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America's maligned, oppressed, overtaxed wealthy (chart) (Original Post)
marmar
May 2012
OP
dawg
(10,625 posts)1. Except that it's only 15% on long-term capital gains.
Which includes the fees earned by hedge fund managers.
tk2kewl
(18,133 posts)4. yep... those numbers are only for W2 earnings
the ultra rich investor class gets to pay far less
TahitiNut
(71,611 posts)6. 35% on income from one's OWN labor; 15% on income from another's labor; ...
... and 0% on income from the DEATH of another.
What's not "fair" about that? It's colonial plantation economics - the GOP ideal.
Starry Messenger
(32,342 posts)2. I wish we could pin this to the top of the forum.
I'm tired of hearing how put upon the wealthy are in the US.
TBF
(32,118 posts)7. +1 nt
L. Coyote
(51,129 posts)3. On income. What is needed is a more comprehensive consideration
so the entire tax burden is shown. What percentage of total income is actually spent on taxation would be the best metric. Poor people spend a higher percentage of income on sales and gas taxes, for example, so does this go up or down when the entire financial accounting is considered?
Scuba
(53,475 posts)5. Anybody got the corresponding chart for capital gains rates???