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I am somewhat shocked to learn that a multi billionaire pays as little as 3% in taxes...but should not be as in the past I have heard about cases where zero taxes were paid.
Ted Koppel...playing the Devils Advocate...said that even though he only paid 3% that represented milillions upon millions of dollars paid in taxes where as even though his receptionist paid the top rate in taxes she did not pay anywhere near that amount. His response was that he did not consider the total dollar amount that he has to pay as having any bearing upon the fact that he pays a much smaller percentage than she pays and it hurts her pocket book more than the millions in taxes hurts his.
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