It's just about all over.

Sin City Stan · 02-22-2012, 12:47 PM

Almost to the tipping point.

http://blog.heritage.org/2012/02/19/chart-of-the-week-nearly-half-of-all-americans-dont-pay-income-taxes/

**ringadingh** · 02-22-2012, 01:01 PM

That seems a bit out of line to me, I don't think it would be that high.

AlabamaNomadRider · 02-22-2012, 01:01 PM

Probably only the middle class are paying income tax. The rich get around it and the poor don't make enough to pay any income taxes. Just my thought.

ToeJam · 02-22-2012, 06:28 PM

There's almost more in the wagon than pulling it.

**markclark57** · 02-22-2012, 07:09 PM

I quit paying income tax by not having an Income.

**glwilson** · 02-22-2012, 07:15 PM

Quote:

Originally Posted by AlabamaNomadRider

Probably only the middle class are paying income tax. The rich get around it and the poor don't make enough to pay any income taxes. Just my thought.

Using Clinton's format of questioning... it depends on what you call rich and middle class.

I know quite a few people Gene that make what others consider to be a lot of money -- and they pay well into the 30's% range in taxes. I call that paying a LOT of taxes...

The biggest problem with the scenario of the article is that the trend isn't going to go away. And those receiving benefits (social security, welfare, or other direct benefit payments from the government / deserved or not) will be powerless to politicians. Politicians will finally have complete control of "the people"... at which time I predict you can kiss our constitution goodbye completely. Just saying...

ToeJam · 02-22-2012, 08:23 PM

My son paid in only around 2500 in taxes, but got back almost 8000, with credits, earned income...and whatever else H&R Block used.

It's not right that you can get back more than you paid in!

**Idaho** · 02-22-2012, 09:33 PM

TJ, your son probably had $2500 deducted from his checks though the year. That $2500 was returned as part of the $8000 so he got back $5500 more than he paid in. Transfer of wealth.

It is no wonder that we are borrowing 40 cents of every dollar that we spend.

NRiderUSA · 02-22-2012, 10:19 PM

And have you ever heard it from the lame stream media? Nope..PBS isnt going to give facts.. and the left continues to demonize the people paying for this.
They talk about the rich, but screw the middle class... they are just about to the point of destroying what they "Claim" to be protecting.

**glwilson** · 02-23-2012, 07:16 AM

Report in the Wall Street Journal regarding Obama's proposed tax hike on incomes above $200,000 and $250,000:

"These are the 3% of taxpayers that Obama says aren't paying their fair share, though the 3% pay more in income tax than the rest of the other 97%."

The latest IRS reports show the top 3% earning 30% of all income and paying 52% of all federal income taxes.

From the facts... it looks like the "rich" already pay the taxes for the "rest"...

**canedriver** · 02-23-2012, 09:52 AM

This is a combination of factors.

Recession anyone?

Aging population means more and more on social security (limited income) that turns to handouts to make ends meet in the form of subsidized housing etc.

Also a lot of this has to do with what I call the Walmart mentality. (personal pet peeve) More workers are working for less and are being classified as part time so companies pay less in benefits. Again this means people are looking to public assistance to make ends meet. Some of this would be eliminated with Obamacare (watches as thread explodes) because companies would be penalized if they have more then a certain number of workers who do not get healthcare through the company.

The example TJ used is fairly common. Sad but true.

NRiderUSA · 02-23-2012, 09:47 PM

Amazing.... depressing but amazing

**Timay** · 02-23-2012, 10:07 PM

Quote:

Originally Posted by canedriver

Aging population means more and more on social security (limited income) that turns to handouts to make ends meet in the form of subsidized housing etc.

Okay, just so we are upfront on all this - Social Security is not an entitlement - we paid our 6.2% with the matching 6.2% from the company that goes into the SS fund. We get our own money back with the matching funds from the company. Has nothing to do with entitlement...I paid in, I get back (now my portion is 4% since the 'payroll tax cut' went into effect)...leaving the fund 2% underfunded.

