meintn's comment history

meintn said...

patriot1 - he likely itemized because he donated a lot of his income. After writing off those deductions, he essentially paid 26.7% of his income - income before making those donations. This is how a lot of "rich" people get their taxes down, but it doesn't mean they are keeping all of the money. They are paying a lower percentage in taxes because they are donating a higher portion of their income than the average Joe.

September 19, 2011 at 6:41 p.m.
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