Half don't pay taxes

Gonz

Gonz

molṑn labé
Staff member
In recent years, credits for low- and middle-income families have grown so much that a family of four making as much as $50,000 will owe no federal income tax for 2009, as long as there are two children younger than 17.

The bottom 40 percent, on average, make a profit from the federal income tax, meaning they get more money in tax credits than they would otherwise owe in taxes. For those people, the government sends them a payment.
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DAMN G.W.!!!

The federal income tax is the government's largest source of revenue, raising more than $900 billion -- or a little less than half of all government receipts -- in the budget year that ended last Sept. 30. But with deductions and credits, especially for families with children, there have long been people who don't pay it, mainly lower-income families.

The result is a tax system that exempts almost half the country from paying for programs that benefit everyone, including national defense, public safety, infrastructure and education. It is a system in which the top 10 percent of earners -- households making an average of $366,400 in 2006 -- paid about 73 percent of the income taxes collected by the federal government.
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AP
 
I have to question the numbers at this point.
They haven't even got an accurate head count yet.

Sheesh, I'm low income, on SS, and even I pay taxes.
 
Half don't pay taxes? You Lie!

No Gonz he collects it.
When the VAT tax gets slapped on
we will be taxed at a 70% rate.
That should be enough to have reached European style socialism
The only thing left is to disarm the American populace.
I have faith the 'yes we can' destroy America crowd can get this done for us.
 
By 2014 we will have reached a tipping point
go over the edge and drag the rest of the world
down right along with us. Cat you’ll be fine
when the checks stop.
 
I have a contingency plan.
The eldest God-son (nephew) is 16...17 in Dec.
:D

Mom and I share the house payment my dad left us with.
She draws SS because of her age. Just started 2-3 years ago shortly
after my dad died.
If she loses hers, or kicks the bucket, it'll be tough, but...
I'm a surviver. I'll do what I HAVE to do.
As long as my upper body strength holds up, I can drag myself.
With Obamas plan though, I could probably load up on pain meds.
 
Half don't pay taxes, the other half are broke.

a tent a cot and a full on soup kitchen
I'm reserving my place now!
 
Reagan's Grace Commission found:

"Resistance to additional income taxes would be even more widespread if people were aware that:

One-third of all their taxes is consumed by waste and inefficiency in the Federal Government as we identified in our survey.

Another one-third of all their taxes escapes collection from others as the underground economy blossoms in direct proportion to tax increases and places even more pressure on law abiding taxpayers, promoting still more underground economy -- a vicious cycle that must be broken.

With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government."​
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Prior to World War II, no one outside the government paid income tax; the people were, and understood themselves to be, immune from that tax. During WWII, Congress passed the Victory Tax (56 Stat. 884) to impose an income tax on every individual in The United States of America, something which had not been done by any previous income tax act. Excepted from that tax were those already paying income taxes per I.R.C. 211(a) - nonresident alien individuals with no United States business or office but living in a "contiguous country" and having income from United States sources.

Because the Victory Tax, a wartime measure, was imposed on individuals in the states of the union (and not countries such as Canada or Mexico), those already taxed by section 211(a) had to be excepted from the Victory Tax or they would be taxed twice. This suggests that the nonresident alien individuals living in "contiguous countries" were in fact living in states such as Virginia and Maryland - being outside the United States (District of Columbia).

The Victory Tax was repealed by section 6 of Income Tax Act of 1944, which in amending the I.R.C. includes the states of the union in the terms "certain foreign countries" (section 6 (b)(3)) and "foreign countries and possessions of the United States" (section 6 (b)(4)). This restored the scope of income taxation to what it had been prior to the Victory Tax, as not including individuals in the states of the union.

The states of the union are then seen to be included in the terms "contiguous countries", "certain foreign countries" and "foreign countries and possessions of the United States". This shows that every state of the union is foreign to the United States. Those taxed under I.R.C. 211(a) must then be those living in a state of the union and working for government or one of its agencies - drawing income from "sources within the United States".

But because Congress failed to make it generally known that the Victory Tax was no longer in effect, people did not know to discontinue the withholding begun for the Victory Tax. One was then considered as being a volunteer in paying income tax.

The scope of the I.R.C. never targeted all individuals in the union. Only for a brief period, and under war powers, were all individuals made subject to taxation of income. The repeal of the Victory Tax means the scope of what is taxed was restored to its original intent, and individuals in the states of the union do not have to pay taxes on their incomes. And as the Victory Tax was the only act to have levied any such tax, the scope of taxation has never again expanded to include the whole of The United States of America.
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