On Tue, Apr 27, 2010 at 6:25 AM, Virgil Bierschwale <vbier...@ktc.com> wrote: > while I agree with the intent of this letter, I can not find no basis > for the fact that "almost half" pay no federal income tax. > > my research of the IRS databook series shows that at the current time, > there are about 154 million 1040 based employees that pay taxes. > > I have written CNBC's Larry Kudlow many times as he too cites this all > the time and I asked him to show me the proof, but it has not happened. > > my suspicion is that those with large amounts of money and large amounts > of deductions pay no taxes, but I've been unable to prove this. ----------------------------
Just a heads up for some of you. Rich people pay little in taxes or 0 in taxes is a farce. The only way to achieve this is to spend A LOT MORE money on other charities. Henry Ford would brag that he paid No Income Tax. Instead he funded the arts. Just as your tax dollars go to those who don't have what you have Mr. Ford did likewise and built theatres, funded orchestras and art galleries. He had the power to give the money as he saw fit and that is egotistical to say the least. A few on this list whine because someone else makes those decisions for them. -- Stephen Russell Sr. Production Systems Programmer CIMSgts 901.246-0159 cell _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/i2gc4313dbe1004270525q86c87caan5286559f98117...@mail.gmail.com ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
