Discussion»Questions»Celebrities» Scuttlebutt is that Trump may have paid zero income taxes for at least 18 years! How much income tax did YOU pay the last 18 years?
Hello there Rosie... 'How much did I pay in taxes over the past 18 years??? Well there were... Federal income taxes' State income taxes Sales taxes unemployment taxes Social Security taxes Corporate income taxes Corporate licensing taxes Capitol gains taxes Gasoline taxes School taxes Utility taxes Property taxes Self employment taxes Bridge tolls Highway taxes Toll roads Fishing permits building permits Fee's Tariff's fines. uh....lost track Vehicle registration parking tickets cigarette tax, I once smoked Luxury tax, I once owned a boat Medicare Liquor taxes even paid a "duty" at customs
Gosh, Don't really know what that adds up to but I am fairly certain it is more than 18%
As far as the general income taxes, of both state and Federal goes for the past 18 years, Id say it has been in the average range of 25 maybe as high as 35%. Not bad and I don't mind paying, would like to see it spent better... As always... have a great day
This post was edited by designer at October 3, 2016 2:42 AM MDT
What you pay in income tax has no connection to what gets spent. Income tax money is deposited with the Federal Reserve and it simply disappears. The money that congress spends is freshly created for the purpose. No connection at all between the two.
Condolences sweetie! That is some comprehensive list. It is overwhelmingly crushing to me and I'm just reading your list in the comfort of my home. You paid them. Of course many of the items on your list don't apply to me. I never smoked, owned a boat, owned a company etcetera and so forth. How about running for Prez des? I"d vote for ya! Thank you for your thoughtful and detailed reply and Happy Monday! :)
Henry Ford, another billionaire from many decades ago, probably never paid taxes at all. He elected to donate his entire fortune to charity. That charity is still helping S.E. Michigan to survive. Imagine what would happen to his fortune if he paid it to the IRS.
designer 