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Old 06-16-2015, 12:22 PM
 
Location: Long Island, NY
19,792 posts, read 13,956,603 times
Reputation: 5661

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Quote:
Originally Posted by neko_mimi View Post
Did we ever get an answer on this?
According to Ronald Reagan, who started the Earned Income Tax Credit, the working poor were supposed to pay no taxes to encourage them to work harder.

 
Old 06-16-2015, 12:28 PM
 
Location: the very edge of the continent
89,061 posts, read 44,866,510 times
Reputation: 13718
Quote:
Originally Posted by westboundrambler View Post
Man, I grew up hard and working class, I've never been "coddled" but their you go, assuming you know everything about everyone
Um... it's actually very obvious from your posts that you think you're entitled to more than you've earned merely because you exist. I suggested getting one or more roommates if you were struggling to pay the rent, and you replied with some kind of nonesense that you were entitled to live alone if you want.
 
Old 06-16-2015, 12:37 PM
 
Location: Tennessee
37,803 posts, read 41,031,367 times
Reputation: 62204
Quote:
Originally Posted by springazure View Post
I'm 51yrs , no dependents, single, and work FT @ $9.50/hr. I don't receive any gov help of any kind! I'm not eligible for ANYTHING! Every February (tax time) I file a straight form, with no extra candy of any kind. No extra forms to fill out.
How did you come to make $9.50 an hour at age 51? You don't have to answer. It's what people wonder. What decisions did you make in life going back to high school that put you in this position at this age that other people your age didn't make. This doesn't mean those decisions weren't noble but if making more money was your goal, they might not have been good ones.
 
Old 06-16-2015, 12:46 PM
 
Location: Texas
38,859 posts, read 25,554,711 times
Reputation: 24780
Talking Relax...

Quote:
Originally Posted by no_more_handouts View Post
The bottom 50% pays little or no taxes. These people need to start carrying their own weight and stop relying on the rest of us to pick up the slack for them. I didn't suffer through all those years of college just so I could hand over more of my money to cover their portion of the tax revenue. I'm sick of dragging all this dead weight around.
More of your money goes to enriching the already wealthy, so that should make you feel better.

When are the bottom 50% going to start paying their fair share?

When the bottom 50% starts getting like maybe 25% of the pie.

Check it out.

You claim to be a college grad. I shouldn't have to school you like I just did.

Carry on.

 
Old 06-16-2015, 12:49 PM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by Old Gringo View Post
More of your money goes to enriching the already wealthy, so that should make you feel better.

When are the bottom 50% going to start paying their fair share?

When the bottom 50% starts getting like maybe 25% of the pie.

Check it out.

You claim to be a college grad. I shouldn't have to school you like I just did.

Carry on.


Maybe if the bottom 50% can come up with some great ideas or design, plenty money would flow to them to enrich them.

How is that moral or right to get a pie that you have never earned?
 
Old 06-16-2015, 12:53 PM
 
Location: Phoenix
30,385 posts, read 19,184,321 times
Reputation: 26294
Quote:
Originally Posted by pghquest View Post
NONE of those taxes go to the federal government.

try again
Not much but some of it is...social security, gas taxes. I'm not disagreeing with the concept that too large of a % of US workers don't pay any federal taxes but I was just pointing out they still pay some state taxes. In my state, the lower income people pay a higher % of their income in taxes than high income because we have no state income tax and collect taxes through sales tax, alcohol, tobacco, marijuana taxes, etc. How about we raise the national minimum wage and then tax some of that income.
 
Old 06-16-2015, 12:56 PM
 
Location: Texas
38,859 posts, read 25,554,711 times
Reputation: 24780
Quote:
Originally Posted by lifeexplorer View Post
Maybe if the bottom 50% can come up with some great ideas or design, plenty money would flow to them to enrich them.
Like devising a hedge fund...

Quote:
How is that moral or right to get a pie that you have never earned?
Explain hedge fund and derivatives "earnings."

Please.

 
Old 06-16-2015, 12:56 PM
 
4,006 posts, read 6,042,023 times
Reputation: 3897
I make like $75/hour and after taxes, 401K, savings, paying bills....I feel poor.
 
Old 06-16-2015, 01:05 PM
 
34,279 posts, read 19,384,355 times
Reputation: 17261
Quote:
Originally Posted by lenniel View Post
I make like $75/hour and after taxes, 401K, savings, paying bills....I feel poor.
LOL. Poor people don't have 401K's or savings.
 
Old 06-16-2015, 01:08 PM
 
Location: Arizona
13,778 posts, read 9,667,797 times
Reputation: 7485
Quote:
Originally Posted by lifeexplorer View Post
Maybe if the bottom 50% can come up with some great ideas or design, plenty money would flow to them to enrich them.

How is that moral or right to get a pie that you have never earned?
I don't know about that statement "The pie you never earned" bit.

I worked steady for 55 years of my life and paid taxes for every one of those years. Now I'm retired and fall into those "who effectively pay no federal income tax". Are you saying that I didn't earn the right?

Still, I pay a hefty property tax every year. A hefty vehicle registration tax every year. The sales tax on my purchases in my area is 9.55%. I pay state tax and a plethora of other small government garnishments. You say I contribute nothing and didn't earn my federal exemption status?
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