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That's a fair question wooly Send a noteboard - 23/02/2012 03:52:08 PM
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.
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Why Joel is CRAZY - Nearly Half of All Americans Don't Pay Federal Income Taxes Anonymous2000 - 23/02/2012 04:43:15 AM 1925 Views
A not so hypothetical situation... wooly - 23/02/2012 05:46:44 AM 1305 Views
Your paying more money now than then. Lower rate but more money *NM* Urza - 23/02/2012 07:52:51 AM 776 Views
Accurate statement, but not a justification *NM* wooly - 23/02/2012 03:44:55 PM 647 Views
Re: A not so hypothetical situation... Macharius - 23/02/2012 02:39:43 PM 1412 Views
I don't know much about that. wooly - 23/02/2012 03:53:27 PM 1204 Views
Why the heck do you think the current tax system is skewed to the rich? Anonymous2000 - 23/02/2012 03:18:43 PM 1434 Views
That's a fair question wooly - 23/02/2012 03:52:08 PM 1313 Views
Once again, poor people have no money with which to pay taxes. Joel - 23/02/2012 06:23:07 AM 1452 Views
50% of America is not "poor" or too poor to pay federal income taxes..... Anonymous2000 - 23/02/2012 01:01:24 PM 1336 Views
It clearly is, if they're not paying taxes. Macharius - 23/02/2012 02:32:54 PM 1334 Views
Regarding the mortgage deduction..... Anonymous2000 - 23/02/2012 03:20:37 PM 1402 Views
You base that statement on what, exactly? Fervent desire that it be true? Joel - 25/02/2012 12:43:30 AM 1868 Views
2009 (the year cited for this claim) was an outlier because of temporary tax cuts and the economy. Dreaded Anomaly - 25/02/2012 01:14:01 AM 1644 Views
Interesting, but lacking the data I consider critical; FICA etc. should not be counted, IMHO. Joel - 25/02/2012 02:10:45 AM 1509 Views
It's a phrasing thing, permits more bullshit Isaac - 25/02/2012 04:41:06 AM 1448 Views
Maybe I am just playing the same game,but I find stats from "the other side" compelling in some ways Joel - 25/02/2012 10:36:40 AM 1939 Views
Well they are compelling in some ways, but they got you again Isaac - 25/02/2012 05:21:34 PM 1342 Views
They both used AGI, so there has to be something else missing. Joel - 27/02/2012 10:07:58 AM 1313 Views
You're operating under the same fallacy he does - that people should pay income taxes. Cannoli - 23/02/2012 12:05:52 PM 1531 Views
In much the same way Jacob - 23/02/2012 01:40:58 PM 1454 Views
Same argument re: fallacies Cannoli - 24/02/2012 02:52:17 PM 1317 Views
Was meant as a joke reply Jacob - 02/03/2012 06:30:15 PM 1609 Views
Joel is crazy, but I highly doubt that this is "why" Tom - 23/02/2012 01:36:37 PM 1530 Views
HA! HA! Very well played! *NM* Anonymous2000 - 23/02/2012 03:49:35 PM 590 Views
I see your point, but not how it changes much in the conversation where we discussed that Joel - 25/02/2012 01:49:29 AM 1302 Views
Joel, get your head out of your ass, if that is possible Tom - 25/02/2012 07:02:34 PM 1351 Views
You kiss your momma with that ad hominem? Joel - 27/02/2012 09:11:33 AM 1516 Views
You mention this statistic all the time. Macharius - 23/02/2012 02:16:47 PM 1200 Views
Obviously, we are talking about the bottom 50%..... Anonymous2000 - 23/02/2012 03:22:43 PM 1184 Views
How do you account for retired folks? Macharius - 23/02/2012 04:18:59 PM 1411 Views
social security isn't taxable either *NM* Jim - 24/02/2012 04:21:21 AM 677 Views
Easy... he doesn't. Dannymac - 25/02/2012 02:56:05 AM 1149 Views
I wonder how much of that statistic is students LadyLorraine - 23/02/2012 02:22:58 PM 1434 Views
The number "paying taxes" should include dependents of those paying Floffe - 23/02/2012 02:39:21 PM 1392 Views
yah I read the link, but apparently I just didn't understand their explanation. LadyLorraine - 23/02/2012 05:40:54 PM 1201 Views
Federal taxes Aeryn - 23/02/2012 04:18:22 PM 1336 Views
Your figures are fairly unrealistic Isaac - 23/02/2012 04:54:44 PM 1486 Views
Not entirely. Tom - 23/02/2012 06:30:18 PM 1266 Views
Yeah I don't normally assume NY as a baseline Isaac - 23/02/2012 06:41:37 PM 1319 Views
It probably isn't. We even tax delivery fees, gardening services and other things with sales tax. Tom - 25/02/2012 07:03:46 PM 1305 Views
We don't tax transport of property either Isaac - 25/02/2012 08:16:53 PM 1335 Views
Places usually get around it with free delivery. A tax on a $0 item is still $0. *NM* Tom - 25/02/2012 09:12:22 PM 627 Views
On exempting SS income: Joel - 25/02/2012 02:30:43 AM 1248 Views
Is there any reason why one should exclude the other? Legolas - 23/02/2012 07:32:09 PM 1320 Views
Income taxes are not the only kind of taxes. 86% of Americans pay payroll or income tax. Dreaded Anomaly - 23/02/2012 09:51:50 PM 1430 Views
And give the riff raff a reason to become involved in politics? Are you daft? *NM* Vodalus - 24/02/2012 05:04:51 AM 786 Views
25% of america is under 18, that means ~25% of the rest are not working or paid very little moondog - 25/02/2012 08:17:52 PM 1444 Views
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