I am on SS and have my union retirement to supplement that, plus my sidework, so no handouts. I EARNED ALL I GET!

Welfare is another story as it is an entitlement and needs to be addressed.

Tim

NRiderUSA · 02-23-2012, 10:13 PM

+1 on that point

**canedriver** · 02-23-2012, 11:14 PM

I apologize if you took the term handout literally.

The problem is Social Security is considered a form of public assistance because many benefits are paid under the guise of social security. Heck prior to 1996 Federal welfare was officiated under the social security act.

The issue I was addressing wasn't really just social security but it is tied into it. To many people relied ONLY on social security for retirement. Retirement time comes around and they find out it isn't enough to support them in retirement. They end up enrolled in assistance programs like food stamps, subsidized housing etc. This problem was only compounded by the recession which wiped out many retirement accounts forcing even more to reply on assistance programs.

02-22-2012, 12:47 PM	#1
Sin City Stan Sr. Member Join Date: Mar 2009 Location: Henderson, NV Posts: 3,746	It's just about all over. Almost to the tipping point. http://blog.heritage.org/2012/02/19/chart-of-the-week-nearly-half-of-all-americans-dont-pay-income-taxes/ __________________ Oldest Saloon In Nevada http://www.pioneersaloon.info/ "Sin City Stan" Henderson, NV VBA #01004 VROC #29365 2004 Nomad 1500L5 +100 "The Bike" 2009 Nomad 1700 (past) 2004 Vulcan Classic 800 (past) 2010 Cortez - 2011 Crescent City - 2012 Kanab - 2013 Estes Park Login or Register to Remove Ads
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02-22-2012, 01:01 PM	#2
ringadingh Join Date: Aug 2007 Location: Newmarket Ontario Canada Posts: 35,387	That seems a bit out of line to me, I don't think it would be that high. __________________ 2002 Nomad aka Bountyhunter VBA #27 VROC #18951
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02-22-2012, 01:01 PM	#3
AlabamaNomadRider Sr. Contributor Join Date: Jul 2009 Location: Boaz, Alabama Posts: 13,742	Probably only the middle class are paying income tax. The rich get around it and the poor don't make enough to pay any income taxes. Just my thought. __________________ Gene Cross, Jr. Boaz, Alabama KawaNOW/VBA #1181
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02-22-2012, 06:28 PM	#4
ToeJam Member Join Date: Dec 2011 Location: Houston Posts: 467	There's almost more in the wagon than pulling it. __________________ Jim / Houston Texas VBA #01936 VROC #34478 TexasVROC 2010 Nomad
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02-22-2012, 07:09 PM	#5
markclark57 Join Date: Jun 2010 Location: Phoenix, AZ Posts: 3,108	I quit paying income tax by not having an Income. __________________ 2006 Vulcan 1600 Classic "George III" (Patricia's) 2006 Vulcan 1600 Nomad "Grace" (Mark's) Mark Clark VBA #1619 TaibhseDaid@Gmail.Com "Irish" @ Maricopa County Chapter of B.A.C.A. Phoenix, AZ Login or Register to Remove Ads
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02-22-2012, 08:23 PM	#7
ToeJam Member Join Date: Dec 2011 Location: Houston Posts: 467	My son paid in only around 2500 in taxes, but got back almost 8000, with credits, earned income...and whatever else H&R Block used. It's not right that you can get back more than you paid in! __________________ Jim / Houston Texas VBA #01936 VROC #34478 TexasVROC 2010 Nomad
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02-22-2012, 09:33 PM	#8
Idaho Join Date: Aug 2007 Location: Pocatello, Idaho Posts: 5,241	TJ, your son probably had $2500 deducted from his checks though the year. That $2500 was returned as part of the $8000 so he got back $5500 more than he paid in. Transfer of wealth. It is no wonder that we are borrowing 40 cents of every dollar that we spend. __________________ Idaho (aka Curmudgeon) Blue Knights Idaho III VBA #110 VROC #24864 IBA #49753 2007 Nomad 86,000 miles Bud Smalley Pocatello, Idaho Idaho Jack Adapter
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02-22-2012, 10:19 PM	#9
