45% OF AMERICANS PAY NO FEDERAL INCOME TAX... http://www.marketwatch.com/story/45-of-americans-pay-no-federal-income-tax-2016-02-24
Shocking ! Deadbeat traitors !
Shocking ! Deadbeat traitors !
45% OF AMERICANS PAY NO FEDERAL INCOME TAX... http://www.marketwatch.com/story/45-of-americans-pay-no-federal-income-tax-2016-02-24
Shocking ! Deadbeat traitors !
How many of those are poor and don't earn enough?How many of these people are retired and thus don't pay?
You are in that 45%.I would much rather be in that 55% rather than that 45%.
You mean like you?
You are seriously getting mad at them because they're too poor to even qualify for paying income taxes? How is that their fault?
How many of those are poor and don't earn enough?
45% OF AMERICANS PAY NO FEDERAL INCOME TAX... http://www.marketwatch.com/story/45-of-americans-pay-no-federal-income-tax-2016-02-24
Shocking ! Deadbeat traitors !
Well, well, well.
What's shocking is the ignorance you decided to quote.
According to the article in your own link, "An estimated 45.3% of American households — roughly 77.5 million [people] — will pay no federal individual income tax..."
There is a difference between an "American Household" and an "American," and the actual number shows right there in the article: 77.5 million people.
That works out to be 24.302289118846033% of the population of the US, NOT 45%.
Now, let's take that 24.302289118846033% and consider that roughly half don't have any taxable income (which includes children not old enough to work, those on Social Security who don't earn in excess of their established income limit), and then factor in the fact that people who meet the taxable requirements DO pay income tax during the year, they just get some (or all) of it back at the end of the year - during which time the government has use of that money.
Then consider how much the government decides is "taxable." If you're earning less than $5,700.00 a year, your income is not taxable. And if you're earning less than $5,700.00 a year you're probably a kid, one of the mentally disabled that fell through the cracks, elderly and scraping because Social Security isn't enough, or have a very lo level of education. And I have to tell you, that's not the fault of all the people earning less than $5,700.00 a year. Some, perhaps, but not all.
But the real point of this post is to call bullshit.
Less than half of the people (less than 25%) both you and that article say don't pay income taxes actually don't, and many of them simply either earn nothing or less than $5,700.00 a year.
Because of these flaws the article is, to use the parlance of the street, bullshit.
Where I live. Yes.Is a gross family income of $48,000 for a family of four with 2 adults and 2 children considered poor?
Is a gross family income of $48,000 for a family of four with 2 adults and 2 children considered poor?
Where I live. Yes.
Where I live. Yes.
So the liberal Tax Policy Center put out a bullshit study you claim?
""The bottom line: out of 171.3 million tax units this year, 77.5 million—or 45.3 percent—won’t pay income tax.""
http://www.taxpolicycenter.org/taxvox/new-estimates-how-many-households-pay-no-federal-income-tax