Washington Post similar to Anonymous', but shows how many people get each credit.
Joel Send a noteboard - 19/09/2012 06:45:08 PM
75% of those non-payers (35% of America) either are retired elderly people, get the child tax credit and/or get the Earned Income Credit for the working poor. An amusing footnote is that 4000 non-payers are millionaire investors getting a break on their capital gains tax.
Remember when I said most of the nonpayers (nearly everyone except retired people) were due to GOP sponsored tax credits? Here is an article detailing that:
http://keithhennessey.com/2010/04/15/off-the-rolls/
Note also that the first article references George Bush bragging about taking 5 million people off the tax rolls in 2004; back then, Republicans LIKED that.
Remember when I said most of the nonpayers (nearly everyone except retired people) were due to GOP sponsored tax credits? Here is an article detailing that:
http://keithhennessey.com/2010/04/15/off-the-rolls/
Note also that the first article references George Bush bragging about taking 5 million people off the tax rolls in 2004; back then, Republicans LIKED that.
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Last First in wotmania Chat
Slightly better than chocolate.
Love still can't be coerced.
Please Don't Eat the Newbies!
LoL. Be well, RAFOlk.
what does it mean to "pay no federal income tax"?
- 18/09/2012 06:30:28 PM
1211 Views
Wrong
- 18/09/2012 06:37:07 PM
759 Views
Additional categories
- 18/09/2012 06:51:46 PM
883 Views
SS income is very much taxed, my friend
- 18/09/2012 06:59:28 PM
756 Views
Is that true?
- 18/09/2012 06:54:33 PM
777 Views
No, it's not. See my post (you should really have read it first 
) *NM*
- 18/09/2012 07:00:07 PM
320 Views
) *NM*
- 18/09/2012 07:00:07 PM
320 Views
Looking at that chart you linked, I have some questions.
- 18/09/2012 07:05:24 PM
736 Views
I think the reasoning is that since they go to entitlement programs, it's not entirely a tax.
- 18/09/2012 10:55:12 PM
702 Views
Does that mean the correct number is that 27.6%?
- 18/09/2012 07:17:46 PM
744 Views
That is correct - some folks have such negative income taxes, it offsets payroll as well.
- 19/09/2012 05:28:07 AM
748 Views
If it helps, here's a graph of effective federal tax rate by quintile, all taxes (data from 2007)
- 19/09/2012 08:30:37 AM
992 Views
While we're talking about taxes, am I the only one who doesn't give a rat's ass about Romney's?
- 18/09/2012 10:37:12 PM
738 Views
That sort of thing does matter to me
- 18/09/2012 10:48:30 PM
691 Views
Ah, yeah, not so much for me.
- 18/09/2012 11:16:56 PM
666 Views
I am a BIT curious whether he took the IRS amnesty for tax dodging in 2009.
- 18/09/2012 11:32:31 PM
647 Views
As an outside observer ...
- 19/09/2012 01:28:13 AM
731 Views
Re: As an outside observer ...
- 19/09/2012 04:45:11 AM
697 Views
the question of legality has already been covered by the offshore accounts though....
- 19/09/2012 05:44:28 AM
713 Views
Eh, those already exist, if people bothered to look
- 19/09/2012 08:08:35 AM
920 Views
Those are toothless examples, no bite to them and old news so no shock value aspect
- 19/09/2012 08:44:01 AM
661 Views
The stat is valid, because of tax credits the GOP created/expanded for the overtaxed middle class.
- 18/09/2012 11:22:13 PM
726 Views
I think you got it wrong:
- 19/09/2012 01:52:30 AM
682 Views
+1 - you are correct, moondog screwed the pooch with this post. *NM*
- 19/09/2012 05:18:19 AM
304 Views
Washington Post similar to Anonymous', but shows how many people get each credit.
- 19/09/2012 06:45:08 PM
793 Views