CTH Public Relations

• Torture by CO2HOG [May 02, 2012, 10:19:42 PM]
• China by CO2HOG [March 31, 2012, 02:24:13 PM]
• Global Warming Watch by TonyBlair [October 09, 2011, 06:41:37 PM]
• Solar Panel Doubts by TonyBlair [September 02, 2011, 08:25:23 AM]
• Barack Hussein Obama, Emp... by TonyBlair [August 10, 2011, 08:57:54 PM]
• National Debt Clocks and ... by Counter [August 08, 2011, 10:30:42 AM]
• Scanner or Pat Down? by Vocal Observer [June 28, 2011, 01:09:51 PM]
• Rise of the Police State by Vocal Observer [June 28, 2011, 01:01:03 PM]
• Who can we trust? by Vocal Observer [June 08, 2011, 01:07:59 PM]
• Anthony Wiener's wiener i... by CarolinaBuckeye [June 01, 2011, 11:29:22 PM]
• Democrat's Culture of Cor... by TonyBlair [May 18, 2011, 06:55:46 AM]
• Hey Obama..You want Taxes... by Vince the Fox [April 21, 2011, 03:12:25 AM]
• Obama Policy Watch by TonyBlair [April 20, 2011, 06:56:14 AM]
• George W. Obama by TonyBlair [April 19, 2011, 06:11:57 AM]
• The Religion of Peace Upd... by TonyBlair [April 12, 2011, 06:43:20 AM]

[Guest]

Welcome, Guest. Please login or register.

1 Hour 1 Day 1 Week 1 Month Forever

Login with username, password and session length

Members

• Total Members: 329
• Latest: boborians

Stats

• Total Posts: 40602
• Total Topics: 5158
• Online Today: 21
• Online Ever: 252
• (April 10, 2011, 07:49:21 AM)

Users Online

Users: 0
Guests: 15
Total: 15

EducateWorthington.org

The 912 Project - Glenn Beck

912 Group of Central Ohio

Please let me know if you'd like your link added

Buffett Tells ABC Rich Americans Should Be Paying `a Lot' More in Taxes

http://www.bloomberg.com/news/2010-11-21/warren-buffett-tells-abc-rich-people-should-pay-more-in-taxes.html

Ask him why then did he donate his mega-billions to a charitable foundation rather than paying the estate tax.

He is sheltering a lot of tax dollars with the resulting charitable contribution.

Would he agree to a big tax on just billionaires?

Details Count

This Bloomberg article got it WRONG.

"The legislation would retain lower tax rates and increased credits that apply only to the first $250,000 of a married couple’s gross income or $200,000 of a single person’s."


Gross income is the amount recorded on line 37 of IRS form 1040.

Federal income taxes are not based on line 37.

1040 Line 43 is the TAXABLE INCOME. Taxable income over $250K/year will increase.

Your family may have a gross income of $1 million/year.  No matter. You may owe $0 in taxes. It's the taxable portion that counts.

Generally speaking, no family with a gross income of less than $280,000/year and a deduction on a mortgage will pay any more in federal taxes.