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The bottom Quintile of income earners receive on average $9.62 in federal aid for every $1.00 they pay in ALL Federal taxes combined. The middle quintile averaged $1.19 in federal aid for every $1.00 they pay in ALL Federal taxes combined.
My wife and I help people with their taxes for free - almost all lower income families. Many of which get back thousands more than they pay in. Literally turning a sizable profit off of federal income taxes that would cover all their state and local taxes - with the net effect of paying nothing into the system.
I hear President Obama speak of "fair share" when it comes to the wealthy. What is the fair share of other groups?
The bottom Quintile of income earners receive on average $9.62 in federal aid for every $1.00 they pay in ALL Federal taxes combined. The middle quintile averaged $1.19 in federal aid for every $1.00 they pay in ALL Federal taxes combined.
My wife and I help people with their taxes for free - almost all lower income families. Many of which get back thousands more than they pay in. Literally turning a sizable profit off of federal income taxes that would cover all their state and local taxes.
I hear President Obama speak of "fair share" when it comes to the wealthy. What is the fair share of other groups?
That guy over there who just bought a new _______________ should pay more because he's rich. I should pay less because I can't afford to buy a new ____________ like he just did.
Wait a minute, I'm the guy who just bought a new truck.
The bottom Quintile of income earners receive on average $9.62 in federal aid for every $1.00 they pay in ALL Federal taxes combined. The middle quintile averaged $1.19 in federal aid for every $1.00 they pay in ALL Federal taxes combined.
My wife and I help people with their taxes for free - almost all lower income families. Many of which get back thousands more than they pay in. Literally turning a sizable profit off of federal income taxes that would cover all their state and local taxes - with the net effect of paying nothing into the system.
I hear President Obama speak of "fair share" when it comes to the wealthy. What is the fair share of other groups?
The two groups that dont pay taxes are SS recipients with low incomes and lower income people often familes claiming earned income tax credit and child tax credit. The figures get distorted when you "charge" SS, Medicare, Medicaid, EITC, etc. against every dollar each group pays in. Obviously retirees on SS and Medicare will distort what the lowest quintile pays in.
get rid of the federal reserve and then there will be no reason to have a 16th Amendment, then we can pair down the federal budget and get it back to where the people can keep most of their own money.
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