Nearly half of US households escape fed income tax

Discussion in 'Free Speech Alley' started by Rex_B, Apr 8, 2010.

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  1. Rex_B

    Rex_B Geaux Time

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    This really pisses me off.

    Nearly half of US households escape fed income tax - Yahoo! Finance

     
    Rex_B, Apr 8, 2010
    #1
  2. LaSalleAve

    LaSalleAve when in doubt, mumble

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    yeah that does suck. i'm pretty liberal but i don't believe in handouts for able bodied people (except medical). Our infrastructure is crumbling and these people receiving a check who could work, could be put to work for that check they receive.
     
    LaSalleAve, Apr 8, 2010
    #2
  3. LSUsupaFan

    LSUsupaFan Founding Member

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    I have looked at the numbers on this a great deal. The best way to address this would be to go to a flat tax, or at least go to a tax system that starts off flat and then goes progressive on income above the poverty level.
     
    LSUsupaFan, Apr 8, 2010
    #3
  4. martin

    martin Banned Forever

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    i thought bush helped his rich cronies and now the poor pay all the bills.
     
    martin, Apr 8, 2010
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  5. mobius481

    mobius481 Registered Member

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    Think about it a little. We're not talking about the poorest 1%, 3%, or even 10% of people in this country. We're talking about 40% to 50% of all the people. You can't give a free ride to that many people and expect to thrive as a society. It just doesn't work. If someone can show me how it does, I'm all ears.
     
    mobius481, Apr 8, 2010
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  6. red55

    red55 curmudgeon Staff Member

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    Be aware that that the top 10 percent that pay the 73% of taxes are the ones that made more than 73% of the income.

    Conversely the lowest 40 percent earn so little that simply taking the same standard deduction and dependent exemptions that the middle class takes, leaves them with little or no tax owed, so they get back the deductions that the IRS took from their paychecks. It's their own money.

    The flat tax may be the way to go.
     
    red55, Apr 8, 2010
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  7. mobius481

    mobius481 Registered Member

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    Do you think a family of four making $50,000 should pay any income tax?

    ***not necessarily directed at red, I just want to know what anyone thinks about that specific question.
     
    mobius481, Apr 8, 2010
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  8. Rex_B

    Rex_B Geaux Time

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    And that makes it ok?
     
    Rex_B, Apr 8, 2010
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  9. LaSalleAve

    LaSalleAve when in doubt, mumble

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    LaSalleAve, Apr 8, 2010
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  10. SabanFan

    SabanFan The voice of reason

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    All I know is that I'm driving a 1997 F150 that rattles in neutral but I paid enough in taxes last year to support a family of 4 quite nicely.
     
    SabanFan, Apr 8, 2010
    #10
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