Agreed, but for Hillary, to the unknowing, it looks like she is doing something about the low taxes paid by the rich. Even though because they can afford to pay good tax consultants they probably won't.

I beg to differ.

snipped...

You missed the underlined.

And the last sentence is still true, because without advise we would be paying even higher taxes, because the tax laws are only understood if you study them. Yes, even though retired I still fall into the higher rate tax paying group.

I use an accountancy firm that has an ex-chief tax inspector on its staff, for that very reason.

Agreed, but for Hillary, to the unknowing, it looks like she is doing something about the low taxes paid by the rich. Even though because they can afford to pay good tax consultants they probably won't.

I beg to differ.

The 'rich' do not have 'low taxes'.

First, what do you mean by 'rich'? Top 1%?? Top 10%?? Top 50%??

The top 1%:
Income level: AGI >= $418,713.00 per year.
Share of AGI = 19.04%.
Share of Federal Income Tax revenue = 37.8%.

Top 10%:
Income level: AGI >= $127,695.00 per year.
Share of AGI = 45.87%.
Share of Federal Income Tax revenue = 69.8%.

Top 50%:
Income level: AGI >= $36,841.00 per year.
Share of AGI = 88.51%.
Share of Federal Income Tax revenue = 97.22%.

For completeness -- Bottom 50%
Income level: AGI <= $36,841.00 per year.
Share of AGI = 11.49%.
Share of Federal Income Tax revenue = 2.78%.

Source: http://taxfoundation.org/sites/taxfoundation.org/files/docs/TF_FF491_Summary%20of%20the%20Latest%20Federal%20Income%20Tax%20Data%2C_2015%20Update.pdf

Low taxes paid by the 'rich'?? I Don't Think So.

The 'top 10%' earn almost 46% of the income, but pay 69.80% of the Federal Income Taxes...

The 'top 1%' earn around 19% of the income, yet pay 37.8% of the Federal Income Taxes...

These two groups, plus the entire top 50% pay significantly MORE of the Federal Income Tax than their share of the Income being taxed might suggest.

The entire bottom 50% pay next to none ( < 3%) of the Federal Income Taxes collected.

The 'rich' are getting soaked on their taxes, and the 'poor' are freeloading.

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https://youtu.be/iY57ErBkFFE

#Texit

Don't blame me, I voted for Johnson(L) in 2016.

Truth is dangerous... especially when it challenges those in power.

Agreed, but for Hillary, to the unknowing, it looks like she is doing something about the low taxes paid by the rich. Even though because they can afford to pay good tax consultants they probably won't.

Still doesn't create new, long term private sector jobs. Nor stop manufacturing jobs from leaving.

The Capitalist's are greedy. And the Left Wing 'Leaders' just want that money, to satisfy their own greed.

How can people be soooo stupid to believe these frauds?

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Those who cannot remember the past are condemned to repeat it.
--- George Santayana

Power tends to corrupt and absolute power corrupts absolutely.
--- Lord Acton

Agreed, but for Hillary, to the unknowing, it looks like she is doing something about the low taxes paid by the rich. Even though because they can afford to pay good tax consultants they probably won't.

I wonder how that is going to help the white blue collar workers, even if they do still have a job and pay taxes.

About has much Clinton's. Har! ;^)

http://www.cnbc.com/2016/07/10/keep-eye-on-candidates-plans-for-your-wallet-advisors.html

Clinton's plan to reduce the exemption to $3.5 million and increase the top tax rate from 40 percent to 45 percent would affect an estimated 0.4 percent of estates. But her plan includes no indexing for inflation, which could result in larger numbers of estates being affected by it over time.
— By Sarah O'Brien, special to CNBC.com

Drink much?

I wonder how that is going to help the white blue collar workers, even if they do still have a job and pay taxes.

About has much Clinton's. Har! ;^)

http://www.cnbc.com/2016/07/10/keep-eye-on-candidates-plans-for-your-wallet-advisors.html

Clinton's plan to reduce the exemption to $3.5 million and increase the top tax rate from 40 percent to 45 percent would affect an estimated 0.4 percent of estates. But her plan includes no indexing for inflation, which could result in larger numbers of estates being affected by it over time.
— By Sarah O'Brien, special to CNBC.com

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So nice to see you around. I am left wondering why there was no reply to my asking how big an estate has to be before the estate tax is applied.

Waiting in anticipation.

https://www.google.com/search?q=estate+has+to+be+before+the+estate+tax+is+applied.&oq=estate+has+to+be+before+the+estate+tax+is+applied.&aqs=chrome..69i57&sourceid=chrome&ie=UTF-8

Isn't it wonderful that a simple search can reveal that one of Trumps financial proposals only applies to the top 0.2% of the US population.

I wonder how that is going to help the white blue collar workers, even if they do still have a job and pay taxes.

So nice to see you around. I am left wondering why there was no reply to my asking how big an estate has to be before the estate tax is applied.

Waiting in anticipation.

https://www.google.com/search?q=estate+has+to+be+before+the+estate+tax+is+applied.&oq=estate+has+to+be+before+the+estate+tax+is+applied.&aqs=chrome..69i57&sourceid=chrome&ie=UTF-8

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Dull who was once a worm your perception of reality is very biased. You are still smoking the good stuff. In other words I call BS, as I challenged Clyde cite examples or stop wasting bandwidth.

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When DEM/Lib/COMMIE/Socialist/Leftist/Anarchists PROTESTORS and RIOTERS are Calling for Da 'Murder' of Our BlueLives, Where Is Da LameStreamClintoNewsNetworks CONDEMNATIONS and BALLISTIC Ad Nauseam Commentaries? Answer: NOWHERE.

