Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
And still, the "rich" (and even the moderately well off) pay far more in actual dollars than the working poor.
That's not what I said, stop changing the subject and address it. More of poor people's income gets taken from their pay checks by the government. Explain why this is good.
Quote:
Originally Posted by Tassy001
The working poor end up getting back in a federal tax refund......more than what they paid into taxes.
That's not what I said, stop changing the subject and address it. More of poor people's income gets taken from their pay checks by the government. Explain why this is good.
The working poor end up getting back in a federal tax refund......more than what they paid into taxes.
IF:
They have children
They dont make more then a certain amount, or less then it.
But this is a fair rebuttel....IF I was discussing federal taxes....instead im pointing out the state and social security taxes. Im pointing out that theres more to this discussion then the federal rate that seems to be the focus.
Accusing someone of a lie, when they simply wrote something that you could assume the incorrect meaning of doesn't really contribute to a discussion either now does it? And in the topic I very specifically stated a description that indicated it was a %, AND edited it and added that to the end.
But no, you don't seem to want a discussion. You want to call someone a liar, and NOT advance the discussion it seems.
What discussion do you want to have? Yes, the "working poor" pay a higher percentage of their income in taxes than the very wealthy. To steal more money from the very wealthy in order to make the percentage a bit closer would be wrong, and there's no way to force the low earners to earn more. What are you proposing as a solution to this terrible problem?
The working poor end up getting back in a federal tax refund......more than what they paid into taxes.
??? Childless adults working full time at minimum wage do not get EITC, child tax credits, lots of employer-provided freebies, itemized deductions etc. Half of all low-income renters spend at least half their income on shelter, according to Mortgage News Daily. The gravy train rolls on for parents, both poor and middle class.
What discussion do you want to have? Yes, the "working poor" pay a higher percentage of their income in taxes than the very wealthy. To steal more money from the very wealthy in order to make the percentage a bit closer would be wrong, and there's no way to force the low earners to earn more. What are you proposing as a solution to this terrible problem?
My point isnt that I have some solution you would like-I've posted my solutions here before, they are NOT popular with many on the right lol.
My point is that the argument that the rich pay such a high % in taxes completely ignores the reality that both state taxes, and social security taxes actually change that dynamic.
I know, you all looked at the title, and said "I am going to go into this thread and tear into this, this guys wrong. We ALL know the rich pay more!"
But thats because the debate is all about cherry picking data. We look at federal taxes-but exclude social security which is a 6.3%+6.3% tax....paid for by the working poor. But ONLY on the first 112K of income. The average .1%er has it as a rounding error. Heck as a % of my income I paid more in social security then Romney paid in federal....but then again my federal rate was ALSO higher then his....
But wait...what about state taxes? Turns out thats paid at a 5.6% rate by the average .1%er....and 11% for the poor folks.
So all this screaming about the federal rate, conveniently ignores the other taxes. Why is that? hmmmmm
edit-To clarify the title, twice as much as a % of their income.
Do you know what percent of households get back more in federal income taxes than they paid in - as in they make a profit off of the tax?
It is not that uncommon to see people make a few thousand dollars in profit off of the federal income taxes with the people that we help do their taxes for.
Do you think this pays for their other taxes on the year and then they have a net total tax calculation of nothing?
P.S. If you paid a higher effective federal income tax rate than Romney, then you are in the top 10 to 20% of worst hit people with taxes - as CNN said that they estimated his effective tax rate was still higher than 80 to 90% of America's. Obama was BSing - as per usual - when he said teachers, cops, and fireman pay a higher rate.
??? Childless adults working full time at minimum wage do not get EITC, child tax credits, lots of employer-provided freebies, itemized deductions etc. Half of all low-income renters spend at least half their income on shelter, according to Mortgage News Daily. The gravy train rolls on for parents, both poor and middle class.
LOL The gravy train? As a father of 8 I can assure you thats not how I would describe being a parent. 60 hr work weeks followed up by non stop work at home is how I describe it....
Really? you want me to post links on the social security rates? REALLY? You don't believe me?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
