My personal example shows that now that I am successful enough to have money invested in the market it gives me the chance to make even more money. The part that seems weird to me is that my new income is taxed at a lower rate than what I was paying before. So I am making more money because I already have some money and the govt is taking less percentagewise.
Why Joel is CRAZY - Nearly Half of All Americans Don't Pay Federal Income Taxes
- 23/02/2012 04:43:15 AM
1486 Views
Income taxes are not the only kind of taxes. 86% of Americans pay payroll or income tax.
- 23/02/2012 09:51:50 PM
1051 Views
A not so hypothetical situation...
- 23/02/2012 05:46:44 AM
903 Views
Your paying more money now than then. Lower rate but more money *NM*
- 23/02/2012 07:52:51 AM
535 Views
Why the heck do you think the current tax system is skewed to the rich?
- 23/02/2012 03:18:43 PM
1042 Views
That's a fair question
- 23/02/2012 03:52:08 PM
926 Views
Once again, poor people have no money with which to pay taxes.
- 23/02/2012 06:23:07 AM
1060 Views
50% of America is not "poor" or too poor to pay federal income taxes.....
- 23/02/2012 01:01:24 PM
957 Views
You base that statement on what, exactly? Fervent desire that it be true?
- 25/02/2012 12:43:30 AM
1438 Views
2009 (the year cited for this claim) was an outlier because of temporary tax cuts and the economy.
- 25/02/2012 01:14:01 AM
1211 Views
Interesting, but lacking the data I consider critical; FICA etc. should not be counted, IMHO.
- 25/02/2012 02:10:45 AM
1061 Views
It's a phrasing thing, permits more bullshit
- 25/02/2012 04:41:06 AM
1030 Views
Maybe I am just playing the same game,but I find stats from "the other side" compelling in some ways
- 25/02/2012 10:36:40 AM
1481 Views
You're operating under the same fallacy he does - that people should pay income taxes.
- 23/02/2012 12:05:52 PM
1097 Views
In much the same way
- 23/02/2012 01:40:58 PM
1058 Views
Joel is crazy, but I highly doubt that this is "why"
- 23/02/2012 01:36:37 PM
1086 Views
I see your point, but not how it changes much in the conversation where we discussed that
- 25/02/2012 01:49:29 AM
869 Views
You mention this statistic all the time.
- 23/02/2012 02:16:47 PM
769 Views
Obviously, we are talking about the bottom 50%.....
- 23/02/2012 03:22:43 PM
814 Views
I wonder how much of that statistic is students
- 23/02/2012 02:22:58 PM
1031 Views
The number "paying taxes" should include dependents of those paying
- 23/02/2012 02:39:21 PM
1005 Views
yah I read the link, but apparently I just didn't understand their explanation.
- 23/02/2012 05:40:54 PM
809 Views
Federal taxes
- 23/02/2012 04:18:22 PM
904 Views
Your figures are fairly unrealistic
- 23/02/2012 04:54:44 PM
1096 Views
Not entirely.
- 23/02/2012 06:30:18 PM
846 Views
Yeah I don't normally assume NY as a baseline 
- 23/02/2012 06:41:37 PM
939 Views
- 23/02/2012 06:41:37 PM
939 Views
It probably isn't. We even tax delivery fees, gardening services and other things with sales tax.
- 25/02/2012 07:03:46 PM
897 Views
We don't tax transport of property either 
- 25/02/2012 08:16:53 PM
946 Views
- 25/02/2012 08:16:53 PM
946 Views
Places usually get around it with free delivery. A tax on a $0 item is still $0. *NM*
- 25/02/2012 09:12:22 PM
407 Views
Income taxes are not the only kind of taxes. 86% of Americans pay payroll or income tax.
- 23/02/2012 09:51:50 PM
1051 Views
And give the riff raff a reason to become involved in politics? Are you daft? *NM*
- 24/02/2012 05:04:51 AM
557 Views
25% of america is under 18, that means ~25% of the rest are not working or paid very little
- 25/02/2012 08:17:52 PM
1046 Views