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View Full Version : Nearly half of US households escape fed income tax



PoliCon
04-09-2010, 01:29 AM
By STEPHEN OHLEMACHER (AP)

WASHINGTON Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem.http://www.google.com/hostednews/ap/article/ALeqM5jh1dk77muG6W-nTBNRf_BOt8ssPQD9EUC4FO0

mean while the same people are bitching that the rich don't pay their fair share. :rolleyes:

djones520
04-09-2010, 08:02 AM
I paid $400 in taxes last year, and got $3500 back. Come on rich people, pay me more.

lacarnut
04-09-2010, 08:39 AM
I paid $400 in taxes last year, and got $3500 back. Come on rich people, pay me more.

Those in the military up to say a Major or Col. should not have to pay any income tax in my opinion.


I am retired and have to pay Uncle Sam on my pension, SS and other income.

djones520
04-09-2010, 08:43 AM
Those in the military up to say a Major or Col. should not have to pay any income tax in my opinion.


I am retired and have to pay Uncle Sam on my pension, SS and other income.

From July through January I won't have to.

Wei Wu Wei
04-09-2010, 11:15 AM
Tax cuts enacted in the past decade have been generous to wealthy taxpayers, too, making them a target for President Barack Obama and Democrats in Congress. Less noticed were tax cuts for low- and middle-income families, which were expanded when Obama signed the massive economic recovery package last year.

http://seattletimes.nwsource.com/ABPub/2009/04/15/2009059026.jpg

http://www.straightupamerican.com/wp-content/uploads/2010/01/tea-taxed-enough-already.jpg

http://kimag.es/share/36281077.jpg

http://i46.tinypic.com/2myytmr.jpg

Wei Wu Wei
04-09-2010, 11:18 AM
http://i41.tinypic.com/10qxpgz.jpg

http://i40.tinypic.com/65nzf8.jpg

http://i43.tinypic.com/30xd6a0.jpg

http://i43.tinypic.com/21l771h.jpg

PoliCon
04-09-2010, 12:19 PM
What's your point fucktard?

Jfor
04-09-2010, 12:21 PM
What's your point fucktard?

I was wondering the same thing because it looks to me like a bunch of everyday Americans tired of being taxed through their teeth.

Wei Wu Wei
04-09-2010, 12:47 PM
I was wondering the same thing because it looks to me like a bunch of everyday Americans tired of being taxed through their teeth.

Read the OP

Read this article exerpt:


Tax cuts enacted in the past decade have been generous to wealthy taxpayers, too, making them a target for President Barack Obama and Democrats in Congress. Less noticed were tax cuts for low- and middle-income families, which were expanded when Obama signed the massive economic recovery package last year.

NJCardFan
04-09-2010, 12:48 PM
WeeWee is one of those in the lower 50% and he thinks those in the pictures are jokes. WeeWee is an idiot. But seriously, not only are there those in the lower 50% not paying any taxes, some, like Djones, get back substantially more than they paid in. This is called welfare. Sorry DJ it is.

Wei Wu Wei
04-09-2010, 12:49 PM
We have some of the lowest tax rates of any advanced western nation. Also, according to the OP, almost half of Americans receive enough tax cuts (or are simply too poor) that they don't pay federal income taxes.

But don't let that stop the Taxed Enough Already party, they've had it with these skyrocketing tax rates, unprecidented government THEFT. WE ARE TAX SLAVES! TAX SLAVES!!

Wei Wu Wei
04-09-2010, 12:50 PM
WeeWee is one of those in the lower 50% and he thinks those in the pictures are jokes.

Oh those pictures are hilarious, but they aren't jokes.


WeeWee is an idiot. But seriously, not only are there those in the lower 50% not paying any taxes, some, like Djones, get back substantially more than they paid in. This is called welfare. Sorry DJ it is.

