Should a Person Making Over $600,000 a Year Pay More Than 18% in income taxes?

Doove's Avatar
  • Doove
  • 04-15-2013, 03:10 PM
http://www.cnn.com/2008/POLITICS/04/..._s=PM:POLITICS
here is something to get you started Bush made $719,000 in 2007, paid 30.8% in taxes, Originally Posted by JD Barleycorn
From the CNN article you link to:

"President and Mrs. George W. Bush reported taxable income of $719, 274 for the tax year 2007 and paid $221,635 in federal income taxes, the White House said Friday."

Emphasis mine.
WTF's Avatar
  • WTF
  • 04-15-2013, 03:15 PM
From the CNN article you link to:

"President and Mrs. George W. Bush reported taxable income of $719, 274 for the tax year 2007 and paid $221,635 in federal income taxes, the White House said Friday."

Emphasis mine. Originally Posted by Doove
JD does not understand the difference between gross income and taxable income. Or he thinks we don't !