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<blockquote data-quote="Allen" data-source="post: 421850" data-attributes="member: 389">I am not satisfied with having people who earn less, or more, than me paying less of a percentage in income tax.&nbsp; I would be all for a flat tax (pick a rate, 15, 20, 25 percent) so we can all say we are equally shouldering the load.For some reason, I find it strange that you are OK with people earning less, and people earning more, than I paying a lower income tax.&nbsp;&nbsp; I hope like hell you are in the same boat.Oh, and BTW, he pays zero income tax in year #1 on that $59 billion if he doesn't sell any of the stock.&nbsp; You must have missed that part of the conversation, because he won't pay tax until he sells it and then it's at a substantially lower rate than either of us are probably in because he will only have to pay capital gains tax rates on it as opposed to income tax rates.Again, someone who does taxes for a living, please feel free to correct me where I am wrong on this.</blockquote>

[QUOTE="Allen, post: 421850, member: 389"] I am not satisfied with having people who earn less, or more, than me paying less of a percentage in income tax. I would be all for a flat tax (pick a rate, 15, 20, 25 percent) so we can all say we are equally shouldering the load. For some reason, I find it strange that you are OK with people earning less, and people earning more, than I paying a lower income tax. I hope like hell you are in the same boat. Oh, and BTW, he pays zero income tax in year #1 on that $59 billion if he doesn't sell any of the stock. You must have missed that part of the conversation, because he won't pay tax until he sells it and then it's at a substantially lower rate than either of us are probably in because he will only have to pay capital gains tax rates on it as opposed to income tax rates. Again, someone who does taxes for a living, please feel free to correct me where I am wrong on this. [/QUOTE]

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