Half of the Country Doesn't Pay Income Tax?

[ultimatebob]

Damn straight. It's MY MONEY, NOT YOURS!!!! More tax cuts for me, and make the poor/middle class pay more. It's the ONLY way out of this death spiral.

Wow... this is sig worthy material here

 

[spidey07]

Wow... this is sig worthy material here

I just want poor and middle class to pay their fair share. Zero is NOT fair.

 

[Xellos2099]

Well, half of the country certain do not pay Federal income tax. Rather than raising tax I would rather cut ALL refundable tax credit like Additional child tax credit and EIC. I am perfectly fine with non-refundable credit as all it do is to reduce the tax liability but the major problem is EIC. An average low income family with 2 child get average of $4000-$5000 back because of EIC and additional tax credit. You do the math on how much the government give out per year because of this.

While we are on it, make it so underage female ineligible for welfare if they get babies. You may call me a racist but this shit must stop as many of them got babies as young as 14-15 and get government handout.

 

[Engineer]

Damn straight. It's MY MONEY, NOT YOURS!!!! More tax cuts for me, and make the poor/middle class pay more. It's the ONLY way out of this death spiral.

LOL, you're full of shit. The only way out of this death spiral is when those at the top quit sending good paying jobs from those at the bottom out of this country. Nothing to do with taxes.

But of course, you get to keep yours and fuck everyone else. At some point, your money and guns won't be enough.....just saying.

 

[Jhhnn]

I just want poor and middle class to pay their fair share. Zero is NOT fair.

They already pay a large share of the *total cost of govt* via taxes other than federal income taxes.

Once that's acknowledged as the truth, which it is, your raving becomes meaningless denial.

 

[Engineer]

They already pay a large share of the *total cost of govt* via taxes other than federal income taxes.

Once that's acknowledged as the truth, which it is, your raving becomes meaningless denial.

He doesn't give a shit about that. He just sees that one "tree" as being out of place without looking at the rest of the "forest". He want everyone else to have a smaller tree while he gets a bigger one.

I'll admit that EIC and other credits should not be refundable (i.e. never a negative tax) but I don't see taking taxes (more) from the very bottom as doing anything but stirring up more shit. Until those "job creators" at the top actually create jobs HERE instead of the rest of the world......

 

[dmcowen674]

I don't see taking taxes (more) from the very bottom as doing anything but stirring up more shit.

Until those "job creators" at the top actually create jobs HERE instead of the rest of the world......

Here Here :thumbsup:

 

[her209]

I just want poor and middle class to pay their fair share. Zero is NOT fair.

When are the red states going to be paying their "fair share" then?

 

[Budmantom]

Is that true? They keep saying stuff like that on the news.

Yes, it would be the same half that utilizes all of their "benefits".

We have people that pay into the system and people that use the system.

 

[Jhhnn]

I'll admit that EIC and other credits should not be refundable (i.e. never a negative tax) but I don't see taking taxes (more) from the very bottom as doing anything but stirring up more shit. Until those "job creators" at the top actually create jobs HERE instead of the rest of the world......

Look at it from the other side, from the pov of don't pay fer shit employers. It's a subsidy to them, so they can make more money, loan it to the govt, to pay EITC...

It prevents labor unrest, and even more importantly, labor organizing.

For low income families, the lump sum payment acts as a form of savings, something they can use to upgrade their transportation or living situation, have the upfront money to move to a better neighborhood, buy a washer & dryer or a freezer. Doesn't always work out that way, but it can.

Long term savings from owning a washer & dryer vs going to the laundromat are quite large, for example. The system is extremely exploitative of people at the bottom. Once they're living hand to mouth, they have to buy the small size of everything, pay more per each of whatever we're talking about- loads of laundry, servings of food, rolls of toilet paper, packs of cigarettes, you name it. Even rent- crappy apartments in lousy neighborhoods often cost as much as nicer ones in better neighborhoods, but the latter aren't on a bus line, and you need first & last months' rent + deposit to get in. Free checking? Try money orders at the check cashing place. High credit card interest? Check the rates at the payday loan outfits.

Millions of working people in this country are functionally impoverished.

 

[umbrella39]

LOL, you're full of shit. The only way out of this death spiral is when those at the top quit sending good paying jobs from those at the bottom out of this country. Nothing to do with taxes.

But of course, you get to keep yours and fuck everyone else. At some point, your money and guns won't be enough.....just saying.

You're giving his "money and guns" too much credit in the present much less the future. The kind of utopia he dreams of will never accept the likes of him if it ever comes to fruition. Sometimes shit just sinks to the bottom.