They get back REFUNDS. They aren't getting free money, they pay their taxes all year and after they file all their credits and exemptions they get most of that money back to them.

noonwitch
04-09-2010, 12:57 PM
I paid $400 in taxes last year, and got $3500 back. Come on rich people, pay me more.


Can I have your accountant's phone number? HR Block doesn't get me that good of a deal!

Jfor
04-09-2010, 01:03 PM
We have some of the lowest tax rates of any advanced western nation. Also, according to the OP, almost half of Americans receive enough tax cuts (or are simply too poor) that they don't pay federal income taxes.

But don't let that stop the Taxed Enough Already party, they've had it with these skyrocketing tax rates, unprecidented government THEFT. WE ARE TAX SLAVES! TAX SLAVES!!

Hey dipshit, when every single person pays the same % in income taxes then we can talk. When you have people who get back way more than they pay in there is a huge disparity problem.

Wei Wu Wei
04-09-2010, 01:07 PM
Hey dipshit, when every single person pays the same % in income taxes then we can talk. When you have people who get back way more than they pay in there is a huge disparity problem.

They are getting a REFUND, not a subsidy. That money is their own money that was taken out of their paycheck that wasn't needed for taxes because they qualified for credits and exemptions.

They aren't getting more money that they pay in, they are simply getting their money back because they spend a year paying before they know what they owe.

People do this all the time, they can opt for increased federal withholding and come tax time they get a huge refund because they paid in more than they needed.

Megaguns91
04-09-2010, 01:11 PM
They are getting a REFUND, not a subsidy. That money is their own money that was taken out of their paycheck that wasn't needed for taxes because they qualified for credits and exemptions.

They aren't getting more money that they pay in, they are simply getting their money back because they spend a year paying before they know what they owe.

People do this all the time, they can opt for increased federal withholding and come tax time they get a huge refund because they paid in more than they needed.

Did you fail to read the part where he PAID 400$ and got back 3500$, or are you just as stupid as you pretend to be?

Cmon man. You're giving humanity as a whole a very bad name.

djones520
04-09-2010, 01:21 PM
Can I have your accountant's phone number? HR Block doesn't get me that good of a deal!

Have a kid, a spouse with no income, and be in the 2nd lowest tax bracket.

djones520
04-09-2010, 01:23 PM
WeeWee is one of those in the lower 50% and he thinks those in the pictures are jokes. WeeWee is an idiot. But seriously, not only are there those in the lower 50% not paying any taxes, some, like Djones, get back substantially more than they paid in. This is called welfare. Sorry DJ it is.

Not putting me off. I know exactly what it is. Were the law changed tomorrow ensuring I never got another return like that, life would go on and I wouldn't say a negative word about it. But while I'm getting that money I'm going to be using it to better provide for my family.

Wei Wu Wei
04-09-2010, 01:34 PM
Hey dipshit, when every single person pays the same % in income taxes then we can talk.

Let's say you and I both make $70,000 a year. However, I also own many financial assets, stock options, savings accounts, and other wealth investments. I get returns on these investments, in fact I make about $50,000 a year in just Capital Gains (not counted in Income) from my financial assets. Also, the net worth of those investments totals to about $800,000.

You don't really have many financial assets, perhaps a house and a retirement plan.

Our INCOME, however, is equal so if we were both taxed 20% of our income, would we be taxed the same?

Wei Wu Wei
04-09-2010, 01:38 PM
Did you fail to read the part where he PAID 400$ and got back 3500$, or are you just as stupid as you pretend to be?

Cmon man. You're giving humanity as a whole a very bad name.

Additional money beyond what is paid in is a result of tax credits, dependants, ect. can return more than what was paid in.

Are you saying we should end middle class tax credits? Or should we just raise middle class income taxes?

Wei Wu Wei
04-09-2010, 01:39 PM
Not putting me off. I know exactly what it is. Were the law changed tomorrow ensuring I never got another return like that, life would go on and I wouldn't say a negative word about it. But while I'm getting that money I'm going to be using it to better provide for my family.

