Discussion in 'Politics' started by Lakhota, Oct 14, 2011.
More: CHART OF THE DAY: These Are The 47 Percent | TPMDC
Is it just as siimple a concept that the wealthy also are incumbered by taxes, all the while accused of paying little to no taxes? Same for businesses and corporations?
This thread is about the 47% that get bashed for supposedly paying no taxes.
Nobody is bashing the people, were bashing the Policy.
Just visit the IRS web site and look at Revenues from Federal Income Taxes(Not Fica and MC) it is there for everyone to see. 47% of everyone who filed taxes got all, or more back in their Return, than they paid in to Federal Income Taxes.
Mostly do to Earned Income Credit, and Child Tax Credits.
Your article Rails about Ignoring FICA and MC, which the 47% does pay. Why would you count Fica and MC? They are to fund specific Programs. It is Federal Income Tax withholding that funds the US budget, and it is Federal Income tax that the right is talking about when they say 47% pay 0 and the top 2 % pay 50%.
A lot of them are currently on Wall Street.
Bullshit, that isn't true...
Tax poor people: Republicans want the IRS to nail "lucky duckies." - Slate Magazine
Most people say "no federal income taxes" and you know it.
Then lets just isolate the federal budget, minus SS, medicare, etc. Why should only 53% of the country have a stake in funding federal programs? shouldnt everyone contribute to it?
corporations also get tax credits.
Attention Stupid the 47% figure is those that pay no income tax.
I realize your desperate for any distraction but this is fucking weak.
Im lost so somehow them paying state and sales taxes and whatnot that somehow makes it false the 47% essentially pay no federal income taxes?
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