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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 1883 Views
A not so hypothetical situation... wooly - 23/02/2012 05:46:44 AM 1278 Views
Your paying more money now than then. Lower rate but more money *NM* Urza - 23/02/2012 07:52:51 AM 752 Views
Accurate statement, but not a justification *NM* wooly - 23/02/2012 03:44:55 PM 629 Views
Re: A not so hypothetical situation... Macharius - 23/02/2012 02:39:43 PM 1375 Views
I don't know much about that. wooly - 23/02/2012 03:53:27 PM 1177 Views
Why the heck do you think the current tax system is skewed to the rich? Anonymous2000 - 23/02/2012 03:18:43 PM 1402 Views
That's a fair question wooly - 23/02/2012 03:52:08 PM 1286 Views
Once again, poor people have no money with which to pay taxes. Joel - 23/02/2012 06:23:07 AM 1426 Views
50% of America is not "poor" or too poor to pay federal income taxes..... Anonymous2000 - 23/02/2012 01:01:24 PM 1310 Views
It clearly is, if they're not paying taxes. Macharius - 23/02/2012 02:32:54 PM 1305 Views
Regarding the mortgage deduction..... Anonymous2000 - 23/02/2012 03:20:37 PM 1375 Views
You base that statement on what, exactly? Fervent desire that it be true? Joel - 25/02/2012 12:43:30 AM 1840 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 1615 Views
Interesting, but lacking the data I consider critical; FICA etc. should not be counted, IMHO. Joel - 25/02/2012 02:10:45 AM 1480 Views
It's a phrasing thing, permits more bullshit Isaac - 25/02/2012 04:41:06 AM 1424 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 1903 Views
Well they are compelling in some ways, but they got you again Isaac - 25/02/2012 05:21:34 PM 1313 Views
They both used AGI, so there has to be something else missing. Joel - 27/02/2012 10:07:58 AM 1289 Views
You're operating under the same fallacy he does - that people should pay income taxes. Cannoli - 23/02/2012 12:05:52 PM 1497 Views
In much the same way Jacob - 23/02/2012 01:40:58 PM 1428 Views
Same argument re: fallacies Cannoli - 24/02/2012 02:52:17 PM 1286 Views
Was meant as a joke reply Jacob - 02/03/2012 06:30:15 PM 1584 Views
Joel is crazy, but I highly doubt that this is "why" Tom - 23/02/2012 01:36:37 PM 1499 Views
HA! HA! Very well played! *NM* Anonymous2000 - 23/02/2012 03:49:35 PM 567 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 1270 Views
Joel, get your head out of your ass, if that is possible Tom - 25/02/2012 07:02:34 PM 1323 Views
You kiss your momma with that ad hominem? Joel - 27/02/2012 09:11:33 AM 1483 Views
You mention this statistic all the time. Macharius - 23/02/2012 02:16:47 PM 1164 Views
Obviously, we are talking about the bottom 50%..... Anonymous2000 - 23/02/2012 03:22:43 PM 1155 Views
How do you account for retired folks? Macharius - 23/02/2012 04:18:59 PM 1385 Views
social security isn't taxable either *NM* Jim - 24/02/2012 04:21:21 AM 656 Views
Easy... he doesn't. Dannymac - 25/02/2012 02:56:05 AM 1122 Views
I wonder how much of that statistic is students LadyLorraine - 23/02/2012 02:22:58 PM 1405 Views
The number "paying taxes" should include dependents of those paying Floffe - 23/02/2012 02:39:21 PM 1364 Views
yah I read the link, but apparently I just didn't understand their explanation. LadyLorraine - 23/02/2012 05:40:54 PM 1173 Views
Federal taxes Aeryn - 23/02/2012 04:18:22 PM 1302 Views
Your figures are fairly unrealistic Isaac - 23/02/2012 04:54:44 PM 1461 Views
Not entirely. Tom - 23/02/2012 06:30:18 PM 1236 Views
Yeah I don't normally assume NY as a baseline Isaac - 23/02/2012 06:41:37 PM 1293 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 1277 Views
We don't tax transport of property either Isaac - 25/02/2012 08:16:53 PM 1307 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 607 Views
On exempting SS income: Joel - 25/02/2012 02:30:43 AM 1221 Views
Is there any reason why one should exclude the other? Legolas - 23/02/2012 07:32:09 PM 1290 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 1396 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 768 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 1417 Views
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