That's right, boys! 47% of our populace pay ZERO income tax for 2009.....FUK'N ZERO!!

Sounds like 53% of us carry the load. Hell we should pay more, so more could ride for nothing.

You deadbeats can follow your own dream.....but do it on your own damn nickel, OK?

And I'll betcha some of that 47% makes more annually than I do.

Probably do Harley. I had freind with 3 kids complaining about how much taxes were. He was a teacher and from what I could calculate he probably was qualifying for the tax credit. But hey, why let facts get in the way. We all pay way to much and the welfare queens and democrats are the reason. Right.

The MSNBC story stated that 73% of the TOTAL income tax collected by the fed was paid by those households who make over roughly $350,000 a year.......

Yeah, the rich skirt their taxes alright

I wanna pay taxes like Oprah does.

my goal is to pay a million in taxes

Not exactly free (but why bother with details and pesky facts), it turns out they in fact do pay:

* Payroll taxes on their wages (trust me, I pay these on my employees)
* Social Security
* Medicare

I'm not here to defend or attack our tax system, I'm here to point out the "Ride for FREE" message is a nice sound-bite, except for the fact that its wrong.

Well I just paid a ton, hope that helps someone get something real nice.

Wanna be outraged? Check what the top 25% in income corporations in American pay in taxes.

Collect on them, and you'd see that the income taxes paid by individuals are carrying the weight for the whole country, while hundreds of billions of dollars go untaxed...

'Course, that's the American way.

Fish on...

Todd

If we don't tax them they move operations to other countries anyway. I work for an American manufacture and there is in no tax relief for us, nor incentive to keep operations in the US, but I guess that is only for the top 25%. The way it stands right now, we are actually encouraged to take operations overseas when you look at the overhead involved in being a US manufacture.


Why would a flat tax not work?

"The American way is if we tax them, they move more operations to other countries and we lose more jobs that pay the current taxes. "

yeah but then we should treat them like foreign entities doing bus in the US and not as US corps....or traitors. Whichever.

I pay a ton all year long and then again at year end. If you do things the way you are supposed to...live within your means and don't splurge then you don't qualify for breaks.

Here's how the rich pay less than you or I. Say I own 1 million shares of a stock that pays a dollar dividend every year. That's $1 million a year taxed at 15% less all of the loop holes for yachts, vacation homes, etc and I'm getting a fat refund. Replace the above with stock options cashed in after a year....long term gain = 15%. Why do you think CEO's are being so kind in forgoing their bonuses during these "tough times"? Look at the annual report. They are getting more stock options. Better for tax purposes and, the stock price being down at the moment, even more lucrative in the long run.

"Why would a flat tax not work?"

I'm for it but it needs to be no deductions and that means all of these artificially propped up industries go bye bye like real estate, mega yachts, etc.

"I "avoid" taxes on income of 22.5K annually for contributions to my 401K."

Of course. Only don't count on it being that much of a break given GW's debt. It may turn out it was better to pay the current tax rate.

Hey Aunty,

What's changed in your tax rate for 2009 as opposed to 2008?

What new Federal taxes are you paying now that you weren't before?

Saying that 47% of American citizens are freeloaders is nothing but a right-wing talking point spouted by the dupes of corporate America... who clearly have no understanding whatsoever of how the tax system in this country works.

A flat tax with no deductions is another absolutely BAD idea for the average middle-class American family. WHY should everybody pay the same rate when we don't all use the Commons equally?

If we had a flat tax... you wouldn't have ANY deductions Chuck... no mortgage interest, medical, sales, excise and property taxes... nuthin'!

Take the extra thousand and put it in your 401(k) or Traditional IRA instead.

Flat tax no deductions applies to corp america as well. A simple percentage of income which includes interest, capital gains, etc. it would also save billions via the IRS. Deductions are taken when paid just like on a paycheck. No other income at year end no need to file. We'd end up paying a lot less taxes IMO. A consumption tax tends to create black markets.

What are "the Commons"?

You know Marz,........it's that big open area we all used to eat lunch at in high school

What about all of the taxes paid by the employees of said corporations, if they take more money from the corps then we get lower wages and less taxes collected.

Wouldn't that mean poor people should pay a [censored] load and rich people very little based on their use of the commons?