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43% think income taxes are "about right"
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2011 Apr 21, 12:01am 1,425 views 8 comments
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zzyzzx
2011 Apr 21, 3:40am
And 45% pay no income tax…what a remarkable coincidence!
This was also the first thing that came to my mind.
Ignoring the whole political slant of this post:
If 45% pay no taxes and only 43% think income taxes are about right, what's up with that 2%? Paying none isn't good enough, or do they actually feel like they should pay some.
EightBall
2011 Apr 21, 5:47am
what’s up with that 2%?
They want a bigger EITC? The other 43% don't know how to spell it.
tatupu70
2011 Apr 21, 6:10am
Abe--
What is crushing this country is the exact opposite of progressive thought--extreme wealth inequality.
Â¥
2011 Apr 21, 12:58pm
Federal spending is going to be $3T this year, not counting SS.
Wages $8T, interest/rent $1.5T, corporate profits $1.5T.
Let's say the latter two pay at 20%, that leaves $2.4T for labor to pay.
The top 20% take 60% of the wages, for ~$5T and for them to pay 80% of that $2.4T would be a $2T tax bill, a 40% tax rate.
Total government spending this year (not counting SS) is $5.3T, or $45,000 per household. This implies 1 out of 2 households has a very good $90K government job.
We can't afford a $6T government without Eurosocialist-level (50% on everyone) taxation.
I think we're going to continue down the Japan road though, just keep on pretending.
What exactly do opinion polls show, anyway, other than how successful a particular marketing campaign has been? And what do they mean to you?... To me it means you're grasping at whatever little bit of info supports your latest notion because it sounds like something you like.
The interesting thing about polls is WHY people think what they do, not THAT they do.
Here's another one:
http://www.pbs.org/newshour/rundown/2010/12/foreign-aid.html
RayAmerica
2011 Apr 22, 8:52am
And 45% pay no income tax…what a remarkable coincidence!
This was also the first thing that came to my mind.
An amazing coincidense. LOL
And 45% pay no income tax...what a remarkable coincidence!
BTW, I'm enjoying the view watching the liberal, progressive, socialist, democrat, freeloader, do-gooder attempt at creating utopia slowly disintegrate under the crushing weight of reality.
What doesn't work: Soft tyranny, income redistrubution, leveling the playing field, equal results for everyone, less freedom, fewer rights, more restrictive laws, higher taxes, less privacy, infringments of personal property rights, violation of the rule of law, ignoring the Constitution, devaluing our currency, class warfare, double standards, reverse discrimination, dependency, irresponsibility...you know, all those negative things that big massive, intrusive, controlling government creates.
Have a good day. HONEST Abe.
#politics