Taxed
Enough
Already

Jfor
04-09-2010, 01:46 PM
Let's say you and I both make $70,000 a year. However, I also own many financial assets, stock options, savings accounts, and other wealth investments. I get returns on these investments, in fact I make about $50,000 a year in just Capital Gains (not counted in Income) from my financial assets. Also, the net worth of those investments totals to about $800,000.

You don't really have many financial assets, perhaps a house and a retirement plan.

Our INCOME, however, is equal so if we were both taxed 20% of our income, would we be taxed the same?

Yes we would be taxed the same. Now you see the folly of income taxes. You cannot begrudge somebody who makes money because they invested. They were smart with their money.

Wei Wu Wei
04-09-2010, 01:47 PM
Middle class people are paying less in taxes than they receive in tax credits. But....the Tea Party is in a rage about their taxes, they're taxed too much and they hate the tax policies of Obama (that included additional middle class tax credits).

But....Wait....Taxed Enough Already....but nearly half of US households don't pay taxes...but Obama is raising taxes on us....but for some reason middle class households are getting taxed less and bigger refunds...

Not enough taxes to make up for these large refunds...that's fiscally irresonsible...we need to end credits, but NOT raise taxes....or...no let's raise taxes, but then also raise credits! no that doesn't work that's socialism ummm... let's lower taxes and raise credits! oh no wait that's what Obama did last year...umm...uihh....


TEA PARTY 4 LIFE

http://i46.tinypic.com/2irrxag.jpg

PoliCon
04-09-2010, 01:49 PM
If the federal government would get their hands out of issues and programs that they have no buisness being involved in - well then our taxes would be even lower. Imagine that. FURTHERMORE - if they want to be equitable and just in the application of taxes they should junk the income tax and switch over to a CONSUMPTION tax.

Wei Wu Wei
04-09-2010, 01:51 PM
Yes we would be taxed the same. Now you see the folly of income taxes. You cannot begrudge somebody who makes money because they invested. They were smart with their money.

Taxation is not punishment. Why is it that a working class man has his entire net worth taxed (his income and home) while a rich man is only taxed on small part of his net worth (while capital gains and other financial assets are taxed significantly less)?

You don't "win" a tax-free ride because you've succeeded, if you succeeded in our system you should pay back into that system that you thrived in.

The result of our tax policy is that middle class people who do pay taxes end up paying a larger percentage of their net worth in taxes than does the rich.

djones520
04-09-2010, 01:53 PM
Taxed
Enough
Already

Wei, one doesn't have to be directly taxed to protest taxes, or to feel their effects. Look at the billions of new taxes levied on companies with this healthcare bill. It's going to have an adverse effect on the economy. That means jobs will be lost, less money will be spent as people tighten their belts more, and an over all negative effect will occur.

The TEA parties are not just about personal income taxes. It's about ALL taxes. Something you seem to be glossing over.

PoliCon
04-09-2010, 01:59 PM
Taxation is not punishment. Why is it that a working class man has his entire net worth taxed (his income and home) while a rich man is only taxed on small part of his net worth (while capital gains and other financial assets are taxed significantly less)?

You don't "win" a tax-free ride because you've succeeded, if you succeeded in our system you should pay back into that system that you thrived in.

The result of our tax policy is that middle class people who do pay taxes end up paying a larger percentage of their net worth in taxes than does the rich.

http://www.youtube.com/watch?v=PEPgA4ZQf0U

JACKASS - it's call INCOME tax for a reason. :rolleyes:

Jfor
04-09-2010, 01:59 PM
Taxation is not punishment. Why is it that a working class man has his entire net worth taxed (his income and home) while a rich man is only taxed on small part of his net worth (while capital gains and other financial assets are taxed significantly less)?

You don't "win" a tax-free ride because you've succeeded, if you succeeded in our system you should pay back into that system that you thrived in.

