Senators Clinton and Obama claim that they will abolish the tax cuts for the rich?
Johnny Law III asked:
What tax cuts? The rich have a 35% income tax rate, plus a 15% capital gains tax. I’m not rich, I make $31,000 a year after taxes, I just want to know what these tax cuts are that they’re getting. It seems to me that the rich pay the majority of the taxes.
MYRON
What tax cuts? The rich have a 35% income tax rate, plus a 15% capital gains tax. I’m not rich, I make $31,000 a year after taxes, I just want to know what these tax cuts are that they’re getting. It seems to me that the rich pay the majority of the taxes.
MYRON