61% of U.S. households paid no federal income tax last year (money, vote)

[hooligan]

Originally Posted by snebarekim

Maybe.

But still......

"FAIR SHARE"........... "SKIN IN THE GAME".... ad nauseam........

Meh, I don't care to have yet another "progressive vs flat vs consumption" tax debate. It changes nothing at the end of the day.

Feel free to carry on without me, though.

[Vlajos]

Wow, that is disgusting and unjust. All citizens need to pay for their government.

[mascoma]

Originally Posted by Mathguy

This is probably a good time to remind people that see the magic bullet of higher corporate taxes that each time you buy something in the US, even if you don't pay income tax, you're paying the corporate income tax on the purchased product.

It's baked into every corporations pricing\capital return calculations.

P.S. You're also paying for all of those harmless shoplifters some places have stopped prosecuting, the higher insurance costs due to rioting and so on and so forth.

Exactly. But that's always the answer for libs.

[trobesmom]

Originally Posted by Salty Water

I have been reiterating he 40% (approx) figure for years. Now I learn it is even worse.


How come we don't hear the left and their media spokes-holes calling for these people to start paying THEIR FAIR SHARE!!!????



Thanks for the update.

You can't get blood from a turnip no matter how hard you try.

[Grlzrl]

Originally Posted by trobesmom

You can't get blood from a turnip no matter how hard you try.

So we have over 60% turnips?

[Vlajos]

We absolutely need a VAT so we tax all citizens equally and fairly.

[itsjustmeagain]

Originally Posted by Jimmyp25

Pretty sure that means that literally 60% of the country is in poverty.

Yep. In 2019, 44 % of Americans made 18000 USD or less.

Almost half of all Americans work in low-wage jobs

[hbdwihdh378y9]

Originally Posted by Grlzrl

61% of U.S. households paid no federal income tax last year

This is why we have a moral duty to limit the right to vote. It is wrong for people to be able to vote to take money from others.

[trobesmom]

Originally Posted by Grlzrl

Two words. You're welcome.


https://www.yahoo.com/money/househol...143002729.html


61% of U.S. households paid no federal income tax last year

The majority of U.S. households paid no federal income taxes in 2020, a spike driven by the pandemic-induced economic downturn and multiple rounds of tax-based assistance. The trend is likely to continue in 2021.

Nearly 107 million households — or 61% of U.S. households — owed no federal income taxes in 2020, according to estimates by The Tax Policy Center, marking a 40% increase from 2019 when 43.6% of households didn’t pay taxes..

Anybody have a problem with Bezos not paying tax for a coupla years?
https://www.businessinsider.com/jeff...-report-2021-6
"In 2007, and again in 2011, billionaire Amazon CEO Jeff Bezos reportedly paid nothing in federal income taxes."

Lots of billionaires don't pay much in federal income tax. I don't think the working or non-working poor are the problem.

[Vlajos]

Originally Posted by trobesmom

Anybody have a problem with Bezos not paying tax for a coupla years?
https://www.businessinsider.com/jeff...-report-2021-6
"In 2007, and again in 2011, billionaire Amazon CEO Jeff Bezos reportedly paid nothing in federal income taxes."

Lots of billionaires don't pay much in federal income tax. I don't think the working or non-working poor are the problem.

That's why a VAT is the most fair tax. Everyone pays according what they buy. Bezos presumably had no taxable income those years. I bet he still bought a lot of things.