the RICH don't pay enough taxes!!!! ZOMG!!

[b-ONE-b]

So the Yankees signed Japanese pitcher Masahiro Tanaka to a 7 year, $155 Million contract.

Combine Federal, State and Local taxes and Tanaka will pay a 56.1% effective tax rate.

So he will receive 68/155m after taxes.

But that's just the start. How about property taxes? I'm going to assume that Tanaka will buy a place to live in NYC. He will pay sales tax on all his purchases. He will end up spending 60%+ of his income on taxes.


So to any DUmmy reading this, you say the rich need to pay their fair share. What more can you ask of a high income earner?

[JohnnyReb]

They want it all....except the $7,000 that some DUmmie once said was all anyone needed.