Wolfpack

We all saw the left in here running around in a panic, whining and complaining about the 1,500 millionaires who didn't pay any income taxes last year. ABCNews had a great article about it.

"So how did they do it? Were they scamming the system? Evading the IRS? Stashing their cash in elusive off-shore, untraceable bank accounts?

Actually, they were probably donating to charity, investing in local and state government bonds and making most of their money overseas."

What a bunch of ***holes! Giving money to charity like that to avoid taxes! Anyway, the "horrifying statistic" comes from the following paragraph from the same article:

"But these millionaires are not the only Americans skipping out on federal income tax. A full 46 percent of the population pays zero income tax. The vast majority of these income-tax-free households have low incomes and qualify for child tax credits."

That, my friends, is why this nation is bankrupt. Almost half the country pays nothing while collecting plenty.

But you guys keep focusing on those 1,500 millionaires, while ignoring the 100 million freeloaders. Yeah that makes sense.

Mrs.PatsFanInVa

Three things.

Where's the link, why did you choose to focus only on "donating to charity" and ignore "making most of their money overseas," and do you know what the word "probably" means?

DarrylS

Never fails to befuddle how the right wants to continue to hold the richest people in this country completely unnacountable, while wanting to make the middle class and poor folks have less. But you fail to mention that the 47% are not necessarily the lower economic half of society, but those who play games with the tax code..

Even more horrifying is that we have 300 Billion + in uncollected taxes...

Perhaps all that talk about the "Power Elite" that took place 4 decades ago is completely coming to fruition...

Our view on financing government: When 47% don't pay income tax, it's not healthy for USA - USATODAY.com

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"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.

Harry Boy

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Harry Boy (Genius)

In The Absence Of Law And Order Society Will Surely Destroy Itself

Patters

Starve the poor! Make them pay taxes! The right speaks again, blaming the poor for our economic problems. More horrifying than the statistic is the message behind it. Thank god that kind of thinking went out 100 years ago.

Unlike some people, I'd prefer my tax money spent helping people lift themselves up than on the alternative--more police, more courts, and more prisons, when people become desperate.

How conveniently the sycophants of wealth simply ignore the fact that our economic problems began in the 1980s, when the march to cut taxes for the wealthy was not met by any serious effort to increase revenue in other ways. How those who worship the King now worship the wealthy, and are the jealous of the poor. It would be funny if the reasoning behind it wasn't so callous.

And by the way, I can imagine there may be some right wingers out there who might not realize that most of the poor people in the US are white.

Persons Below Poverty Level in the U.S., 1975–2007 — Infoplease.com

mcgraw_wv

If te poor didn't collect so many free government services which are paid for by the rich, I don't think there would be so much issues from the right, and I agree.

I don't think we should be providing so much free services, and I don't want my money to support certain habits, therefore I will try and hide my money as best as possible, and I am not even rich.

Patters

If they're poor, then what good are the rich to them? What's your point?

Patters

What services do you object to? Do you think poor kids should have homes? food? schools? Do you think people who are disabled should have homes? food? schools? Most poor people get very little from the government, even in a liberal state like Massachusetts. A poor person here might get $75/week + $40/week in foodstamps, not much to live on. These are typically poor people who are not ill, but for some reason or another cannot find work. If we gave them nothing, they would probably have no choice but to turn to crime, and you'd instead be paying for police, courts, and prisons.

I would not admit to tax fraud, if that's what you mean by "hiding" your money, on a blog if I was you. That's illegal, and I hope most of us are law abiding Americans even when we disagree with the law.

Mrs.PatsFanInVa

For what it's worth - and I realize it probably won't be worth much (in fact, you might even consider it a badge of honor) but up until now you were one of a handful of people where whom I respected in spite of our differences.

Not any more, though.

DarrylS

Correction paid by the middle class...

There are less "free" services now than there ever was.. TANF(welfare) is down by 75% in most states...

It appears that since George Bush started the class war on the poor and middle class, they have done quite well.. stock portfolios are up 700+%, housing values are down about 35%... all that we were told was lies.

__________________
"Being the best doesn't mean you always win. It just means you win more than anyone else".. tweet from Kurt Warner to Tom Brady.