ST Alpha - "46% of Americans pay zero Federal Income Tax -- (link)" (Reading a Post)

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46% of Americans pay zero Federal Income Tax -- (link)

Posted by Bacon, via Droid (aka redmond) Apr 28 '12, 22:35

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Wow, no wonder we are running such huge defecits (cnnmoney.mobi)

Responses:

EXXON, Wells Fargo, BoA are a few of them -- nm - zeitgeist Apr 29, 00:13
But everyone (with income) pays payroll taxes. - psilotum Apr 28, 23:58 15
- That's what always gets lost or pushed to the bottom of an article like this one. - Krusty Apr 29, 09:09 13
  - Oops...in the IM I meant payroll taxes and not income taxes. -- nm - Krusty Apr 29, 09:15
  - You are responding to a post that is wrong. Not everyone with income pays Federal Income Taxes. - Bacon Apr 29, 09:12 11
    - Although in most jobs you pay Social Security taxes, which are being included here. - MojaveMeg Apr 29, 09:19 1
      - Well FICA sure. But supposedly that is only to fund Social Security although it ends up in General Funds. - Bacon Apr 29, 09:23
    - I don't end up getting all that back. I don't have a kid or a mortgage. -- nm - Krusty Apr 29, 09:18 8
      - You= the 46%. Wasn't including you the person as I would have no clue about your current status. -- nm - Bacon Apr 29, 09:24 5
        
        I don't know many people that get back everything they pay throughout the year. - Krusty Apr 29, 09:28 4
        
        Federal Income Tax. Stop, changing the article. - Bacon Apr 29, 09:30 3
        
        Sorry, I did get off point there. :-) - Krusty Apr 29, 09:43 2
        
        I think it makes the sytem look like a bad system, but that's just me. - Bacon Apr 29, 10:09 1
        
        It's single point analysis, which always makes things look worse than they really are. - Roger More Apr 29, 10:44
      - Most people I know get back a percentage of what they paid throughout the year, not all of it. - Krusty Apr 29, 09:24 1
        
        Haha, and I never said that was the case. Read the article it's less about the poor and more about tax deductions. -- nm - Bacon Apr 29, 09:26
- My bad, apparently 18% pay no income or payroll taxes. - psilotum Apr 29, 01:06
Because they make very little money. And you want to take what little they earn away from them? -- nm - amoxy Apr 28, 23:26 2
- OR, find ways to raise people's incomes so they raise the standard of living and contribute to the tax base. - Bacon Apr 29, 08:04
- no, just to pay their "fair share." now earning their "fair share" on the other hand . . . - pixitude Apr 28, 23:28
no, has virtually nothing to do with why we are running such huge deficits -- nm - pixitude Apr 28, 22:43 3
- alternatively, the other 56% of Americans earn 83% of the annual available income -- nm - pixitude Apr 28, 22:57 2
  - +/- 2% -- nm - dogbert Apr 28, 23:03 1
    - sorry, 54% - pixitude Apr 28, 23:05
they don't give much info. how many of them were not required to pay? -- nm - loosi Apr 28, 22:43
close schools and send those punks to the coal mines and textile mills where they belong, and granny, get your wheelchair down the corner and - zeitgeist Apr 28, 22:42

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