NRiderUSA Sr. Member Join Date: Dec 2008 Location: Missouri Posts: 3,781	And have you ever heard it from the lame stream media? Nope..PBS isnt going to give facts.. and the left continues to demonize the people paying for this. They talk about the rich, but screw the middle class... they are just about to the point of destroying what they "Claim" to be protecting. __________________ NRiderUSA "Rick" "In times of universal deceit, telling the truth becomes a revolutionary act." 1946 George Orwell Last edited by NRiderUSA; 02-22-2012 at 10:21 PM.
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02-23-2012, 07:16 AM	#10
glwilson Join Date: Jul 2008 Location: North Central Illinois Posts: 8,575	Report in the Wall Street Journal regarding Obama's proposed tax hike on incomes above $200,000 and $250,000: "These are the 3% of taxpayers that Obama says aren't paying their fair share, though the 3% pay more in income tax than the rest of the other 97%." The latest IRS reports show the top 3% earning 30% of all income and paying 52% of all federal income taxes. From the facts... it looks like the "rich" already pay the taxes for the "rest"... __________________ "During times of universal deceit, telling the truth becomes a revolutionary act." "You can have your own opinion, but not your own facts." *Former VBA NCR Assist Regional Leader* Formerly: 2004 1500FI Bronze Nomad: 2009 & 2014 HD Ultra Current Rides: 2017 HD Ultra Limited & 2011 Can Am Spyder RTS-SE Attended: VBA National Rallies 2009, 2011, 2015; VBA/NCR Regional Rally 2010, 12, 14, 16 and several rides throughout with regional members. VBA Member #652 HOG Member #3935417
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02-23-2012, 09:52 AM	#11
canedriver Join Date: Apr 2011 Location: Tampa, FL Posts: 632	This is a combination of factors. Recession anyone? Aging population means more and more on social security (limited income) that turns to handouts to make ends meet in the form of subsidized housing etc. Also a lot of this has to do with what I call the Walmart mentality. (personal pet peeve) More workers are working for less and are being classified as part time so companies pay less in benefits. Again this means people are looking to public assistance to make ends meet. Some of this would be eliminated with Obamacare (watches as thread explodes) because companies would be penalized if they have more then a certain number of workers who do not get healthcare through the company. The example TJ used is fairly common. Sad but true.
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02-23-2012, 09:47 PM	#12
NRiderUSA Sr. Member Join Date: Dec 2008 Location: Missouri Posts: 3,781	Amazing.... depressing but amazing __________________ NRiderUSA "Rick" "In times of universal deceit, telling the truth becomes a revolutionary act." 1946 George Orwell
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02-23-2012, 10:13 PM	#14
NRiderUSA Sr. Member Join Date: Dec 2008 Location: Missouri Posts: 3,781	+1 on that point __________________ NRiderUSA "Rick" "In times of universal deceit, telling the truth becomes a revolutionary act." 1946 George Orwell
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02-23-2012, 11:14 PM	#15
canedriver Join Date: Apr 2011 Location: Tampa, FL Posts: 632	I apologize if you took the term handout literally. The problem is Social Security is considered a form of public assistance because many benefits are paid under the guise of social security. Heck prior to 1996 Federal welfare was officiated under the social security act. The issue I was addressing wasn't really just social security but it is tied into it. To many people relied ONLY on social security for retirement. Retirement time comes around and they find out it isn't enough to support them in retirement. They end up enrolled in assistance programs like food stamps, subsidized housing etc. This problem was only compounded by the recession which wiped out many retirement accounts forcing even more to reply on assistance programs.
	0