Quote:
Originally Posted by NC_Skins
1) That article was 3 years ago.
2) They are referring to households. (aka..married couples and families)
47% of the households making less than 50K have 0 liability. That's a far different claim than saying 50% of the American people aren't paying federal taxes.
Just curious, but how do you suggest a family of four or five to live off below 50K per year?
Food, rent, car, insurance, clothes, school supplies, college tuition, retirement, gas,...and so on and so on.
|
Sorry the number is still the same in 2011.
TPC Tax Topics | Who Doesn't Pay Federal Taxes?
As far as living off 50K per year that would not be very hard in our area. In the 80's when I was a single father trying to get my career started I made maybe $13,000 per year and made ends meet.