Holy Cow! 12.8%
?! That is the effective income tax rate of Sen. Kerry (D-France) and his wife Teresa. This from the happy class warrior that want to raise taxes on the top 1% of income earners in the US to "pay for" his spending spree.
The Kerrys "have unwittingly made the case for what George W. Bush says he wants to do: radically simplify and flatten out the tax code. ... So before John Kerry is given the opportunity to raise taxes again on American workers, shouldn't he and Teresa at least pay their fair share?"
If this isn't enough, look here
for a eye opener.
As you may know, here in Massachusetts we have a provision on our state income-tax form that allows all concerned citizens to pay their taxes at a higher rate than is required by law.
It's something you can volunteer to do . . . for the children. For the victims of the Reagan-Bush recession blah-blah-blah. It's a choice each state taxpayer must make on Line 22 - whether to pay at the 5.35 percent rate, set by 2 million mean-spirited voters at the ballot box in 1998, or at the old Dukakis-era 5.85 percent rate.
Sen. Kerry's share at the higher rate? $687. He decided (rightly so) that he would spend it better than the State, problem is that he wants higher taxes for all, except him I guess...
More discussion at INDC Journal