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absinthe48 Wrote: Nov 21, 2012 6:48 AM
In 2011, with an income somewhat less than Schoenberg's, I paid tax at an effective rate of 26% . I asked my accountant how that happens. He told me, "You are honest." I could have charged $3 in charity for a pair of used underwear a la the Clintons, but I don't. I just give it away. I could have charged my vacation as a business expense, but it was only a vacation, so I don't. The ones howling for the blood of the middle class are also the ones -- think about the Sage of Omaha who thinks the middle class pay too little, but executive jets should go tax-free -- who have the biggest loopholes.

The millionaire poster boy of the tax-the-rich crowd, who amazed everyone with the revelation that rich people don’t pay their fair share by his talking about his own example, has released his tax returns online with an accompanying asterisk because the truth is a lot less dramatic than his claims.

Turns out that Eric Schoenberg, chief cheerleader for United for a Fair Economy, only made about $37,000 after he paid his expenses, local taxes and accounted for charitable contributions.

He originally claimed he had income of over $200,000.  

After telling the AP that he only paid one percent in...