Nick Hanauer - Job Creator Myth

[NC_Skins]

Originally Posted by firstdown

BTW: The top 1% paid a Income tax rate of 24% and if I'm correct that does not include a 4% or 8% SS tax or State Taxes. Its BS when people say the rich don't pay a fair amount in taxes they pay more then their share in taxes. Now can they afford to pay more is what should be debated.

False.

What their code is showing they SHOULD pay, and what they did pay is two different things. Stop going by the tax code, it's not right.

Warren Buffet has already been on record as showing he had a lower tax rate than his secretary. The top 1% are hiding their assets and money in off-shore accounts to avoid taxation.

Romney has even stated he is paying 14% tax rate.

Stop with your misinformation about how the 1% is paying a 24% tax rate. Until they close all the tax loopholes, your statement is invalid and most definitely false.