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Poverty

TexasBushwhacker

(20,777 posts)

2. It depends on the loopholes

Reply to unhappycamper (Original post)

Sun May 24, 2015, 12:15 PM

May 2015

If he didn't pay income taxes because a lot of his investments are in tax free municipal bonds, I don't really have a problem with that. If MBs were taxable, municipalities would have to pay higher interest rates, making the cost public works and buildings more expensive. That money would have to come from the pockets of the local taxpayers.

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Highlight:

The real 47 percent: GOP candidate with a Ferrari pays no federal income taxes for third year [View all] unhappycamper Oct 2014 OP

boo & r ND-Dem Feb 2015 #1

It depends on the loopholes TexasBushwhacker May 2015 #2