The result of our tax policy is that middle class people who do pay taxes end up paying a larger percentage of their net worth in taxes than does the rich.

My God you are dense. Our tax policy is regressive. The top 1% pay over 40% of the taxes collected. We are taxed on gas. We are taxed on income. We have federal taxes on our phone bills, cable bills, most other bills we get. We shouldn't have to worry about tax credits or tax rebates. Our government has gotten too big that even if every person was be taxed at 100% we could not cover our current debt or even our unfunded benefits. I truly am sorry that you are such a fucktard that you cannot see that. I and many others like me are sick to death of funding other people's lifestyles at the point of the government's gun. We are heading down a course that we will not be able to correct with our current government intact.

Lager
04-09-2010, 04:34 PM
The result of our tax policy is that middle class people who do pay taxes end up paying a larger percentage of their net worth in taxes than does the rich.

But middle class people have the same access to investments that produce dividends or capital gains. That functions as an incentive to be frugal and save. You may think that investments only help the wealthy, but I am not wealthy and I have benefited. The current rate on investments is what is going go help me retire without the need for government assistance, thus reducing the burden on everyone.

Wei Wu Wei
04-09-2010, 05:25 PM
My God you are dense. Our tax policy is regressive. The top 1% pay over 40% of the taxes collected.

The top 1% also owns 37% of the nation's wealth (as of 2007).


We are taxed on gas. We are taxed on income. We have federal taxes on our phone bills, cable bills, most other bills we get. We shouldn't have to worry about tax credits or tax rebates. Our government has gotten too big that even if every person was be taxed at 100% we could not cover our current debt or even our unfunded benefits.

Is that true? The top 400 individuals own $1.5 Trillion.*
*Fun fact, of those 400, 137 attributed their wealth to ONLY inheritance.

The top 1% has about $17 Trillion, which is more than the bottom 90% combined. (Economic Policy Institute, 2006)


I truly am sorry that you are such a fucktard that you cannot see that. I and many others like me are sick to death of funding other people's lifestyles at the point of the government's gun. We are heading down a course that we will not be able to correct with our current government intact.

I am truly sorry that so many people just believe things they hear on the radio without ever looking up the facts on their own, contributing to their horrendously distorted view of reality.

Wei Wu Wei
04-09-2010, 05:29 PM
But middle class people have the same access to investments that produce dividends or capital gains. That functions as an incentive to be frugal and save. You may think that investments only help the wealthy, but I am not wealthy and I have benefited. The current rate on investments is what is going go help me retire without the need for government assistance, thus reducing the burden on everyone.

Everyone is technically "able" to benefit from capital gains and dividends, but not everyone does.

Low taxes on these don't "only" help the wealthy, they just primarily help the wealthy.

If we look only at financial assets, the concentration of wealth is obvious:

Top 1% owns 50%
Bottom 90% owns 15%
(Keister, 2000, 2005)

So yes, some middle class people get a little bit of table scraps from capital gains, but the vast VAST majority of it go to the rich and super-rich.

Jfor
04-09-2010, 05:47 PM
The top 1% also owns 37% of the nation's wealth (as of 2007).



Is that true? The top 400 individuals own $1.5 Trillion.*
*Fun fact, of those 400, 137 attributed their wealth to ONLY inheritance.

The top 1% has about $17 Trillion, which is more than the bottom 90% combined. (Economic Policy Institute, 2006)



I am truly sorry that so many people just believe things they hear on the radio without ever looking up the facts on their own, contributing to their horrendously distorted view of reality.

Sounds to me like you have severe case wealth envy. Instead of worrying what everyone else has, maybe you should worry about what you have and bettering yourself. I really could give a rats ass about how much wealth is tied up where. I do know that I get paid good for what I do and that I am happy. If I want something expensive, I save up and I pay cash for it. Get off your bleeding liberal high horse ass and do something for yourself. Is it sad that people are poor? Yes it is. At the same time they are a product of their life choices. Is it any concern of the government's? Hell no.

