Skull Pilot
Diamond Member
- Nov 17, 2007
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Posted them skullWhat deductions do the so called rich get on their 1040 that you don't?IMHO it's not the income that decides whether you're paying your fair share It's all the deductions only the rich can take so their % of taxes are very low30 years ago people in the top 10% were making close to $60,000/per year, and so started the chant of rich people don’t pay their fare share. Today we’re hearing the exact same thing. So what I’m curious to know is who the rich are? What level of income is needed before you’re considered to not be paying your fair share. Is it still the $60,000 mark or is it anyone that has $1.00 more than you do.
No you posted deductions everyone gets. What are the deductions that only the rich get on their 1040 that you don't