 

[Ausm]

You're giving his "money and guns" too much credit in the present much less the future. The kind of utopia he dreams of will never accept the likes of him if it ever comes to fruition. Sometimes shit just sinks to the bottom.

Well it ain't sink'in fast enough for me :biggrin:

 

[shadow9d9]

Excellent post.

If you think that $1000 in credit per child is significant... wow.. just... wow...

 

[shadow9d9]

I just want poor and middle class to pay their fair share. Zero is NOT fair.

Can't pay a fair share of nothing you greedy pig.

 

[quest55720]

I don't care if the poor don't pay any income taxes. They don't have the money. My issue is always that many of the poor get a good size check each year from the IRS. Take away that big check and let them pay no income tax as far as I am concerned.

 

[xBiffx]

I don't care if the poor don't pay any income taxes. They don't have the money. My issue is always that many of the poor get a good size check each year from the IRS. Take away that big check and let them pay no income tax as far as I am concerned.

I second this. I might not have a problem with them paying zero FEDERAL INCOME TAX but I do have a problem with them getting money back that they never payed to begin with.

 

[BurnItDwn]

Of course the flipside is that 50% of the country has 0 or negative net worth.... Essentially, people are living off of table scraps. What can you take when there's nothing left to take?

 

[Strk]

I second this. I might not have a problem with them paying zero FEDERAL INCOME TAX but I do have a problem with them getting money back that they never payed to begin with.

I think that's the biggest joke. They'll get welfare, food stamps, medicaid, free college and then they'll get a 5k+ tax refund.

 

[werepossum]

Hendrixfan makes a good point that this is true when taken in quintiles or other groups because some people get EIC and therefore show up as paying negative income taxes. So it probably isn't close to 47% who actually pay no federal income taxes. You can't really count payroll taxes though because payroll taxes are solely for the individual's benefit - a federal pension, old age health care, unemployment insurance. That's like saying someone didn't really get free government cheese because they paid for the crackers. It's the federal income tax that together with capital gains and corporate income tax pays to operate the federal government beyond those things to which payroll taxes are dedicated.

Ironically, the biggest recent jump in this number, which threatens conservatives (why be for tax cuts and against increased spending when you don't pay those taxes but do benefit from that spending?) and ultimately fiscal solvency, is due to the Bush tax cuts. Repealing ALL the Bush tax cuts will increase the number of people who have skin in the game and have to consider benefits AND drawbacks for any proposed tax cut or spending increase.

 

[sm625]

No one who makes any money pays 0 in taxes. When the govt borrows trillions to give to the banksters, they dilute the money supply and cause the price of everything to rise. This is a tax. Anyone who spends money pays this "tax". The banksters and other recipients of this racket spend a lot of their profits in an effort to control public perception and convince people that this really is not a tax. If you're dumb enough, you will convince yourself that "your guy" in the white house lowered your taxes because he cares so much about you.

 

[Todd33]

I think that's the biggest joke. They'll get welfare, food stamps, medicaid, free college and then they'll get a 5k+ tax refund.

Sounds like the good life, too bad it is pure fiction like the Cadillac queen of the 80s.

 

[fskimospy]

I think that's the biggest joke. They'll get welfare, food stamps, medicaid, free college and then they'll get a 5k+ tax refund.

Yeah man, being poor is great! Since they all are living on easy street, why don't you go quit your job and live the high life with them?

Be sure to get back to us on how that works out for you.

 

[hal2kilo]

Long term savings from owning a washer & dryer vs going to the laundromat are quite large, for example. The system is extremely exploitative of people at the bottom. Once they're living hand to mouth, they have to buy the small size of everything, pay more per each of whatever we're talking about- loads of laundry, servings of food, rolls of toilet paper, packs of cigarettes, you name it. Even rent- crappy apartments in lousy neighborhoods often cost as much as nicer ones in better neighborhoods, but the latter aren't on a bus line, and you need first & last months' rent + deposit to get in. Free checking? Try money orders at the check cashing place. High credit card interest? Check the rates at the payday loan outfits.

Oh stop! You are destroying the myth of how much fun it is to live off the largese of the federal government.

 

[Skitzer]

Damn straight. It's MY MONEY, NOT YOURS!!!! More tax cuts for me, and make the poor/middle class pay more. It's the ONLY way out of this death spiral.

Really?

 

[khon]

I just want poor and middle class to pay their fair share. Zero is NOT fair.

Income taxes aren't the only taxes.

You should look at overall taxation, not limit it to only this one tax.