PoliCon
04-09-2010, 07:17 PM
Everyone is technically "able" to benefit from capital gains and dividends, but not everyone does.

Low taxes on these don't "only" help the wealthy, they just primarily help the wealthy.

If we look only at financial assets, the concentration of wealth is obvious:

Top 1% owns 50%
Bottom 90% owns 15%
(Keister, 2000, 2005)

So yes, some middle class people get a little bit of table scraps from capital gains, but the vast VAST majority of it go to the rich and super-rich.

http://www.californiacriminallawyerblog.com/LIAR.gif

Wei Wu Wei
04-09-2010, 08:23 PM
Sounds to me like you have severe case wealth envy. Instead of worrying what everyone else has, maybe you should worry about what you have and bettering yourself. I really could give a rats ass about how much wealth is tied up where. I do know that I get paid good for what I do and that I am happy. If I want something expensive, I save up and I pay cash for it. Get off your bleeding liberal high horse ass and do something for yourself. Is it sad that people are poor? Yes it is. At the same time they are a product of their life choices. Is it any concern of the government's? Hell no.

I'm not talking about me. People are saying that even if we taxed everyone we could neer pay off our debt. I just demonstrated that the top 1% alone could pay off our debt. We aren't lacking money, it's just in the hands of very few people who also pay very little of their total wealth in taxes.

I'm happy with my lifestyle, but when we say that we can't afford to keep our citizens healthy, I call bullshit. When we say we can't afford better schools, bullshit. We we say we can't afford things that benefit society as a whole, bullshit. Yes we can, but when the top 1% has $15 trillion dollars they can put more pressure on the government than any Joe-Six-Pack to make sure that no one raises their taxes.

We're going to deny healthcare, decent education, povery programs, labor laws, and social safety nets because we can't afford them, while we simultaneously give tax cuts to people who possess enough money to totally fund all of these programs. Then we wonder why our education system is failing, why we're getting sicker, why medication is so expensive, and why wages have stagnated for the last 30 years while prices have risen, making the single-income lifestyle a lost dream.

This is a moral issue to me, and if it means I have to pay slightly higher taxes (and my taxes are already very low) then so be it.

Rockntractor
04-09-2010, 08:26 PM
I'm not talking about me. People are saying that even if we taxed everyone we could neer pay off our debt. I just demonstrated that the top 1% alone could pay off our debt. We aren't lacking money, it's just in the hands of very few people who also pay very little of their total wealth in taxes.

I'm happy with my lifestyle, but when we say that we can't afford to keep our citizens healthy, I call bullshit. When we say we can't afford better schools, bullshit. We we say we can't afford things that benefit society as a whole, bullshit. Yes we can, but when the top 1% has $15 trillion dollars they can put more pressure on the government than any Joe-Six-Pack to make sure that no one raises their taxes.

We're going to deny healthcare, decent education, povery programs, labor laws, and social safety nets because we can't afford them, while we simultaneously give tax cuts to people who possess enough money to totally fund all of these programs. Then we wonder why our education system is failing, why we're getting sicker, why medication is so expensive, and why wages have stagnated for the last 30 years while prices have risen, making the single-income lifestyle a lost dream.

This is a moral issue to me, and if it means I have to pay slightly higher taxes (and my taxes are already very low) then so be it.

Why should somebody else have to pay for your health care, your food, your home, your schooling etc.....

NJCardFan
04-09-2010, 11:09 PM
OK. I think I don't have a choice here. Arguing with Wee Wee is like trying to teach my dog calculus. The difference is that after a while my dog would actually start to understand calculus. With that, for the first time in my natural life, I'm going to put someone on ignore. One can piss up a rope only so much until you get tired of getting wet.

malloc
04-09-2010, 11:14 PM
http://www.californiacriminallawyerblog.com/LIAR.gif



Good god man! Watch where you point that gif, you'll burn someone's eyes out!