Their NON-STOP CONDEMNATIONS and BALLISTIC Ad Nauseam Commentaries 'bout DJTs 'Comment' Today is LAUGHABLE, when Their History of Coverage of REAL COMMENTS of PROTESTORS and RIOTERS Against BlueLives is Non-Existent.

DaYappinYapNetwork

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So nice to see you around. I am left wondering why there was no reply to my asking how big an estate has to be before the estate tax is applied.

Waiting in anticipation.

Over Regulation

Clyde cite examples and why. If you can't or don't that is just hot air.

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Just sitt'n here, listening to all the babbling brooks and smiling.........":D

Me too.

Despite their accusations.

They really don't understand what creates real and long term jobs.

They really don't understand that Consumers pay the Passed Along Business Taxes.

They really don't understand that high business taxes. Must result in transferring manufacturing jobs, and auxiliary jobs to Low Wage/Tax Countries.

Understanding that High Business Taxes and Over Regulation. Will eventually destroy the Working Class, and then the Economy.

I will be smiling at their responses.

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Those who cannot remember the past are condemned to repeat it.
--- George Santayana

Power tends to corrupt and absolute power corrupts absolutely.
--- Lord Acton

Just sitt'n here, listening to all the babbling brooks and smiling.........":D

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"Sour Grapes make a bitter Whine." <(0)>

- Would make all childcare expenses tax-deductible for parents

Doesn't help the low income or single parent as they usually have no tax liablity

- Wants to put the Keystone XL pipeline project back on the table

Why does the US need to import expensive oil, thought it had been announced that the US is back in the oil and gas export business.

- All business tax rates would plummet to 15 per cent to encourage growth

No proposals on where this business growth is supposed to happen

- Proposes moratorium on economic regulations in Washington

- Would allow overseas assets to come back to the U.S. at reduced tax rate

Why would they unless he propose 0%, have you looked to see what they pay offshore.

- Ends the estate tax, which seizes as much as 40 per cent of assets at death

Tell me, do you know the value an estate has to be before this tax is applied?

- Zero income tax for poorest, number of bands axed, top rate cut to 33pc

These tax cuts are less than he promised earlier, so presumably the promise to remove the tax liability for 75 million households has been cancelled. And the proposal on investment income is actually a gift to all those Wall St brokers.

The above is a major problem to defeat Trump.

Totally wrong, if you knew anything about economics you would realise it was a gift to the opposition, and proves he is no friend of the working person.

There was nothing in that reading of the teleprompter, to say how he is going to make America Great again, if anything it was accepting that the US has lost the trade war and he doesn't know how to do anything to rectify the situation.

And on that note you didn't mention his plans to tear up the trade agreements and impose import taxes, estimates say if those happen it would cost the average household up to $10,000/year.

- Zero income tax for poorest, number of bands axed, top rate cut to 33pc

Well--Ronald Reagan said that no man should have to pay more than 30% of his earnings to the government. I think that he was right. How would YOU like to pay in 30% of your earnings and then another big hit for Socialist Security and Medicare.

Also keep in mind that those in the top bracket tend to have capital gains which were fed by funds that were already taxed at the income tax rates.

Heh, the top earners get a significant amount of their remuneration in the form of incentive stock options, and capital gains (not income tax) can be paid on how much value they accumulate over the option price. Just one of the ways the top 1%ers can arrange to pay a smaller slice of their pay as income tax ...

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I think you'll find it's a bit more complicated than that ...

- Zero income tax for poorest, number of bands axed, top rate cut to 33pc

Well--Ronald Reagan said that no man should have to pay more than 30% of his earnings to the government. I think that he was right. How would YOU like to pay in 30% of your earnings and then another big hit for Socialist Security and Medicare.

Also keep in mind that those in the top bracket tend to have capital gains which were fed by funds that were already taxed at the income tax rates.

Poll: Clinton Opens Up Double-Digit Lead Over Trump, in 2 Way Race.

http://www.nbcnews.com/politics/2016-election/poll-clinton-opens-double-digit-lead-over-trump-n625676

First 'Legitimate' Poll showing Hillary over 50%

Unfortunately...

Same Poll shows, in a 4 Way Race, Hillary loses most of her increased percentage.

4 Way Race = Republican Controlled House of Representative's deciding race?

---

Those who cannot remember the past are condemned to repeat it.
--- George Santayana

Power tends to corrupt and absolute power corrupts absolutely.
--- Lord Acton

I just listened to The Donald speak for an hour in Detroit

- Would make all childcare expenses tax-deductible for parents

- Wants to put the Keystone XL pipeline project back on the table

- All business tax rates would plummet to 15 per cent to encourage growth

- Proposes moratorium on economic regulations in Washington

- Would allow overseas assets to come back to the U.S. at reduced tax rate

- Ends the estate tax, which seizes as much as 40 per cent of assets at death

- Zero income tax for poorest, number of bands axed, top rate cut to 33pc

The above is a major problem to defeat Trump.

"It's the economy, stupid"

Trump interrupted FOURTEEN times by protesters during economic speech

http://www.dailymail.co.uk/news/article-3729895/Trump-interrupted-TWELVE-times-protesters-economic-speech-audience-responds-standing-ovations.html

If the Left Wing Thugs, and the cursing Anti-Trump Media 'Pundits' don't stop:

They will ensure a Trump victory.

What don't they understand?

---

Those who cannot remember the past are condemned to repeat it.
--- George Santayana

Power tends to corrupt and absolute power corrupts absolutely.
--- Lord Acton

CharpCloneSaid:

After all rivers that catch on fire means factories won't have costly expenses.

I Watched and LIstened to DJT today Speaking In MotorCity and Know Business is Not Going Back to Bad Old Days, as Stated Above by A Man Lost In A Silent Spring.

Got Grip?

BIG BIG BIGLY Don fO Prez

Yap, oh fookin' Yap.

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