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To: Blood of Tyrants

The top 25% of incomes pay 86% of federal income taxes.
The bottom 50% basically none, the bottom 20% are actually making money (via EITC).


11 posted on 04/08/2015 2:12:08 PM PDT by nascarnation (Impeach, convict, deport)
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To: nascarnation

The bottom 40% receive a refund in excess of what they paid in income taxes.


14 posted on 04/08/2015 2:13:29 PM PDT by Blood of Tyrants (True followers of Christ emulate Christ. True followers of Mohammed emulate Mohammed.)
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To: nascarnation

My wife’s friend has a family income of about $25,000 for a family of four. She doesn’t work, and the husband completed trade school, but won’t seek better employment. They get the usual dollop of government goodies each month and always complain about how tight money is.

I fumed a couple of years ago when she mentioned they purchased a $5,000 camera with their $12,000 tax refund due to education credits, etc. They were eating at our house and complaining, so I asked how they got so much when they didn’t pay any in. They ended up leaving pretty quickly and didn’t come over again, although my wife maintained the friendship.


34 posted on 04/08/2015 5:00:09 PM PDT by Dexter Morgan (Everyone hides who they are.)
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