Once again you misunderstand what he said. He said he wouldn't be able to keep his business side. He never said he would stop doing his show, just the business he runs that funds his charities. And if you are going to claim he made his tax rates up you better be able to prove it so go ahead. Quote him then quote the new york tax rates that back you up.
You contradict yourself here. First you say that it is not Obama that raises taxes, but Congress. And then in the next paragraph you say that it was Reagan and Eisenhower that raised taxes. Which is it?
Nope : "If you tax achievement, some of the achievers are going to pack it in. Again, lets take me. My corporations employ scores of people. They depend on me to do what I do so they can make a nice salary. If Barack Obama begins taxing me more than 50%, which is very possible, I dont know how much longer Im going to do this. I like my job but there comes a point when taxation becomes oppressive. Is the country really entitled to half a persons income?" He clearly says HE will stop with the show and it will costs a lot of people the job, why? Because he would be too taxed. Again that is BS first Obama doesnt tax second effective federal taxes are nowhere near 50% and nobody proposes this third even IF federal taxes would be raise so the effective tax rate would be close to 50, o reilly would still take home millions and he basicly says "thats too low for me" something I can hardly believe. I already gave effective federal tax rates (that what he was talking about) and they are close to 30% for the top 1% of incomes (wich I think fits for o reilly)
Tiger Bill O'Reilly is the greatest leg-spin bowler this world has ever seen. He leave that Shane Warne for dead.
LOL No CLEARLY he states its his corporations he will stop. How do you miss the obvious when you even quote it? He put it in the context of his businesses at the start. TOTAL Taxes not just Federal Tax. Stop being dishonest. Now, back up your BS. Taxes don't stop with the Federal income tax.
They can't spend it? Even if they have to invest it they will change the way they invest. They will not invest in the riskier projects, many of which are the cutting edge projects that bring new technology into the economy. So if a project is very good and may make the investor a lot of money he might decided that the return is too high. He doesn't want to get kicked up into the top bracket and end up with less total gain after taxes.
Do you not understand he has a paycheck as an employee for Fox News AND he runs a corporation for his charities? Simple question.
Because the average tax rate for his bracket is far below that, if he does he needs to change accountant.
SO? He stops with the o reilly factor that was what he says. Why total, he talked about obama, since when does obama determin state taxes?
I think his argument is (which I actually support) is so what? Is giving government more money, so they can waste more money, helping anything or anyone? We already have meter maids, cops and cameras all over our towns and cities who are just there to give out fines and collect more money from the government. Yes there are wealthy people in the states. Yes the income gap is a problem... How is giving this money to a wasteful, pompous government (republican or democrat) going to help the situation?
The marginal tax rate for that income group is 35%, he will pay 35% on the next dollar earned. If Obama raises taxes then he will pay that rate on his next dollar earned. He was correct in his statement.
Because it is the total tax burden he was talking about when he asked the question how much does government have a right to take from someone in the form of taxes.
What are you talking about? The threat is against stopping his BUSINESS not his EMPLOYMENT. How many times must it be said? Because he says that is what he pays in taxes. NEVER does he say only Federal Income Tax. So again back up your BS.
No the effective tax rate is more 25%he is more likely to pay 25% then 35% And he talked about obama raise it to 50 .
He said 50% would be too high and he sees obama doing this. Obama cant even set the federal tax rate (but lets ignore this) let alone state tax rates.
He said (and repeated it on the daily show) "stopping his show". http://www.thedailyshow.com/watch/wed-september-28-2011/bill-o-reilly Again watch this clip ON TOP of the 50% of obama he start listing state and other taxes, its clear he talks about 50% federal income tax, and then 50% EFFECTIVE federal income tax wich is doubling it. he also ,doesnt want to repond to the question if its a bit rediculus to say "anything lower then 3 million income after taxes isnt worth it" And again it completly ignores obama cant raise taxes, thats not his job.
