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Looking at that chart you linked, I have some questions. Nate Send a noteboard - 18/09/2012 07:05:24 PM
First of all, it really does look like you might be misinterpreting it. Getting a portion of your income taxes back would not put you into "zero or negative income tax" range, because there are still income taxes you paid that you did not get back, above and beyond the income taxes you paid and did get back.

My question is about payroll tax. Is that not a form of federal tax that comes essentially out of a person's income as well? Because the chart says that only 18.1 percent of people have both zero income tax and zero payroll tax (and 27.6 percent that have a zero sum of those two, which I assume means that their negative income tax balances out their payroll taxes). What is the distinction there? Is there a reason why payroll tax is ignored in the 47 percent number? I honestly do not know how payroll taxes work.
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what does it mean to "pay no federal income tax"? - 18/09/2012 06:30:28 PM 961 Views
Wrong - 18/09/2012 06:37:07 PM 533 Views
Additional categories - 18/09/2012 06:51:46 PM 624 Views
SS income is very much taxed, my friend - 18/09/2012 06:59:28 PM 502 Views
Re: SS income is very much taxed, my friend - 18/09/2012 07:22:35 PM 500 Views
The wealthy get their income from investments - 18/09/2012 07:33:55 PM 572 Views
ok - 19/09/2012 05:46:49 AM 605 Views
Is that true? - 18/09/2012 06:54:33 PM 548 Views
No, it's not. See my post (you should really have read it first ) *NM* - 18/09/2012 07:00:07 PM 213 Views
No - 18/09/2012 06:56:43 PM 524 Views
Looking at that chart you linked, I have some questions. - 18/09/2012 07:05:24 PM 500 Views
Payroll taxes are for Social Security and Medicare/Medicaid - 18/09/2012 07:11:57 PM 483 Views
While we're talking about taxes, am I the only one who doesn't give a rat's ass about Romney's? - 18/09/2012 10:37:12 PM 487 Views
That sort of thing does matter to me - 18/09/2012 10:48:30 PM 456 Views
Ah, yeah, not so much for me. - 18/09/2012 11:16:56 PM 429 Views
You gave that away with your first post - 18/09/2012 11:49:28 PM 412 Views
No way! - 19/09/2012 01:41:04 PM 452 Views
Yuh huh! - 19/09/2012 08:56:01 PM 479 Views
As an outside observer ... - 19/09/2012 01:28:13 AM 502 Views
Re: As an outside observer ... - 19/09/2012 04:45:11 AM 455 Views
the question of legality has already been covered by the offshore accounts though.... - 19/09/2012 05:44:28 AM 485 Views
Different situation then the Birther stuff - 19/09/2012 07:02:09 AM 429 Views
It's a conflict of interest. - 21/09/2012 09:52:58 PM 434 Views
I think you got it wrong: - 19/09/2012 01:52:30 AM 444 Views
+1 - you are correct, moondog screwed the pooch with this post. *NM* - 19/09/2012 05:18:19 AM 199 Views
Easier to read/understand - WSJ data on the 47% - 19/09/2012 05:25:01 AM 593 Views

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