For instance, the Kerry's are worth over 1 billion dollars. Yet they only made 5 million last year? And they only paid 12% income on that?
Let's see, 1 billion put into a CD at 3% would yield them 30 million income from interest alone (plus then there is their business income from Heinz. Corp, etc.) People with over 1 billion dollars don't earn less than 0.5 % on their money! I'm not rich, and I make a much better return than that!--- without any financial advisors!
They are easily in the top 1% tax bracket, but they claimed less than 1/6 of what they could have easily made in interest, and they paid less than the average tax payer does. (a little over 14%) Most people making that kind of money are paying around 3 times as much.
I wonder why they won't release their entire tax forms.
Then there are the ridiculous social security claims. For instance, Kerry claimed in the debates that 14 trillion was needed for social security, and Bush's plan (to allow a voluntary 2-5% privatization) would result in a 2 trillion shortfall. Now, in a worse case scenario, if everyone opted into the plan at the maximum of 5%, just how does 5% of 14 trillion work out to be 2 trillion? A more realistic number would be 1/2 the population opting in at about 3%, or 1.5% of 14 trillion, or a short fall of about 210 billion. (about 1/10 of the Kerry claims.) Are they throwing out all these false claims hoping that the American public can't do simple math?
Do they think we are all like the guy, down at McDonalds, that can't figure out your change if you give him $10.30 for a $5.30 bill. LOL
Rodney
