47% will pay no federal income tax

#26
#26
DC pols/lobbyists are all about control and power. I doubt that we'll ever get that back from them.
 
#28
#28
so a family of 4 living off $20k must pay $2k to the gov't? There has to be a line where the 10% starts. Saying no exceptions won't cut it

They probably pay more than that in sales tax already. 10% straight across the board, no sales tax, or other taxes, they come out ahead.
 
#29
#29
so a family of 4 living off $20k must pay $2k to the gov't? There has to be a line where the 10% starts. Saying no exceptions won't cut it
why the exception? It's not like they aren't using government provided services.

I get your point, but exceptions are the start of another increasingly slippery slope.
 
#30
#30
so the more money you make, the more you have to pay in on taxes? why?? that's not fair at all.
 
#31
#31
so a family of 4 living off $20k must pay $2k to the gov't? There has to be a line where the 10% starts. Saying no exceptions won't cut it

so when is it enough money to start taxing? $40K? $80K? shouldn't there be a cost a living impact too?
 
#32
#32
so when is it enough money to start taxing? $40K? $80K? shouldn't there be a cost a living impact too?

I don't know, that's for economists who spent their weekends in the library instead of being drunk watching the Vols to figure out. I do know that a 10% tax on every person in the US just wouldn't work
 
#33
#33
I don't know, that's for economists who spent their weekends in the library instead of being drunk watching the Vols to figure out. I do know that a 10% tax on every person in the US just wouldn't work
It works as a policy, it's just not enforceable at a certain level. Who cares? When that level creeps high enough for the money to matter, we can assign some folks to start paying attention to it.
 
#34
#34
I don't know, that's for economists who spent their weekends in the library instead of being drunk watching the Vols to figure out. I do know that a 10% tax on every person in the US just wouldn't work

I did say the word "example" for 10%. But if every person in the US paid, we would have all the money this country needed.
 
#35
#35
i'd also love to know what % of people reporting $20K a year are making that same amount at least under the table or illegally.
 
#37
#37
i'd also love to know what % of people reporting $20K a year are making that same amount at least under the table or illegally.

There are alot of business' around here that only take cash for their services, auto mechanics, lawn care, even a few vets.
 
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