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Linda McMahon: 47% PAY NO TAXES! (Original Post) Dawson Leery Sep 2012 OP
Income Taxes - which means Mitt R is in this "47%" he pays no Income taxes either. democrat_patriot Sep 2012 #1
or less...maybe zero, depending on what kind of investment income. HiPointDem Sep 2012 #2
and that would be "federal income taxes" Spider Jerusalem Sep 2012 #3

democrat_patriot

(2,774 posts)
1. Income Taxes - which means Mitt R is in this "47%" he pays no Income taxes either.
Tue Sep 18, 2012, 04:05 PM
Sep 2012

He pays 15% on his investment income...

 

Spider Jerusalem

(21,786 posts)
3. and that would be "federal income taxes"
Tue Sep 18, 2012, 04:14 PM
Sep 2012

in states that have an income tax, liability often kicks in at a lower income level than it does federally. And people pay Federal taxes on gasoline or diesel fuel, Federal excise taxes on tobacco and alcohol, etc. Everyone who participates in the economy pays taxes; it's unavoidable.

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