Trump is talking about taking it up to about 50% while Cruz’s plan will take it below 47% by making income about $36000 for families taxable. So Cruz will put more skin in the game.
Damn! Makes me feel good knowing that I’m among the “rich”...
So why do I have to budget my beer money?
We are fast approaching a situation where more people are going to be sitting in the wagon then there is people pushing the wagon...
More like “Vote for free stuff” and “Eat the rich.”
These are the folks who respond to the politics of envy.
if you ask me, it should be 100%
the income tax is an abomination
This is my brother in law. Self employed, white, early 60’s, and hasn’t filed a tax return in years. Nothing ever happens to him. His wife gets a monthly check for early retirement and she says they take out $100. She figures it’s some kind of penalty for him not filing for years. $100. Big deal. By now he probably owes north of $100,00.
And the rest of us support them.
If 45% of the American Indians decided not to hunt or grow crops there would have been 45% less to deal with when the EuroInvaders came.
Same thing should happen here. You don’t produce, you don’t eat unless you are sick, hurt or old.
And welcome to another tax day rant that will soon be forgotten.
Worse than not paying any share is the incessant carping by this group of liberal parasites that taxpayers are not paying their fair share.
So “we’re gonna cut your taxes” has no popular appeal to 45% of Americans
But soaking the other 55% will never be enough for people like Hillary and Bernie and the FSA (free sh#t army)
45% of all American HOUSEHOLDS pay net zero.
By this it implies 45% of all TAXPAYERS. if you want to say 'all Americans'... the percent changes drastically.
assuming 140m taxpayers (it varies by year, but stays roughly around this number). 45% of taxpayers pay net zero... meaning 63m people. add the nontaxpayers (190m) and you have 253m that aren't paying or pay net zero. and 253m of the 330m is 77%
therefore the correct headline should be:
77% of Americans pay no federal income tax
Of course, a federal income tax was not legal in the early years of this country. They had to pass a constitutional amendment to make it possible. One of the selling points was that only the very rich would have to pay, and the original rates were very very low. So this idea that lower income people should not pay income tax is consistent with the original concept, and I have no problem with it on that basis.
However, it was not the original concept that the highest marginal rates would be 35% or 45% or even higher! It was also not the original concept that specific interest groups would be bribed to vote for one party (democrats) over another on the basis of “credits” and other giveaways at the expense of the other groups!
Every citizen should pay taxes even if it is just 5%. Those that don’t shouldn’t get to vote.
Interesting. I was not aware they could see the future.