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re: 40.1 percent of U.S. households pay no income tax
Posted on 8/17/24 at 10:17 am to Wellborn
Posted on 8/17/24 at 10:17 am to Wellborn
How do states not charge income tax? If they can why not the US govt?
You are looking at dividing factors not what the problem is.
You are looking at dividing factors not what the problem is.
This post was edited on 8/17/24 at 10:18 am
0
Posted on 8/17/24 at 10:17 am to Wellborn
1. Abolish the 16th Amendment and have states come up with their own tax policies to fund the federal government
2. Abolish 17th Amendment and let the state legislatures pick US Senators
3. Every state go to the Maine/Nebraska model for EC votes
4. Abolish party primaries for all elections.
4 steps that I think will start the process of getting the boat on the right course.
2. Abolish 17th Amendment and let the state legislatures pick US Senators
3. Every state go to the Maine/Nebraska model for EC votes
4. Abolish party primaries for all elections.
4 steps that I think will start the process of getting the boat on the right course.
Posted on 8/17/24 at 10:22 am to hottub
quote:
2. Abolish 17th Amendment and let the state legislatures pick US Senators
Please elaborate. I’m not seeing the positive in this, but am open for an explanation.
Posted on 8/17/24 at 10:22 am to Wellborn
quote:I've always said, like many on here, that "the rich need to pay their fair share" was bullshite.
The burden of income taxes, in other words, falls almost entirely on the top half of earners and disproportionately on the top 1%
I contend that taxes need to be raised on the bottom 50% including the poor. They generally are the reason so much is spent on education, healthcare, courts, prisons, and handouts.
This post was edited on 8/17/24 at 10:23 am
Posted on 8/17/24 at 10:22 am to Wellborn
quote:
When it's all said and done, the bottom 60% gets paid by the government.
Which, of course, puts this bullsh!t Democrat talking point into perspective ---
quote:
By the time they expire next year, Trump’s tax cuts are projected to have boosted after-tax incomes of the top 1 percent of earners by 3 percent, to an average of $2.1 million. But they barely affect the bottom 60 percent of earners, increasing their 2025 incomes just 1 percent, to $41,800.
More Democrap Lies
Posted on 8/17/24 at 10:23 am to Wellborn
Many real estate professionals pay no income taxes. Should they be barred from voting as well?
Posted on 8/17/24 at 10:27 am to Wellborn
quote:.
40.1 percent of U.S. households pay no income tax
And people, every day, start threads expressing the thought “ Who IN THE HELL is voting for these democrats”?
Posted on 8/17/24 at 10:30 am to LStU
quote:Yes. If you don't pay a net of at least $3000 in federal income tax, excluding Medicare/Medicaid and SS, you don't vote. If you pay no net state income tax, you don't vote in state elections if your state collects income taxes.
Many real estate professionals pay no income taxes. Should they be barred from voting as well?
This post was edited on 8/17/24 at 10:32 am
Posted on 8/17/24 at 10:33 am to Wellborn
quote:
Please elaborate. I’m not seeing the positive in this, but am open for an explanation.
Fundamentally the house represents the people and the senate represents the state interest.
Before 1913 all Senators were selected by the state legislators and sent to DC. Very few incumbents were ever sent back for a 2nd term because the legislators back in the state wanted “their turn” to be in the US Senate. So it was a de facto term limit on the Senate.
The current system is a popularity contest in both chambers. The people are irrational and imo shouldn’t be allowed to control both chambers.
Also, it gives a ton of power back to the states. You could have a US Senator from a rural part of your state vs the vast majority who come from population centers of the various states.
Posted on 8/17/24 at 10:34 am to Wellborn
quote:
When you factor in tax credits, only about half of the households in the US pay any income tax at all. So only 59.9% of households in the US pay any income tax.
When it's all said and done, the bottom 60% gets paid by the government.
And people here don’t think Biden could have won without Democrats cheating. With numbers like that, you’re starting every Presidential race with the Dems probably already getting at least 45-48% of the vote no matter who the candidates are.
Posted on 8/17/24 at 10:36 am to Wellborn
Yet they want, want, want and dog others for NOT paying their share.
The system is unsustainable
Consumer tax - everybody contributes
The system is unsustainable
Consumer tax - everybody contributes
Posted on 8/17/24 at 10:36 am to Wellborn
quote:
40.1 percent of U.S. households pay no income tax
Posted on 8/17/24 at 10:37 am to Wellborn
This is the single best argument for a VAT tax and the elimination of income tax.
Penalize people for what they consume, not what they produce.
Penalize people for what they consume, not what they produce.
Posted on 8/17/24 at 10:38 am to fjlee90
Right on
Posted on 8/17/24 at 10:38 am to hottub
quote:
Also, it gives a ton of power back to the states. You could have a US Senator from a rural part of your state vs the vast majority who come from population centers of the various states.
Great point. Thanks for the explanation.
Posted on 8/17/24 at 10:40 am to Wellborn
quote:
If you don’t pay taxes, you shouldn’t get a vote.
Amen. If takers keep voting themselves more of other people's money, the whole system will collapse.
Posted on 8/17/24 at 10:45 am to Wellborn
quote:
If you don’t pay taxes, you shouldn’t get a vote.
I'll say it. Lot of amendments that should be rolled back. should have to own land to vote in local elections (because that's where your property taxes come from. some yahoo that doesn't own shite shouldn't be able to vote for someone who's going to raise my property taxes when it doesn't cost him shite). should have to be paying income taxes (have a job). shouldn't be a woman (too emotional)
This post was edited on 8/17/24 at 10:47 am
Posted on 8/17/24 at 10:46 am to Wellborn
It’s worse than that 40 % pay no taxes but get additional money from government for not paying. They are also the lion’s share of expenditures going towards the people.
Posted on 8/17/24 at 10:47 am to Wellborn
Since Joe Biden stole the 2020 election, I've paid 628,000 in federal taxes. This has kept me from hiring more people and expanding operations. I personally do ok, but I pay well and a couple young people don't have good jobs that otherwise would.
People not paying taxes makes me irrationally angry, as does the same people parroting "rich people need to pay their fair share"
People not paying taxes makes me irrationally angry, as does the same people parroting "rich people need to pay their fair share"
Posted on 8/17/24 at 10:50 am to Wellborn
And I would guess that of that 40.1% there are 90% + that are receiving Earned Income Credit and getting money back they never paid in
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