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The bottom line when all is said and done is that no matter what the reason or situation, the country can not have nearly half it's population being supported by the rest. It's unsustainable. All day long, back and forth, who comprises it, who needs it, who doesn't deserve it, who pays taxes, who doesn't....
The whole point being missed is as plain as the nose of one's face. It can't continue.
This is part of the Conservative argument that I don't understand
How are you supporting those 47%? They are earning money, they are supporting their own families, they are paying state and local taxes
However, by taking dependent child, mortgage, charity and medical deductions they get their federal rate down to zero
How exactly, are you supporting them?
I know I heard on the news somewhere that the reason that they don't have that liability is because of the tax policy of the ...................................previous Administration!
Romney did not say he was talking about all the people who pay no federal income tax. He said that 47 percent of Americans had an entitlement mentality and would vote for Obama no matter what.
His problem is that those people are disproportionately in red states -- that is, states that tend to vote Republican:
The rich have loopholes allowing them to legally get out of paying maximum taxes. This is not their fault it is the fault of the code. The lower class gets a majority if not all of their taxes back in the tax return. This is also not their fault it is the fault of the code.
Here is the amazing part...both sides benefit from a broken code, yet the upper class complains that the lower class is abusing a system they didn't come up with. Nothing worse than a whiney rich person complaining they didn't get their percieved share.
Not true. IN fact middle class people working buying homes, settling in the best neighborhood they can afford, taking care of their responsibilities are THE MOST outspoken when it comes to social safety nets and the abuse thereof. Why? Because WE are the ones who take it in the shorts while those sucking off the taxpayer tit keep their hand stuck out while politicians demand more of our hard earned money to fill those hands.
My question to you is...why such an uproar over the millions the lower class gets in tax loopholes, and not so much so over the billions the upper class gets in loopholes? Surely the billions would pay down the debt faster than the millions.
Yeah. Screw the handicapped, seniors etc . They are all losers.Who are the 47% who pay no federal taxes?
Losers.
Romney did not say he was talking about all the people who pay no federal income tax. He said that 47 percent of Americans had an entitlement mentality and would vote for Obama no matter what.
Oh bullshit. I've been hearing that pathetic spin all day long.
He said what he said and he's in hot f-ing water for it.
It was an overgeneralized statement playing off the old "47%" misleading talking point.
Most people using food stamps don't think they're owed food stamps -- they just want to feed their kids. Romney's calm, cool tone while talking about half the country, many of who are/were his supporters, was the most telling aspect of this story. He suggested that they are beyond redemption and not worth this time. He suggested that nearly half of the country were freeloaders of some type. That 46% statistic actually includes veterans, seniors, and the working poor. WORKING poor.
Yeah. Screw the handicapped, seniors etc . They are all losers.Losers.
straw man argument.
Not even close to the people to which the issue refers.
Yeah. Screw the handicapped, seniors etc . They are all losers.
straw man argument.
Not even close to the people to which the issue refers.
On the contrary, exactly the people that Romney referred to. As well as the working poor.
Romney did not say he was talking about all the people who pay no federal income tax. He said that 47 percent of Americans had an entitlement mentality and would vote for Obama no matter what.
Oh bullshit. I've been hearing that pathetic spin all day long.
He said what he said and he's in hot f-ing water for it.
It was an overgeneralized statement playing off the old "47%" misleading talking point.
Most people using food stamps don't think they're owed food stamps -- they just want to feed their kids. Romney's calm, cool tone while talking about half the country, many of who are/were his supporters, was the most telling aspect of this story. He suggested that they are beyond redemption and not worth this time. He suggested that nearly half of the country were freeloaders of some type. That 46% statistic actually includes veterans, seniors, and the working poor. WORKING poor.
Uh, they are only paying HALF of their SS and medicare.They pay Social Security and Medicare
Which federal benefits are they recieving that you say they are not paying for?
If you have a family of four and make $25,000. What federal benefits are you getting that you don't pay for?
Uh, they are only paying HALF of their SS and medicare.They pay Social Security and Medicare
Which federal benefits are they recieving that you say they are not paying for?
If you have a family of four and make $25,000. What federal benefits are you getting that you don't pay for?
Their employers pay the other half.
Even if they get no check from government and contribute nothing to it, they are getting free roads, military, courts, ... No one should pay no taxes. It's the ultimate in pitting one group of citizens against another, those with a stake in paying for our government and those who at best contribute nothing to it.
