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Old 11-24-2010, 05:40 PM   #41
2010-1SS-IBM

 
Drives: 1998 Nissan, 2010 Camaro
Join Date: Jul 2009
Location: Dallas, Tx
Posts: 827
Quote:
Originally Posted by ColdCamaroSS View Post
Yeah, pretty much. My guess is around 17-18% vs 30+ for the middle-class
You'd be wrong. Limbaugh's pay is considered income, and so are his perks. He's paying at as high a rate as we have, and way more than you or anybody you know does.

Edit - You're probably thinking of Warren Buffett, who's income is all capital gains due to him being an investor. He might be paying below middle class income tax levels, but his investments can also be lost.
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