Nick Hanauer - Job Creator Myth

[NC_Skins]

Originally Posted by firstdown

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.

Again, Households. HOUSEHOLDS. FAMILIES. What you said and what you are showing are two different things. The notion that a family of four or five living off of LESS than 50k a year after the stuff I mentioned isn't believable. Maybe if you live in a run down rat hole, and roll through it without insurance.


Also, calling shens on you supporting a family off of 13K, even during the 80s.

[firstdown]

Originally Posted by NC_Skins

Again, Households. HOUSEHOLDS. FAMILIES. What you said and what you are showing are two different things. The notion that a family of four or five living off of LESS than 50k a year after the stuff I mentioned isn't believable. Maybe if you live in a run down rat hole, and roll through it without insurance.


Also, calling shens on you supporting a family off of 13K, even during the 80s.

You can say what you want but I did have to raise a child for a few years making 13k. In life you have to do what you have to do to make things work.

I have seen it worded both ways and I'm not 100% sure which is the correct number.

Who Pays Taxes? Not As Many As You Think : NPR

Taxes are commonly referred to as one of life's certainties. You know what the other one is. And tomorrow is when Americans pay their federal income taxes. For many of us, the biggest single tax bill we see is at the bottom of an IRS 1040 form. For many of us, but not for all of us.
For many Americans, the Social Security and Medicare taxes take a bigger chunk of their income than the income tax does. And for quite a few Americans, that's a low threshold to clear since they don't pay any federal income tax at all.
Roberton Williams is a senior fellow at the Tax Policy Center, used to work on tax analysis at the Congressional Budget Office. And Mr. Williams' finding has gone viral. Let me ask you, now, how many Americans don't pay any federal income tax? And generally speaking, who are those people?
Mr. ROBERTON WILLIAMS (Senior Fellow, Tax Policy Center): By our estimate, about 47 percent of Americans will not pay any federal income tax for 2009. The people involved in that tend to be families with children, the elderly, low income households, those who either have too little income to pay taxes or who benefit enough from all the deductions, credits and exemptions in the income tax, so they're zeroed out on the bottom line of their 1040.
SIEGEL: And that number, 47 percent, is up from just a couple of years ago. What's the trend? By how much is it up and why?
Mr. WILLIAMS: Well, in 2007, just 38 percent of Americans didn't pay tax. It jumped to 49 percent for 2008, and 47 percent this year, primarily because of the stimulus bills that we've put in place trying to get the economy going again. In 2008, President Bush's stimulus payments sent $600 to individuals, $1,200 to couples, plus a little bit more if you had kids, and that all showed up as a tax reduction when you filed your income taxes.
This year we have the 2009 stimulus, which includes making work pay. Almost every American who works got benefit from that and a few other things that bring down tax bills.