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Results 1-10 of about 220 for the
Sheltering
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... first makes 40k annually, the second 100k and the third 400k and the fourth 1,000k. For sake of easy math, we will set the flat tax rate at 10%. Under this system (ignoring any tax sheltering) the people would pay, 4k, 10k, 40k and 100k respectively. After tax they would have 36k, 90k, 360k and 900k, respectively. The total tax collected in this example is 154k. Now, let us ...
Tags:
tax evasion
obama
republicans

http://community.livejournal.com/conservatism/3169974.html
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Published: 2 months ago (Tue, 05 May 2009 21:32:33 PDT); 7600 bytes
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conservatism
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