Nick Hanauer - Job Creator Myth

[firstdown]

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.