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I'm no cartoonist, but I am a writer, and since I see some writing in this community, I hope it's okay if I post a little something about all the tactics the current powers-that-be in the U.S. have borrowed from Oceania and the other totalitarian regimes of the great dystopian novels:
http://jill-rg.livejournal.com/20193.html
http://jill-rg.livejournal.com/20193.html
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Date: 2012-10-07 08:06 pm (UTC)no subject
Date: 2012-10-08 12:47 am (UTC)Note the def. It is income from investments, purchases, etc. Generally, given 401k's have their own tax category, people are talking about stock market revenue. Now, once you have a crap ton of money enough that you are living off that revenue, you quit your job like Mittens did, you pay a heck of a lot less taxes on the revenue from your stocks. Thus how Warren Buffet is paying a lower percentage then his secretary, and Mittens is paying an unknown percentage, given half his investments are stashed out of the US.