(03-15-2017 11:57 AM)WKUYG Wrote:  

(03-15-2017 11:47 AM)Redwingtom Wrote:  

(03-15-2017 11:33 AM)bullet Wrote:  

(03-15-2017 11:29 AM)South Carolina Duke Wrote:  38 Million .... taxed at a higher rate that's Warren Buffet or the The Obama's.

Well at around 125% of taxable income, higher than just about everyone.

You're being extremely disingenuous here.

The tax on this taxable income of $31.558 million was $5.310 million plus self-employment tax of $1.887 million for a total tax of around $7.197 million. So closer to 23%.

I don't have the time or the space to explain the AMT tax to you.

Now you are getting into something like what is the definition of "is" is...

you can call it what you want President Trump still paid all $38 million on taxes. Based on the same codes you and I pay taxes on. Not one of us doesn't try to use these codes to get the lowest possible tax rate we can. And pay the smallest amount we can.


So let me ask you. When you pay a cable or phone bill do you not consider every little tax/fee on it as coming out of your pocket and on the total? Or do you look at as I paid this amount because of the cable TV i watch and the .99 because of a 9-11 fee or the $1.23 as local library tax and the .37 as a fee to help house the homeless... and the other 3900 fees/taxes that make up your bill?

In the end ..it's all coming out of your pocket

Right...and I never said otherwise. I'm just explaining that the tax he paid was not all on his taxable income. It's disingenuous to try to claim that. That's all.