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General Discussion

BlueDemKev

(3,003 posts) Fri Jun 1, 2012, 01:58 PM Jun 2012

4

When billionaires pay ZERO Taxes...Isn't SOMETHING Wrong?

Or am I just being a whiner because I'm not as "successful" as they are at GAMING THE SYSTEM.....

http://www.jsonline.com/business/beloit-billionaire-pays-zero-in-2010-state-income-tax-bill-ep5js3j-155853835.html

3 replies

= new reply since forum marked as read

Highlight:

When billionaires pay ZERO Taxes...Isn't SOMETHING Wrong? (Original Post) BlueDemKev Jun 2012 OP

apparently she is spending her money on plastic surgery Rambis Jun 2012 #1

It sounds like her investments lost money in 2010. former9thward Jun 2012 #2

No taxes (no Wisconsin state income taxes)? What was her income? hughee99 Jun 2012 #3

Rambis

(7,774 posts)

1. apparently she is spending her money on plastic surgery

Reply to BlueDemKev (Original post)

Fri Jun 1, 2012, 02:08 PM

Jun 2012

former9thward

(32,102 posts)

2. It sounds like her investments lost money in 2010.

Reply to BlueDemKev (Original post)

Fri Jun 1, 2012, 02:30 PM

Jun 2012

If you lose money you are not required to pay taxes.

hughee99

(16,113 posts)

3. No taxes (no Wisconsin state income taxes)? What was her income?

Reply to BlueDemKev (Original post)

Fri Jun 1, 2012, 02:42 PM

Jun 2012

I couldn't find it.

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