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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
muriel_volestrangler Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-23-08 07:32 AM
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32. Recent article on this:
The actual figure of taxable units who dont pay the standard income tax a taxable unit being a couple filing jointly or a person filing is somewhere around 38 percent. Even that number is grossly exaggerated, because it excludes what people pay through the payroll tax.
...
How much does the payroll tax amount to? Well, last year the standard income tax brought in $1.17 trillion, while the payroll tax brought in $873.4 billion.
...
Last year alone, $190 billion in payroll tax receipts was diverted to general fund use, paying for everything from Iraq to the salaries of park rangers.

As of 2007, a total of $2.25 trillion of payroll tax money paid into the Social Security and Medicare trust funds had been diverted to general fund use and replaced with government IOUs. In effect, the trust funds are an illusion. Payroll taxes and income taxes go into the same pool of money and are withdrawn from that same pool of money to fund government.

And for that reason, the claim that 50 percent, or even 38 percent, of Americans pay no income tax is flat out wrong.

http://www.ajc.com/blogs/content/shared-blogs/ajc/bookm...
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  -Where does the 40% pay no tax talking point come from? zeos3  Oct-22-08 07:53 PM   #0 
  - Good question. n/t  ColbertWatcher   Oct-22-08 07:53 PM   #1 
  - It's pretty close to the truth.  ingac70   Oct-22-08 07:55 PM   #2 
  - Most wages have withholding  sandnsea   Oct-22-08 07:56 PM   #5 
  - Increase your exemptions so the government doesn't "hold" your money!  fed_up_mother   Oct-23-08 07:32 AM   #31 
  - Not quite true.  Warpy   Oct-22-08 08:00 PM   #8 
  - Right  zeos3   Oct-22-08 08:11 PM   #12 
     - There are no exemptions to claim on OASDI  Warpy   Oct-22-08 08:16 PM   #17 
        - That's a good point  zeos3   Oct-22-08 08:48 PM   #23 
  - That's a key dinstinction- the 40% don't pay INCOME TAX, but they do pay SALES TAXES. n/t  ColbertWatcher   Oct-22-08 08:20 PM   #20 
  - I worked the night shift part-time for a hotel chain and all of my taxes were refunded  nc4bo   Oct-23-08 07:44 AM   #34 
  - Low income people get full refunds  sandnsea   Oct-22-08 07:55 PM   #3 
  - Not really,  EC   Oct-22-08 08:10 PM   #11 
     - See...  zeos3   Oct-22-08 08:14 PM   #14 
     - fwiw  Rancid Crabtree   Oct-23-08 06:27 AM   #24 
     - Low income parents?  sandnsea   Oct-22-08 08:14 PM   #15 
  - Excised from their terminal sphincter,  baldguy   Oct-22-08 07:56 PM   #4 
  - Welfare/poor people pay no income taxes, mainly can't pay what you don't have an  mrcheerful   Oct-22-08 07:57 PM   #6 
  - I don't know, isn't the zero tax at like< $6,000 a year gross?  EC   Oct-22-08 07:57 PM   #7 
  - Yeah...  zeos3   Oct-22-08 08:15 PM   #16 
  - In 2007 a single person with no dependents did not have to pay  bornskeptic   Oct-23-08 09:57 AM   #38 
  - They are ignoring Sales Tax  machI   Oct-22-08 08:03 PM   #9 
  - Yes I see that  zeos3   Oct-22-08 08:18 PM   #18 
  - Many people have low enough incomes and/or enough deductions  petronius   Oct-22-08 08:06 PM   #10 
  - That's what I mean  zeos3   Oct-22-08 08:19 PM   #19 
  - ... that would be the millionaires with accountants and loopholes ....  Myrina   Oct-22-08 08:12 PM   #13 
  - I have a feeling they might be  zeos3   Oct-22-08 08:21 PM   #21 
  - I wonder if they are including those on SS  EC   Oct-22-08 08:27 PM   #22 
  - More like 38%, but payroll taxes aren't included.  dorkulon   Oct-23-08 06:37 AM   #25 
  - Similar To The Immigration Strawman  KharmaTrain   Oct-23-08 06:46 AM   #26 
     - See this thread.  dorkulon   Oct-23-08 07:30 AM   #30 
        - A Very Good Post...  KharmaTrain   Oct-23-08 07:43 AM   #33 
           - I wish the campaign would push that message harder... they should call it "Wealth-care."  dorkulon   Oct-23-08 08:21 AM   #36 
              - It Just Isn't "Sexy"  KharmaTrain   Oct-23-08 08:30 AM   #37 
  - the BIG LIE being perpetrating with this figure is this:  annabanana   Oct-23-08 06:50 AM   #27 
  - Two-thirds pay more Payroll tax than Income tax  TorchesAndPitchforks   Oct-23-08 06:53 AM   #28 
  - Is it 40% of people or of working people?  DeeDeeNY   Oct-23-08 07:02 AM   #29 
  - That's what I'm trying to figure out eom  zeos3   Oct-23-08 01:52 PM   #40 
  - Recent article on this:  muriel_volestrangler   Oct-23-08 07:32 AM   #32 
  - Thanks for the article eom  zeos3   Oct-23-08 01:51 PM   #39 
  - The RW talking point that gets me is that if you want to give them a tax cut  MiniMe   Oct-23-08 07:58 AM   #35 
 

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