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Bernie Paid Only 13.5 Percent Federal Tax

Posted: Mon Apr 25, 2016 5:58 pm
by johnforbes
Bernie Sanders released his 2014 tax return this weekend, revealing that he and his wife took $60,208 in deductions from their taxable income. These deductions are all perfectly legal and permitted under the U.S. tax code, but they present a morally inconvenient, if delicious, irony: The Democratic socialist from Vermont, a man who rages against high earners paying a lower effective tax rate than blue-collar workers, saved himself thousands using many of the tricks that would be banned under his own tax plan. 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.

Re: Bernie Paid Only 13.5 Percent Federal Tax

Posted: Mon Apr 25, 2016 7:55 pm
by RealJustme
So Bernie feels rich people like him should pay more taxes but he wiggles out of paying his fair share. Bernie is the one who said people making more than 200K are rich and are avoiding paying as they should. I've lost all respect for the old fart.

Re: Bernie Paid Only 13.5 Percent Federal Tax

Posted: Tue Apr 26, 2016 7:26 am
by Intrepid
This perfectly illustrates the hypocrisy of the liberal mind. Bernie, or any liberal, can, anytime they feel they have under-contributed to the Federal government, simply write out a check to the Treasury of the United States and send it in.

But they never do that, ever. All they want is for EVERYONE else to pay more, not themselves.

A few years ago the author Stephen King was down in his tax haven home, Florida, railing at rich Republicans for supporting tax cuts for their rich Republican cronies. Yet he (himself a millionaire many times over) was taking full advantage of every tax credit and deduction he could get his grubby hands on. The same hands that could be writing massive checks to the Treasury so assuage his liberal guilt over everyone else not paying enough in taxes.

The irony is too delicious.

Re: Bernie Paid Only 13.5 Percent Federal Tax

Posted: Wed Apr 27, 2016 7:37 am
by johnforbes
Stephen King looks like he was run over by a truck.

Re: Bernie Paid Only 13.5 Percent Federal Tax

Posted: Wed Apr 27, 2016 7:54 am
by Clownkicker
So do you, johnny, but the difference between you is that King wasn't born that way.

Re: Bernie Paid Only 13.5 Percent Federal Tax

Posted: Wed Apr 27, 2016 2:38 pm
by johnforbes
Heavens to Betsy, obviously you are unacquainted with my countenance.

Re: Bernie Paid Only 13.5 Percent Federal Tax

Posted: Thu Apr 28, 2016 7:14 pm
by sillydaddy
Stephen King looks like Truman Capote on steroids :lol: :lol:

Re: Bernie Paid Only 13.5 Percent Federal Tax

Posted: Fri Apr 29, 2016 7:57 am
by johnforbes
They say that, after the untimely demise of Capote, Clownslacker retained the services of Capote's personal trainer.

Today, Clownslacker has every bit of the muscular development of Truman Capote.