Showing posts with label Michael Bloomberg. Show all posts
Showing posts with label Michael Bloomberg. Show all posts

5/14/12

If Michael Bloomberg made 5% per year on $20 billion, and paid half his taxes on long term capital gaines and half on dividend interest, will he "earn" an extra $295 million over the two years with Obama’s Tax Deal?

"President Barack Obama should tell Democrats angered by his compromises with Republicans
on extending tax cuts to “suck it up,” New York City Mayor Michael Bloomberg said.

“He says, ‘Look, this is what I did, this is the best I can do. Suck it up,’” Bloomberg said,
when asked how Obama should deal with Democrats angered by the tax measure
and other compromises with Republicans."

Molly Peterson and Gopal Ratnam

If Michael Bloomberg is worth about $20 billion,
and makes about $1 billion per year on long term capitol gaines and dividend interest
could he save about $295,470,320 over two years if Obama’s Tax Deal passes?

.......…………….............…………..…Tax Cuts Extended…………….Tax Cuts Expired

Dividends and LT Capital Gains...........$1,000,000,000…………………$1,000,000,000?

Tax Liability…………………................…..$149,948,250 ………………….$297,683,410?

Average Tax Rate………........................…..14.99%……………….....……. 29.77%?

$297,683,410 – $149,948,250 = about $147,735,160 x 2 years
= about $295,470,320?

12/13/10

How could US Senator Charles E. Schumer explain why he voted to charge each and every US child about $1,600 each to give New York City Mayor Michael Bloomberg what could be about $295 million in Tax Cuts over two years?

If about 1,699,000 US households make more than $250,000, and their portion of the tax cuts is about $120 billion...?

If US congressman Darrell Issa is worth about $303 million and makes about 5% of his net worth per year, could he charge every US child $12,000 to vote himself about $1,387,836 in Tax Cuts over two years?

Could US Senator John Kerry charge every US child $12,000 to vote himself about $500,036 in Tax Cuts over two years?

If Britney Spears makes about $64 million per year, could she bring in another $5,876,704 from President Obama's Tax Deal over the next two years?

If Michael Bloomberg makes 5% per year on $20 billion, and pays half his taxes on long term capitol gaines and half on dividend interest, could he bring in an extra $295 million over two years with Obama's Tax Deal?

If Rush Limbaugh makes about $78 million per year, could Obama's Tax Deal give him about $15,324,704 more over the next two years?

If there are about 75 million kids in the United States of America, will congress and the president charge them $12,000 a piece to bail out the financial mismanagement of their parents?

Can any American legislator who votes for a $900 billion deficit increase run as a "fiscal conservative" in 2012?

How could some American legislators opposed to raising the debt ceiling, vote to increase the nation's deficit by $900 billion over 2 years?

How could US Congressman Howard Coble explain why he may vote to charge each and every US child about $1,600 each to give US Senator John Kerry what could be about $500,036 in Tax Cuts over two years?

If about 1,699,000 US households make more than $250,000, and their portion of the tax cuts is about $120 billion...?

If US congressman Darrell Issa is worth about $303 million and makes about 5% of his net worth per year, could he charge every US child $12,000 to vote himself about $1,387,836 in Tax Cuts over two years?

Could US Senator John Kerry charge every US child $12,000 to vote himself about $500,036 in Tax Cuts over two years?

If Britney Spears makes about $64 million per year, could she bring in another $5,876,704 from President Obama's Tax Deal over the next two years?

If Michael Bloomberg makes 5% per year on $20 billion, and pays half his taxes on long term capitol gaines and half on dividend interest, could he bring in an extra $295 million over two years with Obama's Tax Deal?

If Rush Limbaugh makes about $78 million per year, could Obama's Tax Deal give him about $15,324,704 more over the next two years?

If there are about 75 million kids in the United States of America, will congress and the president charge them $12,000 a piece to bail out the financial mismanagement of their parents?

Can any American legislator who votes for a $900 billion deficit increase run as a "fiscal conservative" in 2012?

How could some American legislators opposed to raising the debt ceiling, vote to increase the nation's deficit by $900 billion over 2 years?