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/cgi-bin/YaBB.pl General Category >> Politics, Religion (Tall Table) >> 44% /cgi-bin/YaBB.pl?num=1492646915 Message started by pg on 04/19/17 at 17:08:35 |
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Title: 44% Post by pg on 04/19/17 at 17:08:35 More than four in 10 American households (44.3%) — or upwards of 76 million — didn’t pay any income tax to the federal government last year, according to data for 2016 from the Tax Policy Center. This year that number is expected to be roughly the same, at 43.9%. Most of these people aren’t paying income taxes because they either don’t have any income that is taxable (many fall below the poverty line), or because they get enough tax breaks and don’t owe the government money. Common tax breaks include the child tax credit, the earned income tax credit (EITC), and the exclusion of some or all Social Security income, explains Roberton Williams of the Tax Policy Center. http://www.taxpolicycenter.org/model-estimates/tax-units-zero-or-negative-income-tax-july-2016/t16-0121-tax-units-zero-or-negative Just for the record I advocate a flat tax. Best regards, |
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Title: Re: 44% Post by T And T Garage on 04/20/17 at 09:44:19 6E797F737C6C1E0 wrote:
That's somewhat misleading - about 60 percent of those who pay no income tax will work and owe payroll taxes. (Most of the other 40 percent are retirees whose income is too low to owe income tax.) Of those who work, two-thirds will have payroll tax liability in excess of any refundable income tax credits. Thus, only about 9 percent of households have their payroll tax fully (or more than fully) offset by those refundable credits. As to the flat tax - not so sure. Honestly, it wouldn't hurt me too much, but on people who live under the middle class, it's a heavier burden. I favor tax policies we had under Eisenhower. |
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Title: Re: 44% Post by justin_o_guy2 on 04/20/17 at 10:33:41 Not that the ones who need to know will read or, on the off chance they will read it, they won't understand. http://laissez-fairerepublic.com/tenplanks.html |
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Title: Re: 44% Post by T And T Garage on 04/20/17 at 10:40:20 312E282F32350434043C2E22695B0 wrote:
The Eisenhower administration was communist??? LOL |
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Title: Re: 44% Post by WebsterMark on 04/20/17 at 10:41:08 If you don't pay income tax; should be allowed to vote. |
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Title: Re: 44% Post by T And T Garage on 04/20/17 at 10:42:42 467473626574635C70637A110 wrote:
What about payroll tax? What about sales tax? What about property tax? What about capital gains tax? |
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Title: Re: 44% Post by Trippah on 04/20/17 at 15:08:43 Why should those who have wealth be the only ones to vote? Perhaps we should make it that those who don't pay taxes can't serve in the military. Security risks and all that. ;D ;D ;D Apparantly some 44% of Americans do not have enough income to pay an income tax, and that bar is set very low. A flat tax would not be fair, 10% of a family with 20 thou income, 2K, would be a big hit. 10% of a person making 150K, 15K, would be a big hit but they would still be able to buy food, medicine and home ownership. BUT, if all income were included and handled the same, it might be doable, That would be income from sales of stocks, houses, inheritance, expenses paid by the corporation you work for (or own) etc., as well as personal income tax, by individual not the 3 ways it is broken down now. |
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Title: Re: 44% Post by Dane Allen on 04/20/17 at 15:29:51 A flat tax would not be fair, 10% of a family with 20 thou income, 2K, would be a big hit. 10% of a person making 150K, 15K, would be a big hit but they would still be able to buy food, medicine and home ownership. Be mindful that the economy has adapted to the tax burdens, one of the important considerations regarding a flat tax is the burden is shared by all. Everyone will have "skin in the game" and will tend to participate more in society. Prices are elastic, just look at the explosion of college tuition with the availability of student loans, Walmart is a great example of adaptation to low income. If everyone pays taxes then more people will care when those taxes are wasted by inefficient bureaucracies. If 5k of my 50k annual salary was being pissed away you bet I'm gonna storm the parapets with my likeminded neighbors. Industries hobbled by welfare burdens would flourish and the numbers of those in poverty would decrease. |
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Title: Re: 44% Post by justin_o_guy2 on 04/20/17 at 18:20:03 Walmart is a great example of adaptation to low income. They are subsidized. Employees are paid so poorly that they qualify for food stamps and other wonderful social safety nets. Cloward and Piven, understand it. |
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Title: Re: 44% Post by WebsterMark on 04/20/17 at 20:09:27 Why should those who have wealth be the only ones to vote? Cause they're in a better position to make decisions. |
