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

"Compared to the Tax Cuts Extended scenario,
total tax liability for the Obama Plan scenario would be $7,662,352 higher

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

Adjusted Gross Income...................................$78,000,000.....................$78,000,000?

About $38 million of earned income
At least $20 million of dividends on about $1 billion
At least $20 million of capital gains on on about $1 billion
= about $78 adjusted gross income?

Tax Liability on $38 million of income...................$19,273,989.....................$26,936,341?

Average Tax Rate..................................................24.53%.............................34.29%"?

$26,936,341 - $19,273,989 = $7,662,352 x 2 years = $15,324,704?What is the estimated net worth of Rush Limbaugh?

Tax CalculatorSingle
Tax Plan: Tax Cuts Extended vs. Tax Cuts Expired
Tax Year: 2011
AMT Patch: AMT Patch in effect

"Senate Tax-Cut Plan Would Add $857 Billion to U.S. Debt," or will the Tax Deal really cost at least $1,472.92 trillion?

"...The congressional Joint Committee on Taxation, which estimates the revenue effects of tax legislation, said the provisions would cost the government $801.3 billion in forgone revenue over 10 years. Extending unemployment benefits for 13 months, another feature of the package, would cost $56 billion, the Obama administration has said."

$857 Billion @ 4% x 30 years = $1,472.92 trillion

$857 Billion @ 5% x 40 years = $1,983.56 trillion

$857 Billion @ 6% x 50 years = $2,706.77 trillion

$857 Billion @ 7% x 75 years = $4,523.35 trillion

The proposal would extend Bush-era tax cuts for all levels of income. A two-year extension of those rates would cost $407.6 billion, according to the Joint Committee on Taxation.

...The tax agreement lacks revenue-raising offsets."

Ryan J. Donmoyer

 

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If Mitt Romney is worth at least $190 million and makes about 5% of dividends and 5% on capital gains, could he bring in an extra $5,656,178 by charging America’s children about $1,600 a piece?

Should Mitt Romney have disclosed his conflict of interest in his USA Today Op-Ed?

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

Taxable Income........  $18,981,000   $18,990,350?
Tax Liability.............    $2,839,650........$5,622,239?
Average Tax........ Rate    14.95%............29.59%?

$5,622,239 - $2,839,650 = $2,782,589 x 2 years = $5,565,178?

Married, No children
Tax Plan: Tax Cuts Extended vs. Tax Cuts Expired      
Tax Year:  2011
AMT Patch:  AMT Patch in effect

Tax Calculator

If about 1,699,000 US households make more than $250,000,
and their portion of the tax cuts cost $120 billion
are America’s elected leaders
about to charge everyone’s kids $1,600 each
to give all the households making more than $250,000 per year
an average of $70,629.78 each?

$120,000,000,000 / 75,000,000 Kids = $1,600 per American Child?

$120 billion divided by 1,699,000 = $70,629.78?

If US Senator John McCain (R-Ariz.) was worth about $19.64 million in 2008, about how much did he just vote himself over the next two years?

The 50 Richest Members of Congress (2008)

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?

If Us Senator Jay Rockefeller (D-W.Va.) was worth about $80.40 million in 2008, about how much did he just vote himself over the next two years?

The 50 Richest Members of Congress (2008)

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 Virginia US Senator Jim Webb explain why he may vote to charge each and every US child about $1,600 each to give US congressman Darrell Issa what could be about $1.3 million in Tax Cuts over the next 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?

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

If about 1,699,000 US households make more than $250,000,
and their portion of the tax cuts cost $120 billion
are America's elected leaders
about to charge everyone's kids $1,600 each
to give all the households making more than $250,000 per year
an average of $70,629.78 each?

$120,000,000,000 / 75,000,000 Kids = $1,600 per American Child

 

$120 billion divided by 1,699,000 = $70,629.78

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 Britney Spears makes about $64 million per year,
compared to the Tax Cuts Expired scenario,
total tax liability for the Obama Plan scenario
could be $2,938,352 higher per year?

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

Adjusted Gross Income...............$64,000,000.....................$64,000,000?

*Does not include interest, dividends or capital gains

Tax Liability...................................$22,373,989.....................$25,312,341?

Average Tax Rate.............................34.46%.............................38.98%%"?

$25,312,341 - $22,373,989 = at least $2,938,352 x 2 years = $5,876,704?
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Tax Plan: Tax Cuts Extended vs. Tax Cuts Expired
Tax Year: 2011
AMT Patch: AMT Patch in effect