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Qtec
01-29-2011, 04:25 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Yes, 47% of Households Owe No Taxes. Look Closer.
By DAVID LEONHARDT

Forty-seven percent.

Thatís the portion of American households that owe no income tax for 2009. The number is up from 38 percent in 2007, and it has become a popular talking point on cable television and talk radio. With Tax Day coming on Thursday, <span style='font-size: 14pt'>47 percent has become shorthand for the notion that the wealthy face a much higher tax burden than they once did while growing numbers of Americans are effectively on the dole.

Neither one of those ideas is true. They rely on a cleverly selective reading of the facts. So does the 47 percent number.</span>

Given that taxes are likely to be one of the big political issues of the next few years ó and maybe the biggest one ó itís worth understanding who really pays what in taxes. Once you do, you can get a sense for our countryís fiscal options. How, in other words, will we be able to close the huge looming gap between the taxes we are scheduled to pay and the services we are scheduled to receive?

The answer is that tax rates almost certainly have to rise more on the affluent than on other groups. Over the last 30 years, <u>rates have fallen more for the wealthy, and especially the very wealthy, than for any other group.</u> At the same time, their incomes have soared, and <span style="color: #990000">the incomes of most workers have grown only moderately faster than inflation.</span>

<span style="color: #990000">So a much greater share of income is now concentrated at the top of distribution, while each dollar there is taxed less than it once was. Itís true that raising taxes on the rich alone canít come close to solving the long-term budget problem. The deficit is simply too big. But if taxes are not increased for the wealthy, the country will be left with two options.</span>

It will have to raise taxes even more than it otherwise would on everybody else. Or it will have to find deep cuts in Medicare, Social Security, military spending and the other large (generally popular) federal programs.

All the attention being showered on ď47 percentĒ is ultimately a distraction from that reality. </div></div>


All Americans pay taxes. link (http://www.ctj.org/pdf/taxday2010.pdf)

Q

LWW
01-29-2011, 05:13 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body">

All Americans pay taxes. link (http://www.ctj.org/pdf/taxday2010.pdf)

Q </div></div>

Your link disputes you ... but then I have an unfair advantage over you since I read it.

Next deflection?

LWW

Qtec
01-29-2011, 05:18 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body">

All Americans pay taxes. link (http://www.ctj.org/pdf/taxday2010.pdf)

Q </div></div>

Your link disputes you ... but then I have an unfair advantage over you since I read it.

Next deflection?

LWW </div></div>

How? Be specific.

Q

LWW
01-29-2011, 07:26 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">The conservative pundits are wrong. Itís true that many taxpayers donít pay federal income taxes </div></div>

I can lead you to knowledge, I can't make you think.

LWW

Sev
01-29-2011, 07:53 AM
HAHHAHAHA!

LWW
01-29-2011, 04:32 PM
The way Snoopy views it is that if someone gets an SSD check for $600.00 a month, plus another $400.00 X 3 for kids that the doc says has ADD because he gets paid for MEDICAID supplied Ritalin scrips, plus $500.00 in USDA Foodstamps, plus $700.00 a month in section 8 subsidized housing, plus a free $800.00 a month Medicaid card ... but, they pay $100.00 a month tax on their smokes that they are somehow a taxpayer because their $100.00 magically offsets the $3,800.00 they receive.

Meanwhile ... the guy who makes $250K and pays out $100K in state/federal/city/FICA/Medicare/property/gas taxes is a mooch.

LWW

Sev
01-29-2011, 05:15 PM
Go figure.

Qtec
01-29-2011, 07:43 PM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LWW</div><div class="ubbcode-body">The way Snoopy views it is that if someone gets an SSD check for $600.00 a month, plus another $400.00 X 3 for kids that the doc says has ADD because he gets paid for MEDICAID supplied Ritalin scrips, plus $500.00 in USDA Foodstamps, plus $700.00 a month in section 8 subsidized housing, plus a free $800.00 a month Medicaid card ... but, they pay $100.00 a month tax on their smokes that they are somehow a taxpayer because their $100.00 magically offsets the $3,800.00 they receive.

Meanwhile ... the guy who makes $250K and pays out $100K in state/federal/city/FICA/Medicare/property/gas taxes is a mooch.

LWW </div></div>

Did you read that in your Tea party Comic book?

Q

LWW
01-30-2011, 05:06 AM
I observe it everyday.

But, again, I have an unfair advantage over you being that I both think and pay attention.

LWW

JohnnyD
01-31-2011, 02:03 AM
Plus you tell the truth.