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It is not irrelevant that kids are counted as income earners, especially students with jobs, and this throws all the numbers off.
You continue to ignore the facts.
Originally posted by DenyObfuscation
reply to post by Jean Paul Zodeaux
Are you saying "laws" against DUI violate my Irish heritage?
Originally posted by DenyObfuscation
reply to post by Jean Paul Zodeaux
It was a bit of a joke however you bring up the point about do no harm. Aside from arbitrary BAC issues if no harm is done what has been violated. An improper evaluation of statistics will show that traffic deaths are caused 2:1 by sober drivers. Anyway, you're always good for exercising the grey matter.
Originally posted by poet1b
That anyone buys into this propaganda is pathetic.
Yeah, all those lazy school kids who have savings accounts aren't paying their fair share of taxes.
The top 1% should be paying all of the income tax. Income tax was only created for the wealthy, and not for the rest, because it is only the wealthy that get back anything from the fed gov.
Unless you own a factory in China, or any income you get from stocks you own from corporations manufacturing in China (profiting on slave labor and child labor like any of you got a moral leg to stand on) you shouldn't be paying income taxes.
The PTB have done a great job of dumbing down the masses.
If a six year old child has a savings account, they are counted as income earners.
That is how the con works.
Don't buy into the propaganda.
The ops title ignore the major factor that every school kid with a bank account is counted as an income earner, and so are retired people. Those people make up the vast majority of people paying no income tax.
Can you substantiate this pile of your propaganda?
Will you admit you have been suckered by this propaganda when I do?
Know anyone with kids who have savings accounts? If you do, ask them if those kids are reported as income earners and receive tax information from those banks, and you will find out that they are included as federal income earners.
Look up the percentage of the population that is of school age or younger, and the percentage who are retired, and you will find the proof, and the truth. Last I checked that is close to 50% of the population.
Then ask yourself what kind of fool pushes to make kids pay income taxes.
Its lazy when you refuse to do your own research and verify if what someone is saying is right. You can check the figures yourself, and f I am wrong prove me wrong, instead of demanding that I provide you information easy to find.
The banks report the income of everyone who has an account, and that makes them income earners. It has nothing to do with filing by an individual.
Remember top 10% is based on AGI. To have AGI you must file a return.
Kiplingers
Are they bogus too?
The latest numbers from the IRS -- based on 2009 tax returns -- show what it takes to be among the top 1% of income earners: adjusted gross income of $343,927 or more. The 1.4 million Americans with this elite status reported 16.9% of all the country's taxable income.
Our income and tax-burden breakdowns come from information reported on 2009 individual income tax returns. Income categories are based on adjusted gross income.
The IRS data below include all of the 137.98 million tax returns filed in 2009 that had a positive AGI, not just the returns from people who earned enough to owe taxes. These figures exclude those tax returns filing a return merely to receive a stimulus check.
Notice the AGI? Adjusted Gross Income is a tax return figure.
Including all tax returns that had a positive AGI, taxpayers with an AGI of $159,643 or more in 2009 constituted the nation's top 5 percent of income earners. To break into the top 1 percent, a tax return had to have an AGI of $343,947 or more, which was 10 percent lower than the 2008 threshold of $380,354. The income threshold to break into the top 0.1 percent also fell dramatically from 2008 to 2009, from about $1.8 million in 2008 to $1.4 million in 2009.
Oh, and I did not ignore the sources, I read them, evaluated them, and proved how they are meaningless propaganda.
If you follow a link posted above, and then on to the IRS data, you will find this statement.
www.irs.gov...=133521,00.html
Individual Income Tax Returns with Modified Taxable Income - MTI is a term used to describe "income subject to tax", the actual base on which tax is computed. For current-year returns, MTI is identical to taxable income. For prior-year returns, taxable income is modified to equal an amount necessary to generate the tax actually shown on these returns using current-year rates.
Interest on savings accounts is "INCOME SUBJECT TO TAX". I researched it a long time ago, and if I remember right, Income earners include grade schoolers with savings accounts, based on returns from banks. It all gets pretty fuzzy, but kids working part time jobs are required to file tax returns. Even if you ignore kids who aren't filing tax returns, aren't working part time jobs, working students and seniors make up most of the bottom 50%, and then there are the disabled, most with legit disabilities.
The actual IRS website is a far more credible source than Kiplingers, which is a site for investors.
The banks report the income of everyone who has an account, and that makes them income earners. It has nothing to do with filing by an individual.
Originally posted by DenyObfuscation
reply to post by poet1b
The actual IRS website is a far more credible source than Kiplingers, which is a site for investors.
Then source some numbers that contradict the "propaganda". If the Heritage Foundation, Kiplingers, Taxpayers Union and Tax Foundation are all pulling numbers from the IRS and twisting them you could prove that by presenting "correct" numbers from the IRS. Until you do you have nothing but unsubstantiated allegations
Do you stand by this or not?
The banks report the income of everyone who has an account, and that makes them income earners. It has nothing to do with filing by an individual.
Originally posted by poet1b
Don't buy into the propaganda.
The ops title ignore the major factor that every school kid with a bank account is counted as an income earner, and so are retired people. Those people make up the vast majority of people paying no income tax.
Originally posted by poet1b
reply to post by Eurisko2012
Only as long as you ignore that it is the top 10-1% who are paying most of the taxes, subsidizing the super rich, who are the .001% of tax payers, who receive most of the benefits from fed gov expenditures under free market communism. Those top 10-1% are only in those tax brackets for a short time in their life.
Yeah, the upper middle class pays too much in taxes, while the rich pay too little. That is all that has been proven.
The ops title ignore the major factor that every school kid with a bank account is counted as an income earner, and so are retired people. Those people make up the vast majority of people paying no income tax.
If a six year old child has a savings account, they are counted as income earners.
That is how the con works.