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47% Will Pay No Federal Income Tax

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Old 04-08-2010, 01:20 PM   #1
tryfuhl
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Re: 47% Will Pay No Federal Income Tax
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Originally Posted by firstdown View Post
Yea, for people actually paying taxes.
They'll still be paying it out of their checks. Of course if they're getting a refund they won't actually owe any at year's end. This is net tax burden.

This makes it hard to take you guys seriously if you can't even understand what you're reading.
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Old 04-08-2010, 03:59 PM   #2
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Re: 47% Will Pay No Federal Income Tax
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Yea, for people actually paying taxes.
You're missing the point. A good many of the 47% don't pay taxes due to the tax cuts.
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Old 04-08-2010, 01:17 PM   #3
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Re: 47% Will Pay No Federal Income Tax
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Remember..you like tax cuts. This is the result.
Exactly. Why is this a bad thing now?
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Old 04-08-2010, 11:48 AM   #4
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Re: 47% Will Pay No Federal Income Tax
Yeah I thought you guys liked stuff like this? I thought TTE wasn't planning on paying taxes anymore??
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Old 04-08-2010, 12:39 PM   #5
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Re: 47% Will Pay No Federal Income Tax
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Yeah I thought you guys liked stuff like this? I thought TTE wasn't planning on paying taxes anymore??
I'm not mad. I'm jealous. I follow the rules and obey the law. Why is it that everyone else gets a free ride except me? Lower taxes aren't a bad thing but it should be for everyone, not a select few. Now they're (that POS Glenn Beck & Co.) talking about a value added tax. WTF?
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Old 04-08-2010, 01:39 PM   #6
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Re: 47% Will Pay No Federal Income Tax
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Originally Posted by Trample the Elderly View Post
I'm not mad. I'm jealous. I follow the rules and obey the law. Why is it that everyone else gets a free ride except me? Lower taxes aren't a bad thing but it should be for everyone, not a select few. Now they're (that POS Glenn Beck & Co.) talking about a value added tax. WTF?
I agree, and what about me? My ancestors worked for free, got nothing, it went to other people who got a free socialist ride back in the day before the Civil War (Heritage traditional values). Okay cool, keep the money from my ancestors. So i get a job and go to work only to then get screwed by the tax system. Double screwed for me, where is mine? I don't want the money, all I want is the end of racial profiling can I get that? I pay taxes why am I under pressure?
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Old 04-08-2010, 12:18 PM   #7
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Re: 47% Will Pay No Federal Income Tax
So to you leberals you really have no problem that 47% of the people living here don't pay any federal taxes?
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Old 04-08-2010, 12:48 PM   #8
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Re: 47% Will Pay No Federal Income Tax
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So to you leberals you really have no problem that 47% of the people living here don't pay any federal taxes?
did you look at the amount of money that you have to make, or not make, to qualify? those people need all the breaks they can get. and whats a leberal?
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Old 04-08-2010, 12:55 PM   #9
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Re: 47% Will Pay No Federal Income Tax
LOL...Who's tax policy is in effect?
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Old 04-08-2010, 01:18 PM   #10
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Re: 47% Will Pay No Federal Income Tax
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LOL...Who's tax policy is in effect?
A combination of Bush's and Obama's. Bush's main structure is in place, but Obama's refundable credits are also in place allowing many to not only not pay any taxes, but to get additional refunds as well (making work pay, first time home-buyer, etc.).

I'm taking no political position here, just reporting the facts.
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Old 04-08-2010, 01:32 PM   #11
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Re: 47% Will Pay No Federal Income Tax
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A combination of Bush's and Obama's. Bush's main structure is in place, but Obama's refundable credits are also in place allowing many to not only not pay any taxes, but to get additional refunds as well (making work pay, first time home-buyer, etc.).

I'm taking no political position here, just reporting the facts.
I should be clear, tax policy = tax structure. One time tax break in American Recovery and Reinvestment Act of 2009 v.s. Jobs and Growth Tax Relief Reconciliation Act of 2003 that is set to expire at the end of 2010.

In any case, Obama's turn will come and he has indicated he will continue Bush's tax policy for the most part (top income bracket will be ~39%). American people don't want to pay taxes and they're getting and will be getting what they want.
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Old 04-08-2010, 09:03 PM   #12
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Re: 47% Will Pay No Federal Income Tax
Does this 47% include kids or something to that effect?
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Old 04-08-2010, 01:21 PM   #13
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Re: 47% Will Pay No Federal Income Tax
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LOL...Who's tax policy is in effect?
Obama's
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Old 04-08-2010, 01:34 PM   #14
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Re: 47% Will Pay No Federal Income Tax
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Obama's
and all of this debt comes from policy enacted in February?
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Old 04-08-2010, 01:03 PM   #15
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Re: 47% Will Pay No Federal Income Tax
I just shake my head....so when things are bad and people need tax breaks (working and middle classes) they shouldnt get them? wow...ive heard it all today
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