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OGShocker
10-11-2004, 01:08 PM
Middle Class Said To Pay Higher Tax Rate Than Heinz Kerry And Kerry
Mon Oct 11 2004 10:22:17 ET
Stephen Moore, president of the Club for Growth, writes in the WALL STREET JOURNAL on Monday: "According to the Kerrys' own tax records, and they have not released all of them, the couple had a combined income of $6.8 million in income last year and paid $725,000 in income taxes. That means their effective tax rate was a whopping 12.8%.... "Under the current tax system the middle class pays far more than the Kerry tax rate. In fact, the average federal tax rate -- combined payroll and income tax -- for a middle-class family is closer to 20% or more. George W. and Laura Bush, who had an income one- tenth of the Kerrys', paid a tax rate of 30%. ...
"Here is the man who finds clever ways to reduce his own tax liability while voting for higher taxes on the middle class dozens of times in his Senate career. He even voted against the Bush tax cut that saves each middle-class family about $1,000." The Kerrys "have unwittingly made the case for what George W. Bush says he wants to do: radically simplify and flatten out the tax code. ... So before John Kerry is given the opportunity to raise taxes again on American workers, shouldn't he and Teresa at least pay their fair share?"
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058
10-11-2004, 01:23 PM
What????? and give up his elitist status???? He thinks the peons and serfs should sholder the tax burden. Afterall we would not want to see the Kerrys have to give up one or two of their many houses or their Gulfstream jet, now would we? :cry: :cry: :cry: :yuk:

Dave C
10-11-2004, 03:57 PM
WOW...12.8% thats low :220v:
I heard somewhere that she holds a lot of $ in muni's which is, of course, tax free income.
most "employees" pay at least 15%(or more) income tax PLUS 7.65% payroll taxes.... thats 22.65%. (most of "us" are either 27%, 30% or 35% on income plus 7.65% payroll) :cry:
Plus add your state taxes... (cali is like 4-6% income tax plus 1.2% payroll tax)
Plus the Kerry's don't get to take a deduction for their mortgage interest (if they have any)

MagicMtnDan
10-11-2004, 05:37 PM
Another example of the hypocracy that is John Kerry!
He's going to raise taxes like nobody's business (he'll have the largest single-spending program in US history when he provides every American with socialized medical care!) and what does he care - he's already paying less than everyone except for poverty-level Americans.
And even if he does get a chance to raise our taxes, he won't notice it anyway, he and his loser wife have way too much money and their tax rate still won't come close to the rate average Americans pay. :sqeyes: