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How do you account for retired folks? Macharius Send a noteboard - 23/02/2012 04:18:59 PM
They worked and paid taxes - often at higher rates - for 40-45 years. Their income is now limited to SS and investment distributions, which doesn't necessarily amount to much.

I asked you about this the last time you trotted out this statistic, and I don't recall a response.

You don't have to be poor to not pay income taxes, just not generate [payroll] income.
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Why Joel is CRAZY - Nearly Half of All Americans Don't Pay Federal Income Taxes - 23/02/2012 04:43:15 AM 1487 Views
A not so hypothetical situation... - 23/02/2012 05:46:44 AM 904 Views
Your paying more money now than then. Lower rate but more money *NM* - 23/02/2012 07:52:51 AM 535 Views
Accurate statement, but not a justification *NM* - 23/02/2012 03:44:55 PM 428 Views
Re: A not so hypothetical situation... - 23/02/2012 02:39:43 PM 998 Views
I don't know much about that. - 23/02/2012 03:53:27 PM 832 Views
Why the heck do you think the current tax system is skewed to the rich? - 23/02/2012 03:18:43 PM 1043 Views
That's a fair question - 23/02/2012 03:52:08 PM 926 Views
You're operating under the same fallacy he does - that people should pay income taxes. - 23/02/2012 12:05:52 PM 1098 Views
In much the same way - 23/02/2012 01:40:58 PM 1058 Views
Same argument re: fallacies - 24/02/2012 02:52:17 PM 872 Views
Was meant as a joke reply - 02/03/2012 06:30:15 PM 1081 Views
Joel is crazy, but I highly doubt that this is "why" - 23/02/2012 01:36:37 PM 1087 Views
HA! HA! Very well played! *NM* - 23/02/2012 03:49:35 PM 379 Views
You mention this statistic all the time. - 23/02/2012 02:16:47 PM 770 Views
Obviously, we are talking about the bottom 50%..... - 23/02/2012 03:22:43 PM 815 Views
How do you account for retired folks? - 23/02/2012 04:18:59 PM 1024 Views
social security isn't taxable either *NM* - 24/02/2012 04:21:21 AM 445 Views
Easy... he doesn't. - 25/02/2012 02:56:05 AM 760 Views
I wonder how much of that statistic is students - 23/02/2012 02:22:58 PM 1032 Views
Federal taxes - 23/02/2012 04:18:22 PM 904 Views
Your figures are fairly unrealistic - 23/02/2012 04:54:44 PM 1097 Views
Not entirely. - 23/02/2012 06:30:18 PM 847 Views
On exempting SS income: - 25/02/2012 02:30:43 AM 849 Views
Is there any reason why one should exclude the other? - 23/02/2012 07:32:09 PM 902 Views

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