- Joined
- Mar 30, 2005
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We need to start taxing the bottom 60% of this country that pays 0 tax. It doesnt have to be a lot, even 5% would be fine. But as George Carlin once said, pay the admission price like everyone else.
Wow, that's one of the most incorrect statements I've seen posted here in awhile. Care to cite the factual statistic for that?
Don't forget to look up the stats on how few corporations actually pay taxes or pay anywhere near what they could be paying...same for that upper 40% that you claim pays so much tax.
There's a huge difference between what the tax rate actually is and what the actual percentage of tax actually ends up getting paid. Usually it's the corporations and top 40% that can afford the fancy tax accountants to get that number way down from where it actually started.
Why don't you post the statistical evidence you say indicates Im wrong?
I'm under no obligation to prove you're right, that's your job so let's not play that game.
You made a baseless, unsubstantiated statement. We're talking about YOU proving YOUR point.
You may want to read the actual article, no where does it say that 60% of Americans pay no taxes.
Re-read before posting authoritatively challenged publicly authored wikipeda. CBO is a bit more reliable.
Long before President Barack Obama took office, the bottom 40% of income earners paid no federal income taxes. Because of refundable income tax credits like the Earned Income Tax Credit (EITC), in 2006 these bottom 40% as a group actually received net payments equal to 3.6% of total income tax revenues, according to the latest Congressional Budget Office data. The actual middle class, the middle 20% of income earners, pay only 4.4% of total federal income tax revenues. That means the bottom 60% together pay less than 1% of income tax revenues.
So how does that statement say 60% of American's pay no taxes? It doesn't.
Well ok, if we're going to play fast a loose with stats,
As far as I'm aware, corporations in the United States are juristic people so legally, it could be argued that they have a hand.Money should never be taxed till it reaches a human hand. When profits are distributed to shareholders in dividends, quite a bit of tax is paid.
I'm going to guess that you're not in the bottom 60%.We need to start taxing the bottom 60% of this country that pays 0 tax. It doesnt have to be a lot, even 5% would be fine. But as George Carlin once said, pay the admission price like everyone else.
I'm not playing fast and loose with anything. I said, if you have a problem with the Congressional Budget Office, take it up with them. That's where the figures come from, not me. It appears to be your agenda that's playing fast and loose. And good luck with that.
As far as I'm aware, corporations in the United States are juristic people so legally, it could be argued that they have a hand.
I'm going to guess that you're not in the bottom 60%.
Thats the current false construct. They do not live and breath. They profit zero and are simply a holding tank till profits are disbursed to an actual human with a pulse.
At the current moment, I am, and in the low tide of the failed Obama administration's strangled wasteland of an economy. Even tech isn't doing well. Before "change" came, I worked a lot more.