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To: kingattax
we pay ordinary income tax, unlike a lot of people who are truly well off

I think this is being misinterpreted by the author.

She is not saying she isn't truly well off, she is saying, accurately or not, that unlike other people in the "truly well-off" category, they pay ordinary income tax. Which I guess means they haven't made most of their money off capital gains.

20 posted on 06/22/2014 1:39:59 PM PDT by Sherman Logan (Perception wins all the battles. Reality wins all the wars.)
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To: Sherman Logan

Romney paid 3 million in income tax. I guess he isn’t “well off” either.


37 posted on 06/22/2014 2:15:39 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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