BASIC ECONOMICS FOR THE RETARDS - About deficits

Cypress said:
Your state doesn't have gasoline tax, sales tax, property tax, excise tax, and payroll tax???

What kind of magical, NeoCon paradise do you live in??????
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All those taxes are increasing. Where is this "tax cut" again??? Onzies said Obama cut our taxes, but that was apparently JUST the income taxes... a bunch of us don't have an income anymore because we don't have jobs, so is this the tax cuts he promised? With regard to gas, sales, property, excise, payroll, ad valorem, and the soon to be added "carbon-offset" tax and healthcare benefits taxes, we are all paying considerably MORE in taxes.
 
Dixie said:
All those taxes are increasing. Where is this "tax cut" again??? Onzies said Obama cut our taxes, but that was apparently JUST the income taxes... a bunch of us don't have an income anymore because we don't have jobs, so is this the tax cuts he promised? With regard to gas, sales, property, excise, payroll, ad valorem, and the soon to be added "carbon-offset" tax and healthcare benefits taxes, we are all paying considerably MORE in taxes.
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Well which one is it?

You said "most" people making under 200k don't pay taxes.

Are you going to admit you were wrong?
 
Dixie said:
No, most people under 200k don't pay taxes, they get a tax credit. I'm not wrong, you are.
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actually you may have trouble supporting the claim with that number.....first of all, around half of all Americans do not pay federal income taxes, but $200k is bringing you up close to the 95% mark, not the 50% mark.....the 50% mark is closer to $35k.....thus around 45% of folks (those earning more than $35k but less than $200k) do pay federal income taxes.....the other 5% (those earning more than $200k) pay the majority of federal income taxes....
 
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PostmodernProphet said:
actually you may have trouble supporting the claim with that number.....first of all, around half of all Americans do not pay federal income taxes, but $200k is bringing you up close to the 95% mark, not the 50% mark.....the 50% mark is closer to $35k.....thus around 45% of folks (those earning more than $35k but less than $200k) do pay federal income taxes.....the other 5% (those earning more than $200k) pay the majority of federal income taxes....
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And of those 45% between $35-200k who DO pay taxes, how many of them qualify for Earned Income Credit? How many of them actually get back MORE than they pay in?
 
Dixie said:
No, most people under 200k don't pay taxes, they get a tax credit. I'm not wrong, you are.
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Dixie must be just at the edge of getting the earned income credit.
As I previously stated I'm well under $200,000 at least last year and I paid prob $16,000 in income taxes. DIXIETARD:eek:
 
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