11-14-2002, 11:36 AM
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#5
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Originally posted by Timber Loftis:
quote:
Originally posted by MagiK:
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What do you call "very much"? Is very much a Dollar figure? or is it a total percentage of their wealth?
Oh and while Im asking, can some one tell me, how much you have to earn in a year to be considered rich? I really want to know what THAT number is. 
The problem I have with the article is that there was not even an attempt at writing an objective article, the very first lines were biased and had a very liberal spin. It was not reporting, it was editorial.
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Well, the NY Times is oft-accused of being liberal. As for dollar figures, let me put it this way: If you can show me someone in the 30%+ tax brackets that is truly paying more than 10-15% of their income into income tax, I'll show you someone who needs some good tax advice. Please refer them my way.
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But who's fault is that? the person who is following the rules? or the dumb asses who allow the rules to be written like that?
And in answer to your first question, NO, I do not think the companies should be allowed to do that. Again though, I don't blame the companies, I blame the stupid ass law makers who allow it.
Edit: Dang, I think Im in the 32% bracket (for federal) can you help me out? of my taxes that is, not my income  Actually now Im curious again, Ihad this allworked out at one point, but its been all year and now I can't remember the numbers 
[ 11-14-2002, 11:39 AM: Message edited by: MagiK ]
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