45% of Americans pay no federal income tax
 

A few interesting points:
+ Roughly half pay no federal income tax because they have no taxable income, and the other roughly half get enough tax breaks to erase their tax liability
+ The top 1% of taxpayers pay a higher effective income-tax rate than any other group â?? nearly seven times higher than those in the bottom 50%.
+ Meanwhile, the richest 20% of Americans, by far, pay the most in income taxes, forking over nearly 87% of all the income tax collected by Uncle Sam.

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45% of Americans pay no federal income tax

Yet the bottom 20% still bitches.

Upper middle class will be a thing of the past, sooner then later.
Fun check to right "Fuck You" in the memo every year thou ;)

wish i paid no fed income taxes

Yet the 47 percenters bitch that "rich do not pay taxes" :1orglaugh
Clown leftards...

Write.....lol

Ironically, those 45% do 95% of the bitching about how unfair taxes are.

Where are crockett, bronc67, and ********** to refute this travesty of justice and PROVE to all of you that only the poor and homeless pay taxes while the rich kick back and pay nothing.

Windy night? Duct taping? I hear it works wonders on the electric bills.......

It should be that way. If you are some dumbass that makes 10K a year what do they expect them to pay? If you make billions and pay even 100 million in taxes of course that amounts to more than 100 million people that pay nothing.
You can say 1 person pays more tax than half of the United States combined.
The bottom 50%
What is your point?
The point should be to get the bottom 50% something to do and stop sucking the tit

Not only rich pay more in absolute numbers, but they also pay the higher tax RATE (as in percentage from their income).

Point - to display how foolish all those lefties and libbies are claiming that rich don't pay taxes etc, as in:

etc etc

I for one can't wait for the total annihilation of the middle class.

There should be 2 classes. Rich and poor


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:1orglaugh:1orglaugh:thumbsup

Wow, I actually agree with you

Agree on what?

Lefties, libbies and leechers were bitching that "rich don't pay taxes" etc etc.
OP just debunks those stupid talks. What exactly are you agreeing with? :1orglaugh

Because the 1% sent their jobs to the Third World. https://gfy.com/20738120-post11.html

Bring back the jobs and the 45% would be happy to pay taxes.

Why does some dumbass make $10K a year? Because the job he used to do is now done by a Third World guy on $5k a year. Who moved those jobs there? The guys making billions.

The problem is the circulation of money inside the country. Our customers, those with enough disposable income to afford a $50 a month on a product. Are a dying breed. This puts the whole retail chain, apart from the essentials into jeopardy. "Walmart" sales climb, while "Saks Fifth Avenue" drop. Because more people can only afford Walmart prices.

We're seeing this as the lower and middle-class incomes buy less and less. And that's those posting that this is great.

While we can still afford to change our Chinese made iPhone or clothes at a rate where disposing them is a real problem.

They always seen the news about someone like Gates getting a 1 Billion dollar tax credit for what ever and think he pays nothing.

Then they bitch they dont get the same.

What is the point.

You would rather be a dependent broke-dick and pay no taxes?

Hypothetically, I would love to have an annual AGI of $3 Million and get to keep $1.8 Million of it. Note I said AGI -- that is after my deductions and don't forget lower tax rates for my capital gains and other sheltered income. That would be real tough ... Not to say anything of my corporate structure, salary, benefits, pension plans, car, yacht, First Class 'business travel' and lodging expenses, yada, yada ...

guy making $10k/year would say the same thing...

"Hypothetically, I would love to have an annual AGI of $50k/year and get to keep $30k of it."

Why did you pick $3M? not $100k? or 50k? If reasoning is sound at $3M, it should be just as valid at $50k....

Meanwhile Squealer continues to recuperate from the stroke he had over the prospect of paying 25 cents more for his daily McFlopWhopper because of minimum wage increase proposals.




Gotta love the logic circulating about GFY.

It is not a leftie righty thing. You have to tax the people with the income. The rich used to pay 90% in the US. These were some of the best years in US history for our economy. The leftie righty thing is do they pay enough.

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Most of the guys making $10k a year would love to have a job.

With 45% not earning enough to pay taxes. How does the Republican Party survive?

The answer to that is simple. They won't, no matter how much big business spends to buy politicians. Eventually, the people will realise politicians who only think of themselves won't be able to win enough seats.

Trump is winning because he's saying no more wars, migrants, Chinese Imports, etc. If he can tag on Healthcare, better education and more jobs. He will win. Then his problem will be all the others trying to stop him.

Obama won on a message of hope for the lower earning sector. What's the message of hope from Rubio and Cruz. That's believable by this 45%?

You know federal taxes aren't the only taxes people pay.

Individual income tax, payroll tax, corporate tax, excise tax, property tax, sales tax, license tax, etc.

