47% Will Pay No Federal Income Tax

[firstdown]

Wow, no wonder why we have such high debt. I knew the number was high but with this economy and Obama giving people more tax breaks the number has jumped 10%. Some of these 47% will not only pay no taxes they will get a refund. So for the ones down on your luck I hope you find a job and get back on your feet. For the lazy ass bums that always sit around on your ass a big FU.

47% of households owe no tax - and their ranks are growing - Sep. 30, 2009

[Trample the Elderly]

Don't forget the illegal aleins who not only don't pay taxes, they also send their money back to Mexico, and shack up 30 deep in a 600$ apartment.

[FRPLG]

Remember..you like tax cuts. This is the result.

[MTK]

Yeah I thought you guys liked stuff like this? I thought TTE wasn't planning on paying taxes anymore??

[over the mountain]

Originally Posted by Trample the Elderly

Don't forget the illegal aleins who not only don't pay taxes, they also send their money back to Mexico, and shack up 30 deep in a 600$ apartment.

yeah those bastards got it made.

[JoeRedskin]

Originally Posted by Trample the Elderly

Don't forget the illegal aleins who not only don't pay taxes, they also send their money back to Mexico, and shack up 30 deep in a 600$ apartment.

Yeah dammit! We better get some government investigators checking these guys out to make we get proper income reporting and to penalize the employers who are jacking the system.

Oh wait, that would require tax dollars, regulation of the free market, government intrusion.... Aren't we against that?

[firstdown]

Originally Posted by FRPLG

Remember..you like tax cuts. This is the result.

Yea, for people actually paying taxes.

[firstdown]

So to you leberals you really have no problem that 47% of the people living here don't pay any federal taxes?

[Trample the Elderly]

Originally Posted by Mattyk

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?

[dmek25]

Originally Posted by firstdown

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?

[saden1]

LOL...Who's tax policy is in effect?

[Chico23231]

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

[tryfuhl]

Originally Posted by FRPLG

Remember..you like tax cuts. This is the result.

Exactly. Why is this a bad thing now?

[firstdown]

Nearly 22% of those making between $50,000 and $75,000 end up with no federal income tax liability or negative liability as do 9% of households with incomes between $75,000 and $100,000.

Now could someone explain to me how they can have this income and pay nothing and maybe receive a tax credit?

[Schneed10]

Originally Posted by saden1

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.