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Author Topic: Nearly 50% of Americans pay no income tax. [Locked]
Szerek  2 stars
Posts: 338
Registered: 2000-8-8 09:26:09
GrilledCheez posted:

If a kid is only making 10k a year and nto claimed by someone else as a dependent then they pay very little taxes. If they got ANY credit they would probably be negative. If they got no credit then they pay very very little. neither person is being taxed unfairly IMO. Paying 40 bucks a year in taxes and having no credits because you have no responsibility outside of yourself doesn't make you lots worse off than someone making more who pays negative 50 bucks a year in taxes because they have a kid.

The differences are slight, and worrying about them is stupid.



Again, I'm not worried about it. The talking head republican douchebag on TV was using this "nearly 50% of americans pay no income tax" as a statistic to put forth eliminating things like EIC and other low income tax breaks. Apparently these are the scum that are not paying any income tax and she should be sought out and eliminated. That is the kind of shit that pisses me off. He was implying that the 50% are people who claim the EIC and make thousands off of the credit, basically saying that we can increase revenues greatly by squeezing those who can least afford it.

 

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GrilledCheez  4 stars
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
/shrug.

Most people aren't big fans of welfare. I thought the dems took the wrong tact when they started using taxes to not only limit burdens on the poor and lower middle class but also pay them directly. Once that happened you had to know that the critiques on welfare would turn into critiques on tax shares.

the poor and the middle class will be best served all the way around by forcing the market to pay them a living wage. Then the rest of this becomes moot. Of course you can't do that while at the same time opening up your labor to competition from places where people can literally be treated and compensated like slaves. So the rich win and the poor lose I guess. Good game dems.

 

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Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
GrilledCheez posted:

/shrug.


Most people aren't big fans of welfare. I thought the dems took the wrong tact when they started using taxes to not only limit burdens on the poor and lower middle class but also pay them directly. Once that happened you had to know that the critiques on welfare would turn into critiques on tax shares.


the poor and the middle class will be best served all the way around by forcing the market to pay them a living wage. Then the rest of this becomes moot. Of course you can't do that while at the same time opening up your labor to competition from places where people can literally be treated and compensated like slaves. So the rich win and the poor lose I guess. Good game dems.



Actually much of what makes our lives so good is a result of foreign trade.

 

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GrilledCheez  4 stars
Title: The Lord's Balls
Posts: 1,060
Registered: 2006-3-22 11:06:32
Sin_of_Onin posted:

GrilledCheez posted:

/shrug.

Most people aren't big fans of welfare. I thought the dems took the wrong tact when they started using taxes to not only limit burdens on the poor and lower middle class but also pay them directly. Once that happened you had to know that the critiques on welfare would turn into critiques on tax shares.

the poor and the middle class will be best served all the way around by forcing the market to pay them a living wage. Then the rest of this becomes moot. Of course you can't do that while at the same time opening up your labor to competition from places where people can literally be treated and compensated like slaves. So the rich win and the poor lose I guess. Good game dems.



Actually much of what makes our lives so good is a result of foreign trade.



deflation or no inflation in certain areas has certainly been one good facet of globalization. but that's always true any time you squeeze labor.

 

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DemonicXH  3 stars
Title: Camelot Vault Staff
News Editor

Posts: 584
Registered: 2003-12-1 08:14:17
I know quite a few people who pay nothing in federal income tax, but that is majorly due to being single mothers.


When I got my first real job and made $30k a year, with no real write offs I pretty much got back everything I paid in.


As everyone else mentioned, that 50% is the elderly, those below the poverty line and single parents with kids.
Sin_of_Onin  4 stars
Posts: 1,307
Registered: 2005-6-29 08:21:12
GrilledCheez posted:

deflation or no inflation in certain areas has certainly been one good facet of globalization. but that's always true any time you squeeze labor.



You have it backwards. Increases in production "squeeze" labor in the short run. This is the way it will always be but the fact that they are producing more will help increase wages in the long run. In fact continued increases in production rely on that happening. Ultimately that is what is hurting labor. The squeezing of Chinese consumption at the cost of US production and Chinese consumption.

 

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Bonzoboy1  3 stars
Posts: 885
Registered: 2008-8-1 18:04:29
Everyone should pay something in income taxes, think how great it would be if the poor could trade service for their tax bills.

 

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