Active Users:363 Time:17/06/2025 07:27:09 AM
Your figures are fairly unrealistic Isaac Send a noteboard - 23/02/2012 04:54:44 PM
Is it such a travesty that someone who makes $15,000 per year only pays 7.65% (SS/Med) + 7.00% (city+state) + 8% (sales) in taxes, and 0% in federal taxes?


Sales taxes usually only apply to certain purchases, not all purchases and thus don't act like an income tax, and most states and localities with an income tax have a progressive one with the usual deductions, same as federal, you're implying a tax on top of the federal of 22.65% for people making 15k a year, and that's just not the case. Assuming the state even had a flat income tax, as opposed to none or a progressive one, they'd still have less than 15k as taxable income and a number of purchases which weren't sales taxed. The implication someone making 15k is paying $3,400 in SS, State/local and sales tax is just not accurate. Its not non-zero [assuming they aren't getting money in the form of earned income credits or welfare] but it's likely to mostly be in the form of gas tax, sales tax on soda/beer/cigs, various luxuries, etc. Food and second hand items normally aren't sales taxed and in some states neither is clothing or some other items.
The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift.
- Albert Einstein

King of Cairhien 20-7-2
Chancellor of the Landsraad, Archduke of Is'Mod
Reply to message
Why Joel is CRAZY - Nearly Half of All Americans Don't Pay Federal Income Taxes - 23/02/2012 04:43:15 AM 1675 Views
A not so hypothetical situation... - 23/02/2012 05:46:44 AM 1089 Views
Your paying more money now than then. Lower rate but more money *NM* - 23/02/2012 07:52:51 AM 644 Views
Accurate statement, but not a justification *NM* - 23/02/2012 03:44:55 PM 542 Views
Re: A not so hypothetical situation... - 23/02/2012 02:39:43 PM 1182 Views
I don't know much about that. - 23/02/2012 03:53:27 PM 1000 Views
Why the heck do you think the current tax system is skewed to the rich? - 23/02/2012 03:18:43 PM 1217 Views
That's a fair question - 23/02/2012 03:52:08 PM 1113 Views
Once again, poor people have no money with which to pay taxes. - 23/02/2012 06:23:07 AM 1238 Views
You're operating under the same fallacy he does - that people should pay income taxes. - 23/02/2012 12:05:52 PM 1274 Views
In much the same way - 23/02/2012 01:40:58 PM 1237 Views
Same argument re: fallacies - 24/02/2012 02:52:17 PM 1069 Views
Was meant as a joke reply - 02/03/2012 06:30:15 PM 1386 Views
Joel is crazy, but I highly doubt that this is "why" - 23/02/2012 01:36:37 PM 1268 Views
HA! HA! Very well played! *NM* - 23/02/2012 03:49:35 PM 495 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 1058 Views
Joel, get your head out of your ass, if that is possible - 25/02/2012 07:02:34 PM 1109 Views
You kiss your momma with that ad hominem? - 27/02/2012 09:11:33 AM 1284 Views
You mention this statistic all the time. - 23/02/2012 02:16:47 PM 959 Views
Obviously, we are talking about the bottom 50%..... - 23/02/2012 03:22:43 PM 988 Views
How do you account for retired folks? - 23/02/2012 04:18:59 PM 1196 Views
social security isn't taxable either *NM* - 24/02/2012 04:21:21 AM 564 Views
Easy... he doesn't. - 25/02/2012 02:56:05 AM 944 Views
I wonder how much of that statistic is students - 23/02/2012 02:22:58 PM 1213 Views
Federal taxes - 23/02/2012 04:18:22 PM 1092 Views
Your figures are fairly unrealistic - 23/02/2012 04:54:44 PM 1280 Views
Not entirely. - 23/02/2012 06:30:18 PM 1027 Views
On exempting SS income: - 25/02/2012 02:30:43 AM 1037 Views
Is there any reason why one should exclude the other? - 23/02/2012 07:32:09 PM 1096 Views

Reply to Message