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View Diary: Bartlett:  Teabaggers Totally Ignorant About Taxes (276 comments)

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  •  Yes (1+ / 0-)
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    Sherri in TX

    but income and capital gains are where the numbers get confusing. Most of the top earners take their salary in deferred compensation. So they are paying the majority of taxes on investments, not income. Capital Gains for long term are 15% so the 16% is probably a blended number. As for the link, I think it was a diary or comment here on Kos and I will have to dig it up from a few weeks ago.

    Loyalty to petrified opinion never yet broke a chain or freed a human soul in this world--and never will. Mark Twain

    by whoknu on Sat Mar 27, 2010 at 08:37:58 AM PDT

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