Quote:
Originally Posted by nation-x
There isn't a millionaire in the country paying 32% of his income in taxes unless he is an idiot.  Most pay an average of 12.5% after deductions. |
dear idiot, taxable income is what you're taxed on. just like you're not taxed on your whole $35k.
go to the chart, look at taxable income. find $35k
Then go down to $1m look at both taxes.
I know talking $1mil taxable income to you is like saying "a million bajillion" to a 5yr old but it doesn't made what I said any less true becauser you don't understand it.
