Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

elehhhhna

(32,076 posts)
Tue Dec 20, 2011, 09:07 PM Dec 2011

Kim Kardashian Made $12 Million Last Year & Paid Barely Any Taxes

Kim Kardashian Made $12 Million Last Year & Paid Barely Any Taxes

Are you angry about Kim Kardashian? Are you angry about the rich not paying enough taxes? This is your jam! The Courage Campaign has launched a new commercial that shames Kim for making $12 million dollars in one year alone and getting taxed only one percent more than everyone else. It begins with the classiest of quotes from Kim, which goes as follows: "Being on TV has changed my life because… (pause) I get lots of free stuff!" Gross.

http://jezebel.com/5869721/california-ads-urge-to-tax-kim-k

16 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Kim Kardashian Made $12 Million Last Year & Paid Barely Any Taxes (Original Post) elehhhhna Dec 2011 OP
The republicans, the party of Kim Kardashian. muntrv Dec 2011 #1
one of my fb friends barbtries Dec 2011 #2
I'm not buying it. How do they know? What do they mean by "1% more than everyone else"? What does Egalitariat Dec 2011 #3
Let's run some figures BOHICA12 Dec 2011 #4
Amazingly flawed analysis aletier_v Dec 2011 #5
This sounds fishy to me. dawg Dec 2011 #6
No. Wait. I'm replying to myself ... dawg Dec 2011 #7
that's what I thought too - California taxes, not Federal taxes hfojvt Dec 2011 #9
What exactly does Kim Kardashian do? She's famous for being famous, like Paris Hilton. marmar Dec 2011 #8
She does one useful thing customerserviceguy Dec 2011 #10
she has a large butt ... n/t IamK Dec 2011 #12
And I don't deny! n/t Zalatix Dec 2011 #15
She's probably making even more this year Missy Vixen Dec 2011 #11
looks like some new DU3 recruits at this site: Gabi Hayes Dec 2011 #13
I'd rather the Courage Campaign target the Waltons or the Kochs Zalatix Dec 2011 #14
Kim Kardashian is rich. But she's not WEALTHY. aquart Dec 2011 #16

barbtries

(28,789 posts)
2. one of my fb friends
Tue Dec 20, 2011, 09:11 PM
Dec 2011

actually a childhood friend of my daughter's, posted this and dissed it. and then added get out there, it's there, just go get it. clueless. i wouldn't have thought that. but i would have been wrong.

 

Egalitariat

(1,631 posts)
3. I'm not buying it. How do they know? What do they mean by "1% more than everyone else"? What does
Tue Dec 20, 2011, 09:13 PM
Dec 2011

"everyone else" pay?

Lots of red flags to set of a BS-meter in that article.

 

BOHICA12

(471 posts)
4. Let's run some figures
Tue Dec 20, 2011, 10:17 PM
Dec 2011

She paid - $1,240,000
Average CA Resident - $4,371

Factor difference - 2800% greater

Now Kim probably spent another $9,000,000 on being a Kardashian - employing a bunch, a pant load, a pile of folks to keep her being a Kardashian.

If she had to ship Uncle Sam another $1,240,000 - would it have been spent creating the employment that it would in her hands?

Note - 3,500,000,000,000 Budget - 300,000,000 population - Share of the Burden for each person $11,666 -

The example corporations need to follow is Kim's - she spend her dead presidents with abandon.

aletier_v

(1,773 posts)
5. Amazingly flawed analysis
Tue Dec 20, 2011, 10:24 PM
Dec 2011

Are you sure you're not a republican?

KK - $1.24m / $12 million = 10.33%.

Average CA resident - $4372/48K = 9.1%

dawg

(10,624 posts)
6. This sounds fishy to me.
Tue Dec 20, 2011, 10:31 PM
Dec 2011

It is misleading at the very least. The video shows Kim doing her "promotional" schtick. But all that would be taxable at ordinary rates. She must have made most of her money through investments (family money) or a large capital gain. Otherwise, her tax rate would be much higher.

dawg

(10,624 posts)
7. No. Wait. I'm replying to myself ...
Tue Dec 20, 2011, 10:32 PM
Dec 2011

Even capital gains would be more than that. She would need to be making most of her money from tax free municipal bonds.

Unless that video is only talking about the California state income tax?

I'll bet it is. Isn't there a proposal for a surtax on millionaires in California? That's what this is about.

Kim's probably paying upwards of 20% in federal income taxes.

hfojvt

(37,573 posts)
9. that's what I thought too - California taxes, not Federal taxes
Tue Dec 20, 2011, 11:25 PM
Dec 2011

kinda misleading too, to say "barely any taxes"

Missy Vixen

(16,207 posts)
11. She's probably making even more this year
Tue Dec 20, 2011, 11:32 PM
Dec 2011

Her sham of a wedding threw off an estimated $16 million alone, and the groom is not entitled to any of the cash, BTW, according to their prenuptial agreement.

The only way Kardashian does not have a soapbox is if people stop watching her show, buying things she endorses, etcetera.

 

Zalatix

(8,994 posts)
14. I'd rather the Courage Campaign target the Waltons or the Kochs
Wed Dec 21, 2011, 01:31 AM
Dec 2011

Kim Kardashian is on a waiting list to get ON my waiting list of peeves.

Latest Discussions»General Discussion»Kim Kardashian Made $12 M...