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You base that statement on what, exactly? Fervent desire that it be true? Joel Send a noteboard - 25/02/2012 12:43:30 AM
That's just silly. Everybody needs some skin in the game or the welfare mentality sets in. Perhaps a nice flat tax without any deductions, except charity and mortgage?

Everyone should support this.

$11,600. That is the standard deduction for married joint filers in 2011; it is lower for everyone else. Anyone earning less than that is DIRT poor, and anyone earning more than that is paying income tax in addition to FICA.

Frankly, I doubt the veracity of the whole claim, and would like to see the statistical basis for it. I suspect those promoting simply point to people having OVERPAID the tax they owed during the course of the year, and consequently owing no ADDITIONAL tax (or recording a refund) when they file their tax return. However, just because someone paid $1000 worth of withholding in a year when they only owed $500 does not mean they "paid no tax." It simply means they paid more than owed, an argument for 1) raising tax rates, 2) reducing exemptions, deductions, credits and loopholes or 3) both. In no case it is an argument millionaires should pay less (it is just the opposite in EVERY case,) and certainly not in the case of people earning <$11,600/year.
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Why Joel is CRAZY - Nearly Half of All Americans Don't Pay Federal Income Taxes - 23/02/2012 04:43:15 AM 1407 Views
A not so hypothetical situation... - 23/02/2012 05:46:44 AM 832 Views
Your paying more money now than then. Lower rate but more money *NM* - 23/02/2012 07:52:51 AM 508 Views
Accurate statement, but not a justification *NM* - 23/02/2012 03:44:55 PM 397 Views
Re: A not so hypothetical situation... - 23/02/2012 02:39:43 PM 938 Views
I don't know much about that. - 23/02/2012 03:53:27 PM 774 Views
Why the heck do you think the current tax system is skewed to the rich? - 23/02/2012 03:18:43 PM 972 Views
That's a fair question - 23/02/2012 03:52:08 PM 861 Views
Once again, poor people have no money with which to pay taxes. - 23/02/2012 06:23:07 AM 990 Views
50% of America is not "poor" or too poor to pay federal income taxes..... - 23/02/2012 01:01:24 PM 887 Views
It clearly is, if they're not paying taxes. - 23/02/2012 02:32:54 PM 849 Views
Regarding the mortgage deduction..... - 23/02/2012 03:20:37 PM 972 Views
You base that statement on what, exactly? Fervent desire that it be true? - 25/02/2012 12:43:30 AM 1360 Views
You're operating under the same fallacy he does - that people should pay income taxes. - 23/02/2012 12:05:52 PM 1030 Views
In much the same way - 23/02/2012 01:40:58 PM 983 Views
Same argument re: fallacies - 24/02/2012 02:52:17 PM 813 Views
Was meant as a joke reply - 02/03/2012 06:30:15 PM 1000 Views
Joel is crazy, but I highly doubt that this is "why" - 23/02/2012 01:36:37 PM 1021 Views
HA! HA! Very well played! *NM* - 23/02/2012 03:49:35 PM 355 Views
You mention this statistic all the time. - 23/02/2012 02:16:47 PM 708 Views
Obviously, we are talking about the bottom 50%..... - 23/02/2012 03:22:43 PM 742 Views
How do you account for retired folks? - 23/02/2012 04:18:59 PM 957 Views
social security isn't taxable either *NM* - 24/02/2012 04:21:21 AM 412 Views
Easy... he doesn't. - 25/02/2012 02:56:05 AM 692 Views
I wonder how much of that statistic is students - 23/02/2012 02:22:58 PM 967 Views
Federal taxes - 23/02/2012 04:18:22 PM 831 Views
Your figures are fairly unrealistic - 23/02/2012 04:54:44 PM 1030 Views
Not entirely. - 23/02/2012 06:30:18 PM 779 Views
On exempting SS income: - 25/02/2012 02:30:43 AM 782 Views
Is there any reason why one should exclude the other? - 23/02/2012 07:32:09 PM 830 Views

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