Taxing The Rich: What The Polls Tell Us - Forbes.
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Master investor Warren Buffett published an Op-Ed essay in the New York Times of August 15, 2011, entitled “Stop Coddling the Super-Rich.” Buffett said that his income tax rates are lower than tax rates on the other 20 people in his office. Buffett overlooked the fact that 99% of his wealth is invested in his company, Berkshire Hathaway, where corporate income is taxed at a rate about.
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The writer’s opinion is also very clear. It is presented in the thesis statement and repeated in the conclusion. It is explained in body paragraph two. Coherence and Cohesion. The paying taxes essay is well organized. Each of the main points is explained in a separate paragraph and a logical argument is presented to support the writer’s.
Assuming a welfare weight of zero for the very rich, the optimal marginal income tax rate can be calculated as 44 percent. and compares this with the average top tax income tax band in the OECD of.
Taxing the rich more with progressive marginal tax rates doesn't really do anything because of the Internal Revenue Code. There are so many tax loopholes in it, but you need to have lots of money to use it. Bill Gates for example more than doubled his total wealth after the great recession of 2008. While millions lost everything, their jobs, their homes, and their livelihood.
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