PoliCon
04-09-2010, 11:27 PM
Good god man! Watch where you point that gif, you'll burn someone's eyes out!

I wanted to make a statement . . . :)

Rockntractor
04-09-2010, 11:32 PM
Good god man! Watch where you point that gif, you'll burn someone's eyes out!

I'm a child of the 60s and 70s I have spent hours staring at things like that with headphones on listening to music. far out man!:D

Lager
04-10-2010, 12:13 AM
Wei, Wei, Wei,

I guess any further debate would be futile. You believe in the forceful redistribution of wealth. In your opinion, that would best serve society. Most conservatives strongly disagree. We've tried to point out how that type of government action can actually weaken a country. You look at the number of wealthy citizens and you see greed, we look at the same thing and see a country that inspires, encourages and enables prosperity. You don't look at the amount of taxes the upper income levels are already paying, you look at what they still have left and think they should pay more.

We look at equal opportunity for all citizens, you look at equal outcome. We see a country that in its beginnings, believed that government should maintain a low profile so that Americans could rise to their potentials, reach for and achieve goals as high as they desired, and be responsible for their own happiness and well being. You envision a government whose role it is to facilitate and guarantee that happiness and well being.

We don't condone greed and corruption to achieve success, but we don't begrudge those whose talents and abilities led them to great success. There's the heart of the difference in philosophies of the left and right. Your positions aren't new or original. Others have considered and disgarded them by using reason over emotion. Though they may be entrenched right now, perhaps with time and experience you'll see the flaws in them.

NJCardFan
04-10-2010, 12:58 AM
Wei, Wei, Wei,

I guess any further debate would be futile. You believe in the forceful redistribution of wealth. In your opinion, that would best serve society. Most conservatives strongly disagree. We've tried to point out how that type of government action can actually weaken a country. You look at the number of wealthy citizens and you see greed, we look at the same thing and see a country that inspires, encourages and enables prosperity. You don't look at the amount of taxes the upper income levels are already paying, you look at what they still have left and think they should pay more.

We look at equal opportunity for all citizens, you look at equal outcome. We see a country that in its beginnings, believed that government should maintain a low profile so that Americans could rise to their potentials, reach for and achieve goals as high as they desired, and be responsible for their own happiness and well being. You envision a government whose role it is to facilitate and guarantee that happiness and well being.

We don't condone greed and corruption to achieve success, but we don't begrudge those whose talents and abilities led them to great success. There's the heart of the difference in philosophies of the left and right. Your positions aren't new or original. Others have considered and disgarded them by using reason over emotion. Though they may be entrenched right now, perhaps with time and experience you'll see the flaws in them.
Well put. Moonbats like Wee Wee's problem comes down to 1 simple thing: jealousy. They're jealous that there are people that have more than they and that these people either inherited this wealth(why this is an issue I'll touch on in a minute) or they gained their wealth through ill gotten gains. And if they themselves cannot have this wealth, no one should have it. It's simply not fair that there are those who have more than they do. And people like Wee Wee make me sick. And who cares if someone inherited wealth? That's the point isn't it? To provide for one's family? And everyone wants this. If this weren't the case them lotteries wouldn't exist.

lacarnut
04-10-2010, 03:20 AM
Well put. Moonbats like Wee Wee's problem comes down to 1 simple thing: jealousy. They're jealous that there are people that have more than they and that these people either inherited this wealth(why this is an issue I'll touch on in a minute) or they gained their wealth through ill gotten gains. And if they themselves cannot have this wealth, no one should have it. It's simply not fair that there are those who have more than they do. And people like Wee Wee make me sick. And who cares if someone inherited wealth? That's the point isn't it? To provide for one's family? And everyone wants this. If this weren't the case them lotteries wouldn't exist.

Well said. Lefties want us to be more like the EU. Distribution of wealth thru higher taxes, more government entitlements programs which equals more dependence. That is the Magic Negro and the democrats agenda.