These are short common sense opinions on today's (and yesterday's) news to counter the bulldroppings fed you by the liberal media. Sometimes I don't have URLs to news items, but I will give them to you when I can. Publishers are encouraged to use items from this blog by simply retaining my copyright indicia. Please let me know at raythomas101@yahoo.com when you do.
Sunday, September 25, 2011
Apples and Oranges
When Warren Buffet says his secretary pays taxes at a higher rate than he does, he is LYING. Lying by comparing two different kinds of taxes: Income taxes and capital gains taxes, which have a lower rate FOR EVERYBODY. If his “secretary” sells her house she will pay taxes on it at the SAME RATE as he does. Buffet makes very little on which he pays INCOME taxes, and if he does, he and his secretary pay the same as EVERYBODY, depending on the total amount of their liability Basically, his contention that his secretary pays a higher rate than he does is a calculated LIE. (Just common sense)
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