Tipping point? 49.5% of Americans pay no income tax (percentage)

[freemkt]

Originally Posted by jerseygal4u

We could argue back and forth,but the best thing to do is tax illegals.
If we make some reform whereas they can work and pay taxes from those earnings,a lot of problems would be solved.

Updated cliche:

Don't tax you, don't tax me.
Tax those illegals beneath the tree.

(ducking)

[freemkt]

Originally Posted by lifelongMOgal

Reading is fundamental. As clearly stated in the OP and the linked article 49.5% of Americans pay no federal income tax.

Then why do burger flippers earning minimum wage pay $500 a year in federal income tax?

Are they in the top 51% by ANY economic measure?

[freemkt]

Originally Posted by buzzards27

yep, you probably owe two or three hundred buck if you're single. That puts you in the top 51%.

$500

[freemkt]

Originally Posted by wjtwet

since the top 20% pay 84 percent of the income taxes collected they already are

What percentage of the discretionary income do the top 20% have?

[buzzards27]

Originally Posted by freemkt

Then why do burger flippers earning minimum wage pay $500 a year in federal income tax?

Are they in the top 51% by ANY economic measure?

Sure begs the question of just who this 49.5% that the wingnuts are complaining about. If someone working a full time job at minimum wage, how poor do you have to be to not pay taxes????

But you gotta love this class envy the anti class envy people are playing.

[redfish1]

Originally Posted by lifelongMOgal

Actually, you could confiscate the entire wealth of the 1% and barely touch the national debt. But hey, don't let facts get in the way of you and class warfare koolaid punchbowl.

Now you don't actually believe that do you?

[Backspace]

Originally Posted by Savoir Faire

Teabagger = tea party.

According to who, some ignorant liberals who are filled with hate for people who are clearly better educated than themselves? I'm a supporter of the Tea Party, I'm not nor have I ever been a teabagger but if you want to spend the rest of Obama's term with him resting on your chin that's completely your prerogative.

[Crossfire600]

Originally Posted by gwynedd1

I do know what you are even talking about since it used to be only 1% paid an income tax when it started. Care to have any historical perspective any time soon?

Don't worry, at the rate the village idiot is spending now his successor will have no choice but to tax the other 99%

[lifelongMOgal]

Originally Posted by redfish1

Now you don't actually believe that do you?

U.S. National Debt Clock : Real Time

[Konraden]

Originally Posted by lifelongMOgal

U.S. National Debt Clock : Real Time

15.5 Trillion debt.

55 Trillion total U.S. wealth.

40% of that wealth is owned by just 1% of the population.

55,000,000,000 * .40 = 22,000,000,000.

The statement is patently false.