Showing posts with label Darrell Issa. Show all posts
Showing posts with label Darrell Issa. Show all posts

Saturday, January 16, 2010

Is Howard Coble going to vote to charge every American child about $1,600 to give Darrell Issa what could be about about $1,387,836 over two years?

If Darrell Issa, worth about $303 million, makes about $15.5 million per year*
and could save about $693,918 per year in taxes by voting for Obama's Tax Deal,
could Congressman Issa vote himself what could be
about $1,387,836 over two years?

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

Adjusted Gross Income……………$15,150,000*…………………$15,150,000*?

Tax Liability……………………...…..$5,265,721......................$5,959,639?

Average Tax Rate………………………..33.80%......................... 38.28%?

$5,959,639 – $5,265,721 = about $693,918 x 2 years = about $1,387,836?

.
Tax Plan: Tax Cuts Extended vs. Tax Cuts Expired
Tax Year: 2011
AMT Patch not in effect

If about 1,699,000 US households make more than $250,000,
and their portion of the tax cuts cost $120 billion,
and $120,000,000,000 / 75,000,000 Kids = $1,600 per American Child,
and $120 billion divided by 1,699,000 = $70,629.78,
is Howard Coble going to vote 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?


$15,150,000 income estimate* = 5% of $303 million?

NEWSBUSTED at NEWSBUSTERS.ORG 2-18-2015