04-08-2007, 10:13 PM
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#26
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still eats dirt
Join Date: Sep 2003
Location: Tampa, FL
Posts: 3,031
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Quote:
Originally Posted by Happy Monkey
It puts much more of a burden on the poor. If you make $12,000 and they take 20%, you have $9,600 left to live on. If you make $12,000,000 you are left with $9,600,000.
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Even worse when you understand that the wealthiest in the country have no income to tax. Most of their salaries are insignificant and many of them earn zero dollars.
Google CEO Eric E. Schmidt earned $1 last year.
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