JPMorgan CEO Jamie Dimon doesn’t know his tax rate

NO WAY is he paying 50% of $20.8 million in income taxes. Much of that income is probably Capital Gains and that is 15%. Plus a zillion deductions. Come on Dimon, why don't you show us what you REALLY paid.

He doesn't know his tax rate because he probably doesn't pay any or not very much. BTW, Dimon doesn't get it. People don't "hate" successful or rich people if they truly earned it. But if they got there by hook, crook, or the sweat of others WITHOUT giving back or caring anything for their employees or customers. Profit & greed above all means there is a reckoning coming. What did Dimon do to "earn" 20.8 million dollars in pay?

Amazing that during the recession, no bank CEO lost their entire worth and skydived out of their 50th floor office onto the pavement below or went to prison.

What the hell is going on with our laws that a CEO like Richard Fuld can bankrupt Lehman Brothers, get a $40 million golden parachute and still be worth $200 million while millions of retirees are now completely dependent on Social Security as they lost everything? Why isn't anyone criminally or financially liable anymore?

"Most of us wage earners..." Oh man. This guy needs to be slapped.

What exactly did Dimon do to earn that 20.8 million? Build a better product? no. Create more innovative services? No. Make any money for his company? No. Lay off rank and file workers? Yes. Outsource jobs? Yes. Break laws? Yes. Skirt the law? Yes. Pay his fair share of taxes? No.

Taxes?? What are those?? I only keep track of my political donations!

I don't begrudge ANYONE for being rich. What upsets me is that the rich can buy politicians who write tax code to give them even more tax breaks so they don't pay as much as we do.Another thing that pisses me off is that they made their money by selling garbage paper to countires and funds that eventually killed most peoples 401K accounts, house values and ultimately cost people their jobs.So he can just sit on his high horse praising his "Superior Performance" all the while knowing he had a partial hand in the financial meltdown and destruction of the wealth of the "average" folk.It's people like Jamie Dimon that fan the flames of the OWS folk.If kharma really works, perhaps Dimon will come back in the next life as a beggar on the streets of New Dehli, India!

His company, JP Morgan Chase, got $94.7 billion in bailouts and loan guarantees. I am sure that his stock options earned him many, many times more money due to that "welfare" than he pays out in income taxes over the course of several years.

Why isn't this guy in jail for fraud?

Hey Dimon, pretty easy to be "succesful" when the taxpayer is bailing your Ar$e out of your mistakes....39.6% isn't enough.

3+ billions in bailout funds and they only get slapped with a 150+ million $ fine. I like that ratio. Guess it must be the smoking mirrors method of compounding fines and penalties.

"Acting like everyone who's been successful is bad and that everyone who is rich is bad — I just don't get it," - Obviously you don't get it because thats not what it is about (no matter how much the media says it is) it is about the use of wealth the control the political system of the many - and you don't get it.

Now - why has he not been asked to step down since CHASE has agreed to pay $153 million dollars for misleading investors. He is indeed one of the biggest crooks.

Do I think Jamie and other executives earn too much? You betcha. The value they add to a company is not 500 times the average worker. But that is how they are being paid, and the perceived self-worth of these executives as they pat themselves on the back and give themselves obscene pay raises truly boggles the mind. Jamie's quote in this article shows the skewed entitlement frame-of-mind held by most executives.

However, I take issue with comment about JPMorgan receiving $3 billion in taxpayers money. JPMorgan did not ask for the funds as they were not at risk of failing. However, our government in all of its TARP wisdom doled the money out to all major banks. As soon as the government allowed it, JPMorgan paid all this money back with interest. I see this as a bad fiscal decision by the government, not JPMorgan.

Ah, one of the "rulers" of this country......and one of THE biggest parasites.

stealing from the middle class and bringing down the american economy IS NOW CALLED BEING SUCCESSFUL. THE MIDDLE CLASS TRYING TO GET THEIR MONEY AND LIVES BACK IS CLASS WARFARE, SOCIALISM, "UNAMERICAN"

So sad, what a dick

Success and riches aren't bad if you've played by common rules. Never the case with people like Dimond.

i bet you after deductions he paid less that 10%

Why should he know his tax rate? I know it, it's 0%. Actually, he gets money back from the government so he can continue to outsource jobs to countries outside the US. Only idiot low and middle class suckers pay taxes.