Monday, April 18, 2016

Sanders' Tax Returns

I suppose we are all hypocritical some of the time but today's Democrats are hypocritical ALL of the time. ALL THE TIME!

With all of his itemized deductions, Sanders’s taxable income was significantly lower than it would have been if he had taken the standard deduction. The deductions left Sanders and his wife paying $27,653 in federal income taxes in 2014, on a joint income of $205,271 — an effective federal tax rate of 13.5 percent. If that seems low to you, your instincts are right: According to the Tax Foundation, the average federal income-tax rate for a couple making $200,000 to $500,000 in 2014 was 15.2 percent. The “millionaires and billionaires” that Sanders is so fond of berating payed, on average, just more than twice as much of their income (27.4 percent) in federal taxes as he did.

Read more at: http://www.nationalreview.com/article/434194/bernie-sanders-tax-returns-reveal-hypocrisy

Oh and why isn't an advocate of income equality returning every penny over $53,657 (The current median household income for the United States) ? http://www.deptofnumbers.com/income/us/

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