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David4 Wrote: Nov 21, 2012 11:52 AM
What kind of stupid is this Mr. Schoenberg that he lets his banker and broker make 20% fees off of his income? An average index mutual fund can manage his money for 2 or 3%, and he lets his banker, broker and state and local tax-man have twice as much money has he himself, and have 20 times more than Uncle Sam? Might as well ask: Does Mr. Schoenberg believe in the reverse-% tithe? That he must give to his god (Government) 90% of what he makes, and keep just 10%?

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...