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Started By
Message
re: 57% of U.S. households paid no federal income tax last year
Posted on 3/25/22 at 9:44 am to djmed
Posted on 3/25/22 at 9:44 am to djmed
61% paid no income tax in 2020. Nobody pays taxes
That's why most people laugh when people say the rich don't pay their fair share.
This is only temporary though due to the increased child care tax credit.
Right now a family of 4 with 100k combined income can not only pay 0 taxes, but would be owed a refund.
That's why most people laugh when people say the rich don't pay their fair share.
This is only temporary though due to the increased child care tax credit.
Right now a family of 4 with 100k combined income can not only pay 0 taxes, but would be owed a refund.
This post was edited on 3/25/22 at 7:53 pm
0
Posted on 3/25/22 at 9:45 am to Zach
My guess is 30-40%.
If you have kids and are below a certain income as an individual or between you and your spouse, the EITC is fricking huge.
If you have kids and are below a certain income as an individual or between you and your spouse, the EITC is fricking huge.
Posted on 3/25/22 at 9:46 am to WildTchoupitoulas
No federal taxes while also drawing SNAP, WIC, Section 8, Medicare, Obamaphones, and about 50 other programs which effectively boost your income by thousands is definitely “no skin in the game”.
Posted on 3/25/22 at 9:47 am to teke184
quote:
How much of that is because one or both spouses are unemployed?
Ya, had my wife been un-married, she'd be one not paying taxes. She is a message therapist and her business was killed by government mandates related to Covid.
We all still got fricking Covid anyway, so all the government managed to do with these mandates was kill business.
Posted on 3/25/22 at 9:52 am to djmed
We didn't pay any, but we also didn't receive a dime of government money.
Posted on 3/25/22 at 9:52 am to geauxturbo
quote:
She is a message therapist
Interesting career
Posted on 3/25/22 at 9:53 am to djmed
quote:
57% of U.S. households paid no federal income tax last year as Covid took a toll, study says
That is such a misleading statement. If you had FICA withheld from your paycheck, you paid taxes, regardless of whether or not you got a refund for OVERPAYMENT.
Posted on 3/25/22 at 9:54 am to bamarep
quote:
It should be 100%.
I agree. Until such time it should be 0%, though, at least accounting for everyone earning income.
Posted on 3/25/22 at 9:54 am to geauxturbo
quote:
She is a message therapist
She should be able to make a killing on twitter, or whatever.
Posted on 3/25/22 at 9:54 am to geauxturbo
quote:
She is a massage therapist and her business was killed by government mandates related to Covid.
Yours too?
My wife's business took almost $70,000 in losses last year due to mandates.
Posted on 3/25/22 at 9:56 am to teke184
quote:
No federal taxes while also drawing SNAP, WIC, Section 8, Medicare, Obamaphones, and about 50 other programs which effectively boost your income by thousands is definitely “no skin in the game”.
Wrong.
Being in the jurisdiction of US, State and local laws means you have skin in the game.
Participating in the economy means you have skin in the game.
Being registered for selective service means you have skin in the game.
Putting your dick in a woman means you have skin in the game.
Paying federal income taxes means you pay federal income taxes.
Quit trying to use cute cliches that you read on the internets.
Posted on 3/25/22 at 9:56 am to djmed
So this is the first year my wife and I have been married for tax purposes.
Not so subtle brag, I make significantly more than her ex husband. At our tax consultation, she was completely red pilled. When she was surprised by how much we paid in income tax our accountant handed her an 'I did that' sticker. Clever fricker.
Not so subtle brag, I make significantly more than her ex husband. At our tax consultation, she was completely red pilled. When she was surprised by how much we paid in income tax our accountant handed her an 'I did that' sticker. Clever fricker.
Posted on 3/25/22 at 9:57 am to djmed
Meanwhile, I paid more in federal income tax last year than I made my first year out of college.
Now, I suppose you could take that as a subtle brag. But I remember how I felt when I got my first real job and thought that was a lot of money.
Now I’m giving away more than I brought home. Damn.
Now, I suppose you could take that as a subtle brag. But I remember how I felt when I got my first real job and thought that was a lot of money.
Now I’m giving away more than I brought home. Damn.
Posted on 3/25/22 at 9:58 am to WildTchoupitoulas
If you are on the government tit for thousands of dollars in excess of what you pay in, you don’t have skin in the game just for existing in this country.
Posted on 3/25/22 at 10:00 am to djmed
I have paid plenty of taxes over the years but we may have been in this number. I am no longer working full time to go back to school and we have 2 kids. The kids got extra money from whatever that tax credit was, I got Cares money from my school plus the stimulus, however many of those we had. We wouldn't have qualified for the kids tax credit in previous years so I am not too familiar with how it works, we barely qualified for it last year.
Posted on 3/25/22 at 10:00 am to djmed
quote:Ah see .... last year the number was 61%. We're doing sooo much better!
57% of U.S. households paid no federal income tax last year
fair share? skin in the game?
Posted on 3/25/22 at 10:03 am to teke184
quote:
If you are on the government tit for thousands of dollars in excess of what you pay in, you don’t have skin in the game just for existing in this country.
That's actually incorrect. I've already listed some things that give you skin in the game that don't involve federal income taxes.
If the federal government can draft me or incarcerate me, I definitely have skin in the game.
Or do you think only federal income tax payers should have to register with Selective Service?
Posted on 3/25/22 at 10:03 am to stout
quote:
Our Government is no longer tax payer funded anyway. We just print what we need.
Bro that’s still funded by the tax payer lol
Posted on 3/25/22 at 10:06 am to djmed
3 pillars of our society relative to voting should be:
1. Had to have paid federal income tax the previous year
2. Be a landowner
3. IQ above a demented potato
1. Had to have paid federal income tax the previous year
2. Be a landowner
3. IQ above a demented potato
Posted on 3/25/22 at 10:06 am to djmed
You don’t pay taxes, then you don’t get a vote.
Why should a leech get a say in how the tax dollars are spent if they are a taker, not a contributor?
Why should a leech get a say in how the tax dollars are spent if they are a taker, not a contributor?
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