Active Users:643 Time:03/08/2025 04:44:31 AM
Back to Messageboard Post New Thread Search Help Stats Rules
That is correct - some folks have such negative income taxes, it offsets payroll as well. Anonymous2000 Send a noteboard - 19/09/2012 05:28:07 AM
But once again, 47% do not pay any federal income taxes, which is ridiculous. We can't have half the country footing the bill for the other half. That's dangerous and doomed to failure.
Reply to message
what does it mean to "pay no federal income tax"? moondog - 18/09/2012 06:30:28 PM 1066 Views
Wrong Dark Knight - 18/09/2012 06:37:07 PM 626 Views
Additional categories Jragghen - 18/09/2012 06:51:46 PM 736 Views
SS income is very much taxed, my friend Dark Knight - 18/09/2012 06:59:28 PM 608 Views
Re: SS income is very much taxed, my friend Jragghen - 18/09/2012 07:22:35 PM 597 Views
The wealthy get their income from investments Dark Knight - 18/09/2012 07:33:55 PM 668 Views
ok moondog - 19/09/2012 05:46:49 AM 699 Views
Is that true? Sareitha Sedai - 18/09/2012 06:54:33 PM 641 Views
No, it's not. See my post (you should really have read it first ) *NM* Dark Knight - 18/09/2012 07:00:07 PM 252 Views
No Roland00 - 18/09/2012 06:56:43 PM 624 Views
Looking at that chart you linked, I have some questions. Nate - 18/09/2012 07:05:24 PM 588 Views
Payroll taxes are for Social Security and Medicare/Medicaid Dark Knight - 18/09/2012 07:11:57 PM 585 Views
I think the reasoning is that since they go to entitlement programs, it's not entirely a tax. Tom - 18/09/2012 10:55:12 PM 558 Views
Does that mean the correct number is that 27.6%? Legolas - 18/09/2012 07:17:46 PM 601 Views
That is correct - some folks have such negative income taxes, it offsets payroll as well. Anonymous2000 - 19/09/2012 05:28:07 AM 605 Views
If it helps, here's a graph of effective federal tax rate by quintile, all taxes (data from 2007) Jragghen - 19/09/2012 08:30:37 AM 827 Views
While we're talking about taxes, am I the only one who doesn't give a rat's ass about Romney's? nossy - 18/09/2012 10:37:12 PM 574 Views
That sort of thing does matter to me snoopcester - 18/09/2012 10:48:30 PM 552 Views
Ah, yeah, not so much for me. nossy - 18/09/2012 11:16:56 PM 527 Views
You gave that away with your first post snoopcester - 18/09/2012 11:49:28 PM 519 Views
No way! nossy - 19/09/2012 01:41:04 PM 546 Views
Yuh huh! snoopcester - 19/09/2012 08:56:01 PM 575 Views
I am a BIT curious whether he took the IRS amnesty for tax dodging in 2009. Joel - 18/09/2012 11:32:31 PM 505 Views
As an outside observer ... Nate - 19/09/2012 01:28:13 AM 601 Views
Re: As an outside observer ... Isaac - 19/09/2012 04:45:11 AM 552 Views
the question of legality has already been covered by the offshore accounts though.... moondog - 19/09/2012 05:44:28 AM 572 Views
Different situation then the Birther stuff Isaac - 19/09/2012 07:02:09 AM 528 Views
Eh, those already exist, if people bothered to look Jragghen - 19/09/2012 08:08:35 AM 753 Views
Those are toothless examples, no bite to them and old news so no shock value aspect Isaac - 19/09/2012 08:44:01 AM 513 Views
It's a conflict of interest. Aeryn - 21/09/2012 09:52:58 PM 527 Views
The stat is valid, because of tax credits the GOP created/expanded for the overtaxed middle class. Joel - 18/09/2012 11:22:13 PM 582 Views
I think you got it wrong: Narg - 19/09/2012 01:52:30 AM 543 Views
+1 - you are correct, moondog screwed the pooch with this post. *NM* Anonymous2000 - 19/09/2012 05:18:19 AM 239 Views
Easier to read/understand - WSJ data on the 47% Anonymous2000 - 19/09/2012 05:25:01 AM 698 Views
Washington Post similar to Anonymous', but shows how many people get each credit. Joel - 19/09/2012 06:45:08 PM 636 Views
Back to Messageboard Post New Thread Search Help Stats Rules

Reply to Message

Block Quote Paragraph Quote
Formatting
Smiley Codes