Quote:
Originally Posted by re-tire
You forgot Obama on your list of multi-millionaires
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No, that's precisely my point. Obama made his money from sales of his book- and he paid about 30% of his income in taxes and was a very generous donor (To be honest Biden only gave away about $4,000! Cheapskate.)
I don't agree with them, but Beck & Rush MADE their money by selling a product as well. I'm talking about CEO's, execs & traders brought in for multi millions before they even walk through the door. I'm talking about derivative traders and credit default brokers who make multi-millions, evens over a billion in one year, but pay only a 15% capital gains tax (instead of regular income tax), while bankrupting companies and America.
I'm talking about the five Wal-Mart "heirs" who each got 7 billion dollars when Sam Walton died- for doing nothing but having the right bloodlines- and then together got a 2.7 billion dollar tax cut under the Bush plan.
So how much is too much? Considering one Walmart heir received more in a tax break than the total expenditure of oil corporations on energy independence, something's wrong with the system.