There is nothing scheming or priviledged about investing in tax free municipal bonds. Many people of modest means have these investments also.
There is no story here unless we want to be like the Democrats and inflame people based on sensational headlines.
There is a story here, and it's that the Mr. and Mrs. Kerry are guilty of the very thing they say is a 'sin' when it's done by others. I have no problem at all with how she chooses to reduce her tax liability, but don't have Mr. Kerry out there spinning BS about the tax system and using it to give others a black eye. The story here is that his rhetoric is designed specifically to inflame and it's not limited to this subject.
Exactly, the last thing we need is to repeal the law giving investments in our local governments freedom from taxation, as the vacuum will be filled by you know who.
Those of us who are fiscally conservative should rejoice in the fact that her money is doing the same things all monies invested in the economy do, they EMPLOY, and ENABLE economic growth.
The only solution here is to attack investors with tax policy, and that simply won't be good for the economy.
"There is nothing scheming or priviledged about investing in tax free municipal bonds. Many people of modest means have these investments also.
There is no story here unless we want to be like the Democrats and inflame people based on sensational headlines."
There is a story here. You see, I am not disturbed by Terayzah paying 12.4%. Frankly bless her pointy little head that she can reduce her tax burden.
However, saying that, my family is fortunate enough to be patrt of that 200k income rate and with all my reductions I will still pay over 20%.
That is the story.
First of all, this clearly exemplifies Kerry's hypocracy. Secondly, HRH Teresa has as yet deigned to release only two (2) pages of her presumably voluminous tax returns. Thirdly, were this tax shoe on a Republican foot the MSM would be screeching to the high heavens. Fourthly, ....
Unless you consider these figures:
The Bushes reported income of $727,083, and paid $227,490 in taxes -- 30.4% of their income.
There is a story here, but it is not about the rate Heinz paid.
It is about Kerry's pandering over "taxing the rich."
We now know that that is political rhetoric for him and not personal belief. In other words, they're hypocrites.
I'm all for paying less tax. Personally, I don't think anyone should pay a lower or higher rate than anyone else, but that's just me. And I'll tell you that in public.
NRST.
The point is that he says that the tax cuts went to the rich and that they should be revoked to pay for new programs. Now, if Ms. Heinz is paying less than me in taxes, then we can simply have her and the other "rich" people to pay the taxes they already owe and that can fund these wonderful giveaways.
A Flat Tax stops all of this and gives everyone a fair shake in life and taxes.