Archived posting to the Leica Users Group, 2004/10/15
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]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. > See http://leica-users.org/mailman/listinfo/lug for more information >