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      01-07-2019, 08:57 PM   #83
Jockey
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Quote:
Originally Posted by djsaad1 View Post
Quote:
Originally Posted by Jockey View Post
Well, look at what happened with the last tax cut. The top brackets got the biggest break and the rest of us got a smaller one.

Let's also face it, the Top 1% don't pay their taxes via an income tax. Even Romney admitted he only pays around effectively 14-15% because of the way he makes his income.
Quoting someone's effictive tax rate doesn't mean much if you are not going to tell the whole story.

https://www.forbes.com/sites/charles.../#69cf952d7eff
Did you read that article? Because even it admits it's impossible to figure out what their effective tax rate was.

Even if the 30% is accurate (which even the article says it's a guess) that's still well below what they would've been taxed at if it was a payroll tax.