxes are reported ON THE SAME FORM!
So, if 47% pay NO Income taxes?
They pay no:
Income tax on Labor (W-2)
Income tax on self Employment (Schedule C)
Income tax on dividends
Income tax on capital gains
Income tax on Social Security benefits.


250 posted on 09/17/2012 8:16:13 PM PDT by Kansas58
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To: Kansas58

Make $30 million and try it just once.


262 posted on 09/17/2012 8:18:16 PM PDT by muawiyah
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To: Kansas58

Review this thoroughly and get back to me about ALL TAXES vs just federal personal income taxes ~ http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Excise-Tax ~ i really don’t have the time nor energy to debate ALL vs. Some with someone who does not understand ALL.


273 posted on 09/17/2012 8:22:24 PM PDT by muawiyah
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To: Kansas58
Look here moron, it takes just a second to find an exception to your claim ~ http://www.irs.gov/uac/Form-2438,-Undistributed-Capital-Gains-Tax-Return ~ there are, of course, others.

IRS has thousands of different forms for all sorts of things. When you have a complex financial situation you will probably use more of them. When you have a simple financial situation you may use fewer of them.

284 posted on 09/17/2012 8:29:01 PM PDT by muawiyah
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