My personal example shows that now that I am successful enough to have money invested in the market it gives me the chance to make even more money. The part that seems weird to me is that my new income is taxed at a lower rate than what I was paying before. So I am making more money because I already have some money and the govt is taking less percentagewise.
Why Joel is CRAZY - Nearly Half of All Americans Don't Pay Federal Income Taxes
- 23/02/2012 04:43:15 AM
1978 Views
Income taxes are not the only kind of taxes. 86% of Americans pay payroll or income tax.
- 23/02/2012 09:51:50 PM
1495 Views
A not so hypothetical situation...
- 23/02/2012 05:46:44 AM
1345 Views
Your paying more money now than then. Lower rate but more money *NM*
- 23/02/2012 07:52:51 AM
803 Views
Why the heck do you think the current tax system is skewed to the rich?
- 23/02/2012 03:18:43 PM
1472 Views
That's a fair question
- 23/02/2012 03:52:08 PM
1351 Views
Once again, poor people have no money with which to pay taxes.
- 23/02/2012 06:23:07 AM
1500 Views
50% of America is not "poor" or too poor to pay federal income taxes.....
- 23/02/2012 01:01:24 PM
1378 Views
You base that statement on what, exactly? Fervent desire that it be true?
- 25/02/2012 12:43:30 AM
1928 Views
2009 (the year cited for this claim) was an outlier because of temporary tax cuts and the economy.
- 25/02/2012 01:14:01 AM
1700 Views
Interesting, but lacking the data I consider critical; FICA etc. should not be counted, IMHO.
- 25/02/2012 02:10:45 AM
1551 Views
It's a phrasing thing, permits more bullshit
- 25/02/2012 04:41:06 AM
1497 Views
Maybe I am just playing the same game,but I find stats from "the other side" compelling in some ways
- 25/02/2012 10:36:40 AM
1999 Views
You're operating under the same fallacy he does - that people should pay income taxes.
- 23/02/2012 12:05:52 PM
1600 Views
In much the same way
- 23/02/2012 01:40:58 PM
1499 Views
Joel is crazy, but I highly doubt that this is "why"
- 23/02/2012 01:36:37 PM
1580 Views
I see your point, but not how it changes much in the conversation where we discussed that
- 25/02/2012 01:49:29 AM
1352 Views
You mention this statistic all the time.
- 23/02/2012 02:16:47 PM
1242 Views
Obviously, we are talking about the bottom 50%.....
- 23/02/2012 03:22:43 PM
1225 Views
I wonder how much of that statistic is students
- 23/02/2012 02:22:58 PM
1481 Views
The number "paying taxes" should include dependents of those paying
- 23/02/2012 02:39:21 PM
1437 Views
yah I read the link, but apparently I just didn't understand their explanation.
- 23/02/2012 05:40:54 PM
1245 Views
Federal taxes
- 23/02/2012 04:18:22 PM
1380 Views
Your figures are fairly unrealistic
- 23/02/2012 04:54:44 PM
1545 Views
Not entirely.
- 23/02/2012 06:30:18 PM
1317 Views
Yeah I don't normally assume NY as a baseline 
- 23/02/2012 06:41:37 PM
1368 Views
- 23/02/2012 06:41:37 PM
1368 Views
It probably isn't. We even tax delivery fees, gardening services and other things with sales tax.
- 25/02/2012 07:03:46 PM
1351 Views
We don't tax transport of property either 
- 25/02/2012 08:16:53 PM
1382 Views
- 25/02/2012 08:16:53 PM
1382 Views
Places usually get around it with free delivery. A tax on a $0 item is still $0. *NM*
- 25/02/2012 09:12:22 PM
647 Views
Income taxes are not the only kind of taxes. 86% of Americans pay payroll or income tax.
- 23/02/2012 09:51:50 PM
1495 Views
And give the riff raff a reason to become involved in politics? Are you daft? *NM*
- 24/02/2012 05:04:51 AM
809 Views
25% of america is under 18, that means ~25% of the rest are not working or paid very little
- 25/02/2012 08:17:52 PM
1491 Views