Since 1981 Jeb Bush paid an average tax rate of 36%

Oh, of course you're going to vote for him if he's the GOP candidate. People blabber this sort of thing every election cycle, only to come along and play 'realist' and gibbering all about how they like had to hold their nose or something but it's all just too important to let the 'other side win n stuff'.

 

It is not incumbent on Hillary supporters to prove the negative. And opponents have not proved any charges despite wasting large quantities of public money in Congressional investigations.

But I,would be curious just what are the characteristics of a person who " deserves " to be president.

 

No I wont. Eden's not burning its burnt.

 

Now the left will go after his college transcripts.

 

Do you think he's hiding income like the Clinton's do?

 

Are you sure about that?

 

Pretty damn sure. Politicians like that have incomes rolling in from everywhere, and a lot of it isn't claimed at all. Those off shore tax shelters are not in place for the guy who works for a living. Thanks to the lax lobbying that is routine in this country, I doubt seriously anybody will ever know how much he makes and from who.

 

Joe Columbo said the same thing. "You got NOTHIN on me!"

 

Where do you guys get this stuff? Just a question, do you give credence to conspiracy theories?

 

You mean like aliens, inner earth, man not landing on the moon, magic bullet theory etc...? Sure.

Unfortunately I have never met a politician who wasn't a crook, accepting bribes or at least campaign finance, skimming off the top, or benefiting from insider trading. Kind of comes with the territory. Have you ever come across a politician who wasn't richer leaving office than when they came in?

You are either a good criminal politician, or you don't get one of the two criminal major parties endorsement.

 

That is his effective rate and he pays the same 15% of investment income as those "swindlers" and everyone else on investment income in the highest tax brackets. Those at the bottom don't pay any investment taxes on capital gains.

 

13-15% on what? Total effective tax rates?

 

"Since when did we have a tax cheat run for President?"

And his tax cheating was what exactly?

 

Oh does that mean we get to examine Hillary's business dealings under a microscope too?

Perhaps you can tell us how exactly she made that killing in cattle futures?

 

About that 36% effective tax rate for Jeb Bush
Yahoo Finance By Michael Kitces
July 1, 2015 10:21 AM


Yesterday presidential hopeful Jeb Bush released 33 years worth of tax returns in the spirit of campaign transparency with a headline that he had paid an effective tax rate of 36%.

A deeper look reveals that Jeb Bush has only had one year in the past 33 that he faced an effective tax rate higher than 36%, the most recent year of 2013. That was the year the 39.6% tax bracket returned under the American Taxpayer Relief Act. In other words Bush stated his effective tax rate was 36% for the past 33 years, when in reality it was lower than that in 32 of the last 33 years and was only slightly above that level in the very last year.



The disparity between Bush’s self-reported results and a calculation of his underlying effective tax rate for each of the past 33 years based on his own tax returns is that Bush reported his effective tax obligations cumulatively over the past 33 years, which effectively weights each year by the amount of income earned in those years. And as shown below Bush’s income has indeed varied significantly over the years.



In fact as shown above from Bush’s own tax return data in many years his income and taxes were zero. However zero income years also effectively received a zero weighting in his self-reported results, while high income years with higher tax brackets receive a higher weighting. And the most recent year with the highest income – the one year Bush’s effective tax rate actually was over 36% - received the greatest weighting of all. Thus Bush’s reported effective tax rate of 36%, even though the reality is that the average of his effective tax rates across each of the years would have been only 21.3%.

Notably Jeb Bush’s total tax liabilities are also inflated by the fact that for many years when he was self-employed, he paid self-employment (SECA) taxes. While this is certainly part of one’s total tax liability, it is somewhat confusing to include it in a normal effective income tax rate calculation as these taxes appear on the personal tax return simply because Bush was self-employed. Had he earned wage income instead – which he actually did for many years – those taxes are recorded as payroll taxes, paid by the employer, and while they are a tax cost, they’re not typically included when doing a proper calculation of an effective tax rate.

When these amounts are excluded – along with a modest amount of household employment taxes that Bush paid on behalf of his housekeeper (which is a tax for his role as an employer, not on his personal income), Bush’s effective tax rate even by his own methodology is only 34%. And when all the years of his earnings are evenly weighted his effective tax rate averages out to only 20.6%.

Ultimately this isn’t meant to diminish the significance of the taxes that Jeb Bush has paid over the years, especially in his most recent and biggest income years. Nonetheless the fact remains that over the span of 33 working years his self-proclaimed effective tax rate of 36% has in reality only been his experience in just one of those years.
http://finance.yahoo.com/news/about...vbG8DZ3ExBHBvcwMxBHZ0aWQDQjAzODZfMQRzZWMDc3I-

 

Gee, are you saying she isn't being examined? That's certainly news ... I wonder if anybody has thought to make a thread on Hillary; that way they wouldn't have to run around in threads about other pols making post about Hillary ... oh ... wait ...

Yes, I can. And, you would jump up and down and oppose the kind of regulations that would prevent how she made the 'killing' anyway, so why are you or any GOP muppets sniveling about it ? In any case, as I said it was very small potatoes in the scheme of things, $100K.

You didn't even understand the point being made re Bush's 'tax rate', either.

 

So I take that as a yes and since a large chunk of voters was not around back then don't you think it would be just as good an idea to put hers under the microscope just as Bush's?

Actually I support the laws that are supposed to prevent how she did it.

But do tell me how you think she did it compiling one of the most astounding commodities trading record ever.

Not for someone with a zero net worth at the time.

And what exactly did I miss?