Nearly half of US households escape fed income tax

[Kdillard]

Pass along to a teabagger

Link: http://news.yahoo.com/s/ap/20100407/ap_on_bi_ge/us_no_taxes

[NJmaverick]

1. I am sure that includes many of the anti-tax teabaggers

[Kdillard]

2. Yep.

[ClarkUSA]

3. Knowledge is power... which explains alot about the state of politics today.

I will be bringing this factual talking point to spread among the good folks attending this month's OFA phonebank. Thanks!

[Doremus]

4. No, DON'T send it along to the teabaggers.

It decries the poor poor wealthy who pay 70% of the country's taxes while the rest of us get more in refunds than we pay in. :eyes:

[Kdillard]

7. Yeah well I rolled my eyes at that but what else do you expect from the media.

[Doremus]

8. They quote Delloit and Heritage Foundation. The whole article is a teabagger wet dream. nt

[DJ13]

5. Nearly half of US households are too poor to pay Fed income taxes

Thats the title they should have used.

What a sad country were becoming.

[Kdillard]

6. No I suggest you read again. Yes poor get tax break but it also covers many

Things where you don't have to be poor to get a tax break.

[DJ13]

9. Okay, I reread it

Now it reads like an article that thinks taxes on the middle class needs to be increased.

When they do an article detailing how the middle class pays a greater percentage than the extremely wealthy let me know.

[goclark]

15. I got a Ford Fusion last year and I got

credit for the sales tax 1,000+ was the tax.

[high density]

10. We need higher wages in this country

A family of four living on $50k a year clearly cannot afford to pay income taxes.

The article acts like I should feel sad for the top 10% because they're paying such a large share of the pot while other families get away with paying nothing or getting something back. Sorry, but this is what a progressive income tax structure is all about.

[quaker bill]

11. While I did not "escape"

I have never had a refund this large, or ended up paying less in taxes in a very long time. We made a major energy efficiency upgrade to the house and my daughter entered college. Usually whenever republicans cut taxes, I pay more. This time, with democrats running things, I am actually paying thousands less.

[Phx_Dem]

12. This would take the wind out of the teabaggers' sail, but their real issue is

not taxes, it's racism.

[treestar]

13. That statistic about how the top 5% own some large majority % of the wealth

in the country - leads me to :nopity: for anyone with enough money to pay taxes.

The tax rates here are not so high - I pay them and still have plenty left over. So for me :nopity:

And I bet the average teabagger is not so well off, either.

[flpoljunkie]

14. The top 1% pay 40% of federal income tax, but they own 35% of the country's wealth.

That 35% percentage of the country's wealth is truly staggering.