taxation

[Stormieweather]

Originally Posted by classicman

Please tell me where the distortion is. The year 2009 was the last year data was available and thats why it was used.

I did. Read my whole post, or follow the links I provided.

What I am curious about is, if my deductions would wipe out my tax liability due to the pitiful earnings I made, should I lose those deductions altogether? Even if Joe Blow earning 5 million gets them? Why is it something that so many people are up in arms about? That someone earned so little that they ended up not owing anything? We all get deductions and credits and exemptions. Every single one of us has them. Are we really that ignorant and greedy? But man, if someone gets to owe nothing, then by golly, that's not fair! Even if I earned 10x his salary and he's eating at soup kitchens, fuck him. Pay the hell up!

I mean, J. H. C.

I don't know why I bother.

[classicman]

Originally Posted by Stormieweather

I did. Read my whole post, or follow the links I provided.

I mean, J. H. C.

I don't know why I bother.

Sorry Stormie, I was in rapidfire response to many posts all directed at me.

The normal percentage who don't pay any taxes is 14%, and those 14% are mostly seniors with no income or job at ALL, students who file but don't work full time, and the disabled who can't work.

Now are you referring to ANY taxes or Federal income taxes? Fed Income taxes is what the article was discussing. According to YOUR link:

In a more typical year, 35 percent to 40 percent of households owe no federal income tax. In 2007, the figure was 37.9 percent. [2]

Perhaps you should read some of my posts from today particularly where I was advocating several option that address the "uber-rich" ... perhaps not.

I have followed this site for some time and and found it to be very good and accurate. It certainly isn't an extremist (either side) hack site which is commonly posted here.

Again, I'm sorry if I caused you any duress due to my earlier post. I enjoy reading your posts.