Archived posting to the Leica Users Group, 2004/10/15

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Subject: [Leica] Geesh - and we though camera people had it tough
From: daniel.ridings at edd.uio.no (Daniel Ridings)
Date: Fri Oct 15 21:56:02 2004
References: <416FF4BA.8020000@cox.net>

Aha ... they DO pay taxes, but they get returns on their money? I thought
it sounded like some pretty esoteric statistics.

Daniel

On Fri, 15 Oct 2004, Walker Smith wrote:

> >
> >
> >> At this
> >> juncture in time, 48% of all working Americans pay ZERO income tax!
> >
> >That's fascinating.
> >
> >What is your source for this? Or is this armchair statistics at work?
> >
> >
> There's nothing ficticious about the number I gave. The following site,
> using data from the Congressional Budget Office was last updated in 2000
> and you don't have to go very deep into it to find a graph showing that
> taxes begin at the mid-40% area and those below that point collect money
> in EIC's that they didn't pay. http://www.allegromedia.com/sugi/taxes/
>
> The specific figure of 48% was the last I'd actually seen specifically
> stated and the information in the report linked above does nothing to
> debunk that figure.
>
> Walker
> _______________________________________________
> Leica Users Group.
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>

In reply to: Message from doubs43 at cox.net (Walker Smith) ([Leica] Geesh - and we though camera people had it tough)