Why do republicans say the poor don't pay taxes? (financial, retirement, income)

[CoastalMaine]

Originally Posted by Rlarson21

I made 30,000 dollars last year and I paid in about 3,000 in taxes. I got NONE of it back. I thought the bottom fifty percent didn't have to pay taxes?

Many corporations pay ZERO due to loopholes, doesn't that make the rich the freeloaders?

Are you self employed? You don't get a refund for social security payments that are deducted from your pay... if you're an employee. If you're self employed, you pay more into SS than if you're an employee. You didn't really supply enough info, but a single person making 30k isn't considered 'poor'.

[texdav]

As stated the Op isn't poor. 10% in taxes is low really.

[hilgi]

Originally Posted by Driller1

The thing is a good CPA could be of help and find some deductions.

The OP has to go talk to one NOW....now next year.

There are not a lot of deductions that a single person making $30,000 a year can use, especially not $7,100 worth.

Originally Posted by Driller1

How did you get that figure???

Standard deduction of $7,100, Exemption of $3,650 leaving a taxable income of $19,250.

The first $8,375 is taxed at 10% or $837 in tax

The remaining amount is taxed at 15% or $1,632 in tax.

$2,469 in tax minus the $400 making work pay credit is $2,069.

[Driller1]

Originally Posted by CoastalMaine

Are you self employed? You don't get a refund for social security payments that are deducted from your pay... if you're an employee. If you're self employed, you pay more into SS than if you're an employee. You didn't really supply enough info, but a single person making 30k isn't considered 'poor'.

IMO, the OP is not self-employed.

He could not have used a 1040EZ and someone took withholding.

I am self employed and do not pay SS.

[Rlarson21]

Originally Posted by CoastalMaine

Are you self employed? You don't get a refund for social security payments that are deducted from your pay... if you're an employee. If you're self employed, you pay more into SS than if you're an employee. You didn't really supply enough info, but a single person making 30k isn't considered 'poor'.

I wish i WAS self employed. I hate working for someone else. Also, I'm not complaining that I had to pay taxes. I'm just saying that the fact that the bottom fifty percent DON"T pay is a MYTH

[Rlarson21]

Originally Posted by texdav

As stated the Op isn't poor. 10% in taxes is low really.

But i'm BELOW the 50% in income that republicans claim DOES NOT pay TAXES. My point was that it's not true.

[Driller1]

Originally Posted by hilgi

There are not a lot of deductions that a single person making $30,000 a year can use, especially not $7,100 worth.



Standard deduction of $7,100, Exemption of $3,650 leaving a taxable income of $19,250.

The first $8,375 is taxed at 10% or $837 in tax

The remaining amount is taxed at 15% or $1,632 in tax.

$2,469 in tax minus the $400 making work pay credit is $2,069.

But, when I asked the OP said the $30,000 was gross.

[Driller1]

Originally Posted by Rlarson21

it was 30,000 GROSS

no dependents

I paid another 400 into state and didn't get that back either

I used the EZ form because i had no deductions

Here is the post.

[Driller1]

Originally Posted by Rlarson21

I wish i WAS self employed. I hate working for someone else. Also, I'm not complaining that I had to pay taxes. I'm just saying that the fact that the bottom fifty percent DON"T pay is a MYTH

I agree.

When you work for others you just make money for them.

[Driller1]

Originally Posted by Rlarson21

But i'm BELOW the 50% in income that republicans claim DOES NOT pay TAXES. My point was that it's not true.

That is not just the R's that say that.