The truth about taxes

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Conservative pundits and media outlets seized on an estimate that 47 percent of taxpayers owed no federal income tax for 2009. This statistic has morphed into the claim by conservatives that “47 percent of all Americans don’t pay any taxes.”​
The conservative pundits are wrong.


It’s true that many taxpayers don’t pay federal income taxes, but they still pay federal payroll taxes (and some federal excise taxes) and also pay state and local taxes.


Most of these other taxes are regressive, meaning they take a larger share of a poor or middle-class familys income than they take from a rich family.


This largely offsets the progressivity of the federal income tax.​








http://www.ctj.org/pdf/taxday2010.pdf
 
The share of total taxes paid by the richest one percent (22.1 percent) is not dramatically different from the share oftotal income received by this group (20.4 percent).


Everyone in America pays some sort of taxes, which may take the form of income, sales or property taxes imposed by state and local governments, in addition to federal income, payroll and excise taxes.


Claims that the richest one percent are paying far more than their fair share usually focus only on the most significant progressive tax, the federal income tax. They ignore the other types of taxes.​



http://www.ctj.org/pdf/taxday2010.pdf​
 
\(\(())/)/ said:
Conservative pundits and media outlets seized on an estimate that 47 percent of taxpayers owed no federal income tax for 2009. This statistic has morphed into the claim by conservatives that “47 percent of all Americans don’t pay any taxes.”​
The conservative pundits are wrong.


It’s true that many taxpayers don’t pay federal income taxes, but they still pay federal payroll taxes (and some federal excise taxes) and also pay state and local taxes.


Most of these other taxes are regressive, meaning they take a larger share of a poor or middle-class familys income than they take from a rich family.


This largely offsets the progressivity of the federal income tax.
​


http://www.ctj.org/pdf/taxday2010.pdf
Click to expand...


Trolls must also be stupid .... in math as well as logical reasoning.....:lies:


All taxes paid as a percentage of income take the same SHARE of tax from everyone, rich and poor.....dollar amounts differ......

10%, 20%, 50%....whatever.....the percent is the same tax for all......
\

And now to return to my motto....

DON'T FEED THE FUCKIN' TROLL
 
bravo said:
Trolls must also be stupid .... in math as well as logical reasoning.....:lies:


All taxes paid as a percentage of income take the same SHARE of tax from everyone, rich and poor.....dollar amounts differ......

10%, 20%, 50%....whatever.....the percent is the same tax for all......
\

And now to return to my motto....

DON'T FEED THE FUCKIN' TROLL
Click to expand...

you just fed him

:palm:
 
The U.S. tax debate tends to focus on the top 1 percent — their share of income taxes and their tax rates. Anti-tax groups encourage this focus, now embraced by the Occupy demonstrators on Wall Street and across America.


Problem is, the top 1 percent is a very misleading measure of who pays federal income taxes. It mixes doctors and billionaires, masking the taxes paid by the middle class and the affluent.


Everyone seems to know that about half of Americans paid no income taxes in 2009 and that the top 1 percent paid about 37 percent of the income taxes.


But how many people know that households making less than $75,000 collectively paid more federal income tax than those making $1 million or more?




http://blogs.reuters.com/david-cay-johnston/2011/10/25/beyond-the-1-percent/
 
Return of Dune said:
Yurt burns Bravo

:palm::palm:
Click to expand...


Thats Yurt....hes so clever....he like you Dune....two pinheads that respond to AssWipe on a regular basis........

I'll give AW a tumble on posts that aren't just spam occasionally......

But I can't starve the troll all by myself.....
 
bravo said:
Thats Yurt....hes so clever....he like you Dune....two pinheads that respond to AssWipe on a regular basis........

I'll give AW a tumble on posts that aren't just spam occasionally......

But I can't starve the troll all by myself.....
Click to expand...

If you really want to starve the troll, stop eating.
 
bravo said:
Trolls must also be stupid .... in math as well as logical reasoning.....:lies:


All taxes paid as a percentage of income take the same SHARE of tax from everyone, rich and poor.....dollar amounts differ......

10%, 20%, 50%....whatever.....the percent is the same tax for all......
\

And now to return to my motto....

DON'T FEED THE FUCKIN' TROLL
Click to expand...

So why are you feeding the troll?
 
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