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I.R.S. Says Americans' Income Shrank for 2 Consecutive Years
The New York Times ^
| July 29, 2004
| DAVID CAY JOHNSTON
Posted on 07/29/2004 6:21:43 AM PDT by FoxPro
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Every morning I get up and my in-box is filled with resumes replies that start "Thank you for submitting your resume to XYZ Corporation. Due to the high volume of resumes received.......
1
posted on
07/29/2004 6:21:46 AM PDT
by
FoxPro
To: FoxPro
Maybe the overall tax revenue would increase if 32,000 Georgia state employess wouldn't have "neglected" to file tax returns. I wonder how many liberals didn't pay their fair share of taxes in '03?
2
posted on
07/29/2004 6:26:35 AM PDT
by
Flightdeck
(Procrastinate later)
To: FoxPro
3 years of recession will lead to income shrinkages and fewer jobs... thanks again Bill.
3
posted on
07/29/2004 6:27:24 AM PDT
by
theDentist
("John Kerry changes positions more often than a Nevada prostitute.")
To: FoxPro
"Every morning I get up and my in-box is filled with resumes replies that start "Thank you for submitting your resume to XYZ Corporation. Due to the high volume of resumes received....... That's funny, I find just the opposite to be true.
4
posted on
07/29/2004 6:28:10 AM PDT
by
Larry381
(The Democratic Party-Celebrating 60 years of aid and comfort to America's enemies)
To: FoxPro
WEll at least he CEOs are taking care of themselves with an average of a 15% pay raise in the last year.
5
posted on
07/29/2004 6:28:16 AM PDT
by
SengirV
To: FoxPro
6
posted on
07/29/2004 6:28:29 AM PDT
by
OESY
To: FoxPro
I think this is BS...more people are not filing and the irs can't keep up.
FMCDH(BITS)
7
posted on
07/29/2004 6:30:22 AM PDT
by
nothingnew
(KERRY: "If at first you don't deceive, lie, lie again!")
To: FoxPro
MAYBE, just maybe....it's because American's are reporting LESS INCOME due to tax abuse??????
8
posted on
07/29/2004 6:30:47 AM PDT
by
goodnesswins
(Tonight, I think I convinced a 19 year old woman to vote REPUBLICAN...YIPPEE. 7/26/04)
Comment #9 Removed by Moderator
To: OESY
Wow the middle class actually gained, while the really rich declined.
Of course you would never see a headline from the NYT, "Middle class gains in income".
10
posted on
07/29/2004 6:33:03 AM PDT
by
Dane
(Trial lawyers are the tapeworms to wealth creating society)
To: OESY
Wait, the last column of that graph says that rich got poorer and the poor got richer in 2000-2002. The 'Rats should be dancing in the streets about this economy - it's what they've been demanding for 75 years.
11
posted on
07/29/2004 6:36:58 AM PDT
by
KarlInOhio
(Sandy, is that a top secret document in your pants or are you just happy to see me?)
To: goodnesswins
Did they adjust for the Bush tax cuts? I'm sure that had a negative effect on the IRS's bottom line.
12
posted on
07/29/2004 6:37:13 AM PDT
by
Frank_Discussion
(May the wings of Liberty never lose a feather!)
To: TelephoneMan
There are plenty of straight-commission jobs out there. If you can make cold calls, you'll make a good chunk of money.
To: nothingnew
"I think this is BS..."
You can remove your head from the sand (or some body oriface) anytime now. Trying to present an argument by stating the beginning premise BS will get you nowhere in a hurry. Accept the fact and then find a way to lessen the impact.
This will be another 'big gun' the dems will use against B/C '04 and has the potential to be related to that poor woman sitting at the kitchen table mentioned last night in Boston.
14
posted on
07/29/2004 6:41:59 AM PDT
by
familyofman
(and the first animal is jettisoned - legs furiously pumping)
To: FoxPro
...
the first time that has effectively happened since the modern tax system was introduced during World War II. Oh really?
15
posted on
07/29/2004 6:42:19 AM PDT
by
unixfox
(Close the borders, problems solved!)
To: TelephoneMan
I echo your words -- this has been an awful employment period.
What took just a few weeks to find a good job in '99 mow takes months. Additionally, we are in a job market of "perfection". Meaning: you have to be the perfect candidate with all 20 requirements and you are up against many excellent candidates.
In short, hang in there.
16
posted on
07/29/2004 6:42:56 AM PDT
by
mneville
To: OESY
Interesting graphic.
The reduction in reported income from 2000-2002 is entirely attributable to those taxpayers who earn more than $200,000.
17
posted on
07/29/2004 6:43:43 AM PDT
by
Alberta's Child
("Ego numquam pronunciare mendacium . . . sed ego sum homo indomitus")
To: FoxPro
This does not take into consideration the years 2003 and 2004.
To: FoxPro
Maybe the IRS has been unaware of the "underground economy" that bypasses their watchful(?) eyes.
19
posted on
07/29/2004 6:46:48 AM PDT
by
capt. norm
(Rap is to music what the Etch-A-Sketch is to art.)
To: FoxPro
The overall income Americans reported to the government shrank for two consecutive years Here is the crux. We're making plenty of money. We're just reporting less of it to you schmucks at the IRS!
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