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Federal Tax Rates: Most Americans are Getting Screwed.

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zanesworld1

What the Feds are Doing to Working Class Taxpayers A Really Big Screw

        Disclaimer: I do not claim to be an accountant, tax lawyer, economist, or constitutional scholar. However, at various times I am all of these things, as I do all the payroll, accounting, taxes, and economic planning for my auto repair business, and can read and understand the constitution. Figures and arithmetic may not come out to the penny, but are pretty close. This is an article, not a tax return. Feel free to run the numbers yourself with links at bottom.

        Mitt Romney paid 13.9% of his gross income in federal taxes in 2010, the last year he has released records for, on a gross income of over $21,700,000. Barack Obama paid 20.5% of his gross income in federal taxes in 2011, on income of over $700,000. Billionaire investor Warren Buffett paid 11% of his 2010 income ($62 million plus) in total Federal taxes…

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