The stupid Obama voters are the reason for this 39.6 % tax. Stupid votes the stupid in
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Pacquiao paying 39.6 percent in taxes?!
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You guys know that taxes were way higher in the 1960s than they are now and they used to peak at like 70% or something crazy like that and today a lot of other countries like canada, england ect have higher taxes than the US.
39.6% is just the highest tax bracket. If he has good accountants he can get a lot of trickery done to avoid that. Once you make the money initially then invest it the gains are not going to be taxes at that high of a rate if you do it right.
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Originally posted by D-MiZe View PostHe should come to Britain and pay 50% on anything over £100k.
All Obama did was let the previous tax cuts expire for the top bracket. It went from 36% back to 39%. Whoop de ****ing do. Thats a change of 3% for the top bracket and people act like this is the end of the world and all of the millionaires will flee the country.
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Originally posted by tredh View PostThe example you just gave is why people are complaining about the rich and wealthy and calling them greedy which they are. So the tax rates are up so instead of clearing 10Mill this year with the new tax rates your boss clears 7Mill and he can't have that. So instead he lays people off and cripples whole ****ing families to save a extra 3Mill and keep clearing that 10Mill. You say that is not being greedy? LLS
The changes are not that big. Nobody is making 30% less this year. Its a 3% change.
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Originally posted by LarryX.. View PostThis is what i want to know......why did it take him this damn long to figure this out? Why does Arum always have to say something first? This is what i do not get about Manny..it's like he can not speak for himself or stand up for himself..he is a great fighter no doubt but he comes across as a puppet and someone you can easily mess over.
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