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Title: Re: 44% Post by T And T Garage on 04/21/17 at 06:17:21 6F5D5A4B4C5D4A75594A53380 wrote:
LOL!!! So money=free speech? You support citizens united? Nice! Better hope you (or any of your friends or family) don't lose your job, huh? SMH.... to much! |
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Title: Re: 44% Post by pg on 04/21/17 at 06:36:39 584649484558435E2C0 wrote:
SMH - SO MUCH HATE!! Best regards, |
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Title: Re: 44% Post by T And T Garage on 04/21/17 at 06:39:10 3126202C2333410 wrote:
SMH - SO MUCH HATE!! Best regards, [/quote] No, mine stands for "shake my head" - as in disbelief. I find it nearly unbelievable that someone actually thinks that only those who pay income tax should be allowed to vote. |
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Title: Re: 44% Post by Trippah on 04/21/17 at 07:01:42 Perhaps we should just finish with the smoke and mirrors, and let the 5 biggest corporations choose the president, we are almost there anyway. Save a lot on the bogus elections we participate in. Do away with corporate taxes, eliminate welfare and social security. If you don't save enough to retire, then don't retire. Tax money would be spent on military to "enhance" the vision our corporations project around the world. And of course more militarized police to keep the domestic scene quiet, with the poor, the deplorables, and misfits in ghettos or prison. Oh wait, that's the republican party's platform. ;D ;D ;D ;D |
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Title: Re: 44% Post by WebsterMark on 04/21/17 at 07:45:43 I would also raise the voting age to 26. The idea an 18 year old can vote is ridiculous. I think you gotta have skin in the game to be allowed to vote. |
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Title: Re: 44% Post by verslagen1 on 04/21/17 at 08:00:43 6E5C5B4A4D5C4B74584B52390 wrote:
old enough to serve... old enough to vote. |
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Title: Re: 44% Post by MnSpring on 04/21/17 at 08:33:37 I find it nearly unbelievable that someone actually thinks that only those who pay income tax should be allowed to vote. Interesting comment. Let’s say, their is a group of people, who pay, or have paid, income tax. (In other words they have/had a JOB). Then their is another group, of people. Some, work, but get paid CASH under the table, so no Taxes. Some are on every, ‘benefit’ program their is. Most are not even Citizens of this Country. Now, do you think that one group, will vote more for the ‘right’. and another group for the ‘left’. ? Will one group vote for the, Gimme’s because they are just pure lazy. And not care about anybody else (You know, the ones that load up their, ‘Lamborghini’, with FREE Food, from the food shelf). And the other group vote for, responsible spending, of ’their dollars’. and willing to help people that, ‘really’, need help. Of course, that rough idea would need refining. Like someone in Collage, can vote as of age, but has not had a job yet. And of course, the, ‘Real’, deserving people that everyone wants to help, NOT, the Freeloaders, Cheaters, lyres, Steals, who today, are the most people on the welfare programs. |
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Title: Re: 44% Post by WebsterMark on 04/21/17 at 08:50:49 52415657484543414A15240 wrote:
old enough to serve... old enough to vote.[/quote] I'd consider an exception for active military, that's skin in the game. But do you think the college scums at Berkley university for example should have a say in voting? Hell no. |
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Title: Re: 44% Post by T And T Garage on 04/21/17 at 09:09:02 47617A6363727B130 wrote:
LOL - but honestly... you are not too far off.......... |
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Title: Re: 44% Post by T And T Garage on 04/21/17 at 09:12:14 0B393E2F28392E113D2E375C0 wrote:
old enough to serve... old enough to vote.[/quote] I'd consider an exception for active military, that's skin in the game. But do you think the college scums at Berkley university for example should have a say in voting? Hell no. [/quote] LMAO!!!! OMG - I honestly thought you were kidding!! Wow... I really can't believe that you think that.... I am really shaking my head in disbelief.... Thank god I don't live in your world! |
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Title: Re: 44% Post by MnSpring on 04/21/17 at 19:20:33 So, people that, ONLY, Benefit, from taxes, (and NEVER HAD or WILL PAY THEM) Should be allowed to vote. To Get, the BENEFITS, From people, that PAY, taxes ??????? Is that kinna like the government, saying I, ‘HAVE TO”, Make a, ‘Buffer Strip’ 100 feet wide, on a MAN MADE drainage ditch, which was made in 1902. ????? Where the government, will STILL TAX, that land, as, ‘Production Land’, Because it COULD, make a crop. Yet, it ‘can not’, according to the, ‘Buffer strip’, which is Mandated ?????? Gee, can you say: “Catch 22”. Yep, land of Gov. GOOFY, and the ultra Liberals. |
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