Quote:
Originally Posted by Clocker
.......Anyone making that much is probably paying a lot of it as capital gains tax, which is 20% for the highest earners. And they are paying a good tax accountant to find ways to avoid taxes. In Trump's leaked 2005 tax return, he paid an over-all rate of about 24% on many millions.
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You would be shocked by the amount of people having W-2s showing millions in earnings.
The top capital gains rate is 23.8%.