Picking just one can skew the results so you can make whatever point you want.

I say we just stop taxing the people that pay taxes now and start taxing the people who pay no taxes. How you like that granny???

I don't agree, right-wing politicians tend to be "pro-business"... meaning, they are for creating conditions conducive for business, for thriving economy, etc... many find that position appealing... certainly more appealing than what democrats are proposing... what are left-wing candidates proposing to help the economy?

increase taxes? increase minimum wage? increase business regulation? even someone with most basic understanding of economics will realize that all these make it harder and more expensive to hire people = MORE people unemployed...

I was not agreeing with anything. Just saying what was already said.

Pull your head out of your ass and stop trying to compare everything to your dying business. I was doing the math to show what was already said. Don't try to make it into some bullshit from your warped mind.

illegal immigrants... suck the state dry.

Only a naive and selfish member of that 45% who pay no taxes and who has never owned and operated a business of any real size would attempt to argue that significantly increasing costs to a business, particularly ones that have been struggling for almost a decade, is not a big deal.

Only an idiot with no argument would address facts by making one up and acting as if its a valid point that refuted everything that was said.

Keep it up genius. Now you can move on to curing cancer and stopping world hunger when your not busy defending that notorious liar and thief, thebutcher.

Dont you get it? Every American should be making 150k a year just because... Your alive, so therefore you are important.

no one has it harder than a middle class white man in the west.

So 22% of employable Americans make ~$12,000 a year or less.

I don't know how that can be...since over 37 percent of employable Americans are unemployed:
Bureau of Labor Statistics Data

i was just going by the OP numbers. it claims half of that 45% of Americans who don't pay income tax don't make enough taxable income to pay, which is ~$12k if i recall correctly. 22% doesn't seem bad to me, part timers, seasonals, ditch diggers,fry cooks, unemployed, etc.

You are missing out on the top .01% who often pay 15% or less.
Carried interest loopholes, offshoring wealth, tax sheltered trust funders....
Romney and Buffett famously pay lower percentages than their secretaries.

The tax rate percentage is a completely meaningless number until all income is included in it. Eliminate the loopholes entirely. Use a flat tax and a national sales tax with ONE exclusion of 50,000 dollars for all taxpayers (whether your income is 30K or 200B).

The only reason it isn't done is the accountant and lawyer lobby along with the .01% who are gaming the current system to death.

Yet, the "right-wing politicians" always fail to create an environment conducive for business, unless you mean multi-national corporations and wall street speculators, which isn't reflective or helpful to the economy as a whole at all.

The minimum wage, for example, always helps the economy.. despite the doom and gloom the right throws out every time the issue comes up, the country doesn't implode and there aren't bread lines on every street corner. In fact, quite the opposite happens every single time. They throw around words like inflation not understanding what they mean amongst others. It's cute.

The "right" is for maintaining the status quo, or, as is the case with the Tea Party, extremely reactionary politics. That's the very definition of being "conservative" - don't change shit, don't think, just keep everything the same, or in the case of the reactionaries, dismantle everything and try to blame it on some evil entity.

Also, a big "part" of the Democratic party as a whole is heavily investing into infrastructure and other projects to maintain the country, which creates thousands of well paying jobs in many areas. For example, the EPA is about to clean up all the lead mines around here - it's an estimated 4 year project. They'll be hiring, locally, for positions starting at $30 / hr with full benefits and guaranteed overtime. My business partner owns a few bars and is considering opening one up near the old mines to make some easy cash for the next 4 years - he will hire about 10 people to work there. Pretty anti-business of the government, though, right?

I'm all for average joe having more disposable income, less healthcare costs, better medical care, and less huge corporation, more small / medium sized businesses. That means more time and money for people to spend on my businesses instead of working a 2nd or 3rd job to help pay for their kid's freak bike accident and the hospital bills as a result of it.

But keep telling yourself whatever you want to.

We have this discussion every year. The rich do not pay taxes - or at lest not their fair share.

It's very simple. Someone who works in an office who makes $45k a year gets their W2 form, does the 1040ez, maybe writes off their mortgage if they have one. However, a businessman has a business and writes off everything.

The above coming from a guy who stated he took his wife to breakfast/lunch everyday and wrote it off.

(which btw isn't legal)


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it states in the OP article that::::::

Rich people pay nearly 87% of all federal individual income tax in America

Income level Share of total federal individual income tax paid Average income tax bill per person

Lowest 20% -2.2% -$643

Second lowest 20% -1.7% -$621

Middle Income 4.2% $1,743

Second richest 20% 12.9% $6,285

Richest 20% 86.8% $50,176

Source: Tax Policy Center

45% of Americans pay no federal income tax