[ExI] rugged individualists
Damien Broderick
thespike at satx.rr.com
Thu Jul 14 20:49:39 UTC 2011
On 7/14/2011 3:26 PM, Kelly Anderson wrote:
> Every year since 1999 when I paid $502,000 in federal income tax,
Good grief. What follows might be regarded as a rude question (but you
did volunteer that information):
How did this happen? Was it cumulative non-paid tax over many years?
Does it include some monstrous IRS fine? Did you make more than million
bucks that year? (I gather that the top tax rate on regular income that
year was 40%, and 20% on capital gains, which seems to imply that in
1999 you still managed to keep more money than I've ever made in my
life, aside from selling my home and buying another with the proceeds.)
Tax of half a mil in a single year seems a bit inconsistent with your
woes about living on the street, etc.
If this *is* an outrageously personal and offensive question, my
apologies and please ignore it.
Damien Broderick
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