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Re: A not so hypothetical situation... Macharius Send a noteboard - 23/02/2012 02:39:43 PM
Also regarding your article: I don't think it is right that lots of people pay no income taxes, but I also don't think it's right that the super wealthy pay a lower effective rate than me. But given the fact that they do pay a lower rate, do you think it should be increased along with a reform to have more americans at lower income levels actually pay into the system?


Ultra-rich don't even necessarily have to pay any taxes at all. I don't know if this is genuinely true, but it certainly sounds plausible: Steve Jobs had some huge mansion that he didn't actually pay a dime for because it was purchased against the value of his stock assets.

I've also heard it said that all those rock stars/one-hit-wonders/etc are able to get mansions and fleets of cars purchased "against future income".
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Why Joel is CRAZY - Nearly Half of All Americans Don't Pay Federal Income Taxes Anonymous2000 - 23/02/2012 04:43:15 AM 1565 Views
A not so hypothetical situation... wooly - 23/02/2012 05:46:44 AM 977 Views
Your paying more money now than then. Lower rate but more money *NM* Urza - 23/02/2012 07:52:51 AM 562 Views
Accurate statement, but not a justification *NM* wooly - 23/02/2012 03:44:55 PM 461 Views
Re: A not so hypothetical situation... Macharius - 23/02/2012 02:39:43 PM 1072 Views
I don't know much about that. wooly - 23/02/2012 03:53:27 PM 898 Views
Why the heck do you think the current tax system is skewed to the rich? Anonymous2000 - 23/02/2012 03:18:43 PM 1116 Views
That's a fair question wooly - 23/02/2012 03:52:08 PM 1002 Views
Once again, poor people have no money with which to pay taxes. Joel - 23/02/2012 06:23:07 AM 1132 Views
50% of America is not "poor" or too poor to pay federal income taxes..... Anonymous2000 - 23/02/2012 01:01:24 PM 1040 Views
It clearly is, if they're not paying taxes. Macharius - 23/02/2012 02:32:54 PM 988 Views
Regarding the mortgage deduction..... Anonymous2000 - 23/02/2012 03:20:37 PM 1108 Views
You base that statement on what, exactly? Fervent desire that it be true? Joel - 25/02/2012 12:43:30 AM 1517 Views
2009 (the year cited for this claim) was an outlier because of temporary tax cuts and the economy. Dreaded Anomaly - 25/02/2012 01:14:01 AM 1295 Views
Interesting, but lacking the data I consider critical; FICA etc. should not be counted, IMHO. Joel - 25/02/2012 02:10:45 AM 1150 Views
It's a phrasing thing, permits more bullshit Isaac - 25/02/2012 04:41:06 AM 1101 Views
Maybe I am just playing the same game,but I find stats from "the other side" compelling in some ways Joel - 25/02/2012 10:36:40 AM 1573 Views
Well they are compelling in some ways, but they got you again Isaac - 25/02/2012 05:21:34 PM 1015 Views
They both used AGI, so there has to be something else missing. Joel - 27/02/2012 10:07:58 AM 991 Views
You're operating under the same fallacy he does - that people should pay income taxes. Cannoli - 23/02/2012 12:05:52 PM 1166 Views
In much the same way Jacob - 23/02/2012 01:40:58 PM 1129 Views
Same argument re: fallacies Cannoli - 24/02/2012 02:52:17 PM 959 Views
Was meant as a joke reply Jacob - 02/03/2012 06:30:15 PM 1150 Views
Joel is crazy, but I highly doubt that this is "why" Tom - 23/02/2012 01:36:37 PM 1164 Views
HA! HA! Very well played! *NM* Anonymous2000 - 23/02/2012 03:49:35 PM 411 Views
I see your point, but not how it changes much in the conversation where we discussed that Joel - 25/02/2012 01:49:29 AM 946 Views
Joel, get your head out of your ass, if that is possible Tom - 25/02/2012 07:02:34 PM 998 Views
You kiss your momma with that ad hominem? Joel - 27/02/2012 09:11:33 AM 1183 Views
You mention this statistic all the time. Macharius - 23/02/2012 02:16:47 PM 855 Views
Obviously, we are talking about the bottom 50%..... Anonymous2000 - 23/02/2012 03:22:43 PM 886 Views
How do you account for retired folks? Macharius - 23/02/2012 04:18:59 PM 1092 Views
social security isn't taxable either *NM* Jim - 24/02/2012 04:21:21 AM 482 Views
Easy... he doesn't. Dannymac - 25/02/2012 02:56:05 AM 838 Views
I wonder how much of that statistic is students LadyLorraine - 23/02/2012 02:22:58 PM 1104 Views
The number "paying taxes" should include dependents of those paying Floffe - 23/02/2012 02:39:21 PM 1074 Views
yah I read the link, but apparently I just didn't understand their explanation. LadyLorraine - 23/02/2012 05:40:54 PM 884 Views
Federal taxes Aeryn - 23/02/2012 04:18:22 PM 980 Views
Your figures are fairly unrealistic Isaac - 23/02/2012 04:54:44 PM 1172 Views
Not entirely. Tom - 23/02/2012 06:30:18 PM 919 Views
Yeah I don't normally assume NY as a baseline Isaac - 23/02/2012 06:41:37 PM 1003 Views
It probably isn't. We even tax delivery fees, gardening services and other things with sales tax. Tom - 25/02/2012 07:03:46 PM 967 Views
We don't tax transport of property either Isaac - 25/02/2012 08:16:53 PM 1018 Views
Places usually get around it with free delivery. A tax on a $0 item is still $0. *NM* Tom - 25/02/2012 09:12:22 PM 436 Views
On exempting SS income: Joel - 25/02/2012 02:30:43 AM 934 Views
Is there any reason why one should exclude the other? Legolas - 23/02/2012 07:32:09 PM 994 Views
Income taxes are not the only kind of taxes. 86% of Americans pay payroll or income tax. Dreaded Anomaly - 23/02/2012 09:51:50 PM 1132 Views
And give the riff raff a reason to become involved in politics? Are you daft? *NM* Vodalus - 24/02/2012 05:04:51 AM 600 Views
25% of america is under 18, that means ~25% of the rest are not working or paid very little moondog - 25/02/2012 08:17:52 PM 1123 Views
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