That is what I wanted to hear
Why is it that when we ask billionaires to pay a greater burden for roads, military and courts....Conservatives go nutz
Yet they have no reservations in asking families that are struggling to provide food, shelter and healthcare to kick in more
Seriously? Because the billionaires are already paying a shit load multiplied by the average taxpayer and half the population pays nothing. If you're wife put out more than mine did, is your wife obligated to give me a little too?
snap.....
nope.Its not true that half the population pays nothing.Seriously? Because the billionaires are already paying a shit load multiplied by the average taxpayer and half the population pays nothing. If you're wife put out more than mine did, is your wife obligated to give me a little too?
Pop another ritalin and try to focus. INCOME TAX!!! Would it help if we took a hammer and pounded that term into your head?
do you claim mortgage deduction? do you take a dependent exemption?I actually pay a higher rate of taxation than Romney.
So you're wrong.
Again, who's fault is it that Romney pays less tax than you? His? No. The federal government.... that would be Obama.
Blaming those who pay less than you is like blaming the victim of crime. Nonsensical.
If he were to become president....yes, it would be his fault
Not only does he take advantage of the code, but he wants it rewritten to be more in his favor
Uh, they are only paying HALF of their SS and medicare.They pay Social Security and Medicare
Which federal benefits are they recieving that you say they are not paying for?
If you have a family of four and make $25,000. What federal benefits are you getting that you don't pay for?
Their employers pay the other half.
That's correct - because it's part of their agreed upon compensation package.
Are they counting people who get a refund from the government at the end of the year? Are they saying that those people don't pay taxes?
Are they counting people who get a refund from the government at the end of the year? Are they saying that those people don't pay taxes?
yes
The 47 percent: Here's who pays no federal income tax - Economy Watch
Just who are the 47 percent?
The Tax Policy Center researchers found that about half of the group is basically exempt from federal income taxes because they are low income and also may have a large family.
In a blog released not long after its report, the TPC explained that "a couple with two children earning less than $26,400 will pay no federal income tax this year because their $11,600 standard deduction and four exemptions of $3,700 each reduce their taxable income to zero."
The other half are zeroing out their federal income tax bill with other provisions, such as itemized deductions or the child tax credit. Some are seniors who are living off Social Security.
To be clear, the people in this group are still paying taxes. They are subject to payroll taxes for things like Medicare and Social Security, federal excise taxes on things like gasoline and state and local taxes including sales taxes on items they purchase.
Not everyone who pays no federal income tax is in the lower income brackets. A separate report released last spring by the Internal Revenue Service found more than 35,000 people who made more than $200,000 in 2009 also managed to zero out their tax bills. That report noted that it generally takes a number of different credits and deductions for wealthy people to not pay any federal income taxes.
Republicans are fools. Never wanna pay there fair share.
The 47 percent: Here's who pays no federal income tax - Economy Watch
Just who are the 47 percent?
The Tax Policy Center researchers found that about half of the group is basically exempt from federal income taxes because they are low income and also may have a large family.
In a blog released not long after its report, the TPC explained that "a couple with two children earning less than $26,400 will pay no federal income tax this year because their $11,600 standard deduction and four exemptions of $3,700 each reduce their taxable income to zero."
The other half are zeroing out their federal income tax bill with other provisions, such as itemized deductions or the child tax credit. Some are seniors who are living off Social Security.
To be clear, the people in this group are still paying taxes. They are subject to payroll taxes for things like Medicare and Social Security, federal excise taxes on things like gasoline and state and local taxes including sales taxes on items they purchase.
Not everyone who pays no federal income tax is in the lower income brackets. A separate report released last spring by the Internal Revenue Service found more than 35,000 people who made more than $200,000 in 2009 also managed to zero out their tax bills. That report noted that it generally takes a number of different credits and deductions for wealthy people to not pay any federal income taxes.
So we should tax em more and give more tax breaks to companies and big oil and big money?
Really? You can't see it?The bottom line when all is said and done is that no matter what the reason or situation, the country can not have nearly half it's population being supported by the rest. It's unsustainable. All day long, back and forth, who comprises it, who needs it, who doesn't deserve it, who pays taxes, who doesn't....
The whole point being missed is as plain as the nose of one's face. It can't continue.
This is part of the Conservative argument that I don't understand
How are you supporting those 47%? They are earning money, they are supporting their own families, they are paying state and local taxes
However, by taking dependent child, mortgage, charity and medical deductions they get their federal rate down to zero
How exactly, are you supporting them?
