Nick Hanauer - Job Creator Myth

Sorry the number is still the same in 2011.

TPC Tax Topics | Who Doesn't Pay Federal Taxes? (http://www.taxpolicycenter.org/taxtopics/federal-taxes-households.cfm)


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.

.............when I was a single father trying to get my career started I made maybe $13,000 per year and made ends meet.

Living in a van, down by the river?

Also, there's a big difference between not owing taxes and not paying taxes. Personally, I take 0 deductions on my pay check. I'd rather not pay anything at the end of the year, and I'm okay giving uncle sam a loan for a few months. Just because I get money back at the end of the year doesn't mean I didn't pay my fair share of taxes, it meant I paid more than my fair share (by current standards).

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 (http://www.npr.org/templates/story/story.php?storyId=125997180)

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.

by the way, for a few years while i was in the air force i didn't owe taxes... a lot of my money came in tax free pay (BAH/BAS) and SS etc was taken out before i ever saw a cent. after deductions and all that. I guess that means i should have quit SOC and gotten a real job :P

Just one small example. I guess he does not count the thousands and thousands of jobs it takes to build and support a rich mans toys.
http://www.charterworld.com/news/wp-content/uploads/2010/12/Miami-International-Boat-Show-Marina-2010.jpg


The rich do not create all the jobs but they sure do create a punch of jobs.


Now let me address this crap that is constantly spewed. Oh, if the rich people didn't buy all these high priced toys, there would be a lot of people out of a job. Really?

Northern Marine (yatch builder) This is their work force. Look at ALL those jobs...lol
http://www.northernmarine.com/gallery/employment3.jpg

Lazzaro Yatchs. 250 employees
Lazzara Yacht Corporation - Company Profile by Insideview (http://www.insideview.com/directory/lazzara-yacht-corporation)


We can't even count Bentley, Lamborghini, Ferrari, or Lotus because they are all jobs overseas. Even then, they still employ very small numbers in the grand scheme of things.


So exactly where are all these jobs that are created by rich people buying these "toys" you speak of?


Let me ask you a question FD. Which would help the economy out more. Giving one person 1 billion dollars, or giving one million people 1,000 each? Which do you think would produce more spending?



Speaking of cars. I suggest you see how many cars are bought by the middle class and how many cars are bought by the rich elite.

Auto Sales - Markets Data Center - WSJ.com (http://online.wsj.com/mdc/public/page/2_3022-autosales.html)

Sorry the number is still the same in 2011.

TPC Tax Topics | Who Doesn't Pay Federal Taxes? (http://www.taxpolicycenter.org/taxtopics/federal-taxes-households.cfm)

Did you even bother to find out who that 47% you keep talking about?


More than half are elderly

one-third are nonelderly with income under $20,000

Only about 1 in 20 is nonelderly with income over $20,000


But...the rich elite (not say you are) keep pointing and saying LOOK THESE GUYS AREN"T PAYING TAXES!!

Yeah, let's tax a person who can't even afford to support themselves on less than 20k. That's very smart. :doh:

Now let me address this crap that is constantly spewed. Oh, if the rich people didn't buy all these high priced toys, there would be a lot of people out of a job. Really?

Northern Marine (yatch builder) This is their work force. Look at ALL those jobs...lol
http://www.northernmarine.com/gallery/employment3.jpg

Lazzaro Yatchs. 250 employees
Lazzara Yacht Corporation - Company Profile by Insideview (http://www.insideview.com/directory/lazzara-yacht-corporation)


We can't even count Bentley, Lamborghini, Ferrari, or Lotus because they are all jobs overseas. Even then, they still employ very small numbers in the grand scheme of things.


So exactly where are all these jobs that are created by rich people buying these "toys" you speak of?


Let me ask you a question FD. Which would help the economy out more. Giving one person 1 billion dollars, or giving one million people 1,000 each? Which do you think would produce more spending?



Speaking of cars. I suggest you see how many cars are bought by the middle class and how many cars are bought by the rich elite.

Auto Sales - Markets Data Center - WSJ.com (http://online.wsj.com/mdc/public/page/2_3022-autosales.html)

That's pretty narrow minded thinking only 250 people build those boats. Who builds the motors, electronics, the interior stuff, like toilets, showers, pumps, fittings, etc, etc.... How much of the work is sub contractors and how many people do they employ. Also those are not new boats in that ship yard. Oh, who built that building, paved that surface, ran electrical, plumbing in that building.

I have only scratched the surface of the employees it takes to make those boats float down the river.

That's pretty narrow minded thinking only 250 people build those boats. Who builds the motors, electronics, the interior stuff, like toilets, showers, pumps, fittings, etc, etc.... How much of the work is sub contractors and how many people do they employ. Also those are not new boats in that ship yard. Oh, who built that building, paved that surface, ran electrical, plumbing in that building.

I have only scratched the surface of the employees it takes to make those boats float down the river.


Yeah, and how many of these boats are made per year? Not many, which means the demand for those other parts are VERY low as well. So again, lets not act like the rich create a lot of jobs. They don't.

Also, you have still yet to answer my question, which no doubt you ignored on purpose.

Yeah, and how many of these boats are made per year? Not many, which means the demand for those other parts are VERY low as well. So again, lets not act like the rich create a lot of jobs. They don't.

Also, you have still yet to answer my question, which no doubt you ignored on purpose.
You have never owned a boat I can see. My point was not how many jobs the rich created with their toys it was that Nick Hanauer said the rich do not creat jobs and they do. As for your question I'd say probably giving the thousand to a million people but again your changing my original point I was making.