Tax Day Fact Check: Most Americans Got A Tax Cut This Year

[Lucrum]

Quote from Free Thinker:

Most Americans Got A Tax Cut This Year

I didn't.

My take, Hussein and CO. have been preoccupied with ramming health care down our throats, they simply haven't had time to pass tax raising legislation. But they will.

 

[Free Thinker]

Quote from jem:

This is the difference between a guy who works for a living and a liberal who sucks off the government teat spouting the MSNBC talking points.

It is right there on this thread. liberal misinformation vs real world. You can't trust most politicians most of the time, but you can never trust a liberal to give you the truth about taxing and spending.

14% pull it out your ass number vs. real world.

The flat tax at a 11 to 13 percent individual and corporate is our only hope of a just and prosperous financial future.

Before someone can open their mouths on taxes... they should answer two questions....

What is your tax bracket?
Does you salary get paid by the government in some manner?

its interesting that you whine about taxes yet you will willingly give 10% of your income to some church to help promote priest rape of little children.

 

[peilthetraveler]

Quote from OPTIONAL777:

What would a no tax USA look like?

Seriously, what would it look like?

There is a very flawed assumption that the majority of Americans are lazy, don't want to work, just want a free ride...

This simply is not true.

There is a rather small percentage who doesn't want to be a contributing member of society, but the right wingers make it out as if half the people in America are lazy bums...

Just a lie, and a fabrication, and it comes home to roost after 8 years of Bush pampering the wealthy and the bloat of corporate greed...

There would be toll booths every mile on the roads. Every neighborhood would come together to take watches on protecting each other. Random raids would occur from neighboring towns that arent doing as well. Slavery would come back if people who borrowed money didnt pay back. Most parents would have to teach their own children to read & write and do math. Children would end up working to support old parents that cant work anymore. Justice would be quick. Anyone caught raping or murdering would be executed almost immediately. Higher education would be cheaper. Healthcare would be cheaper. Employees would make less money and business owners would make more money. There would be many gangs everywhere too as the lazy people would just join gangs and steal from the hard workers, but on the otherside, the hardworkers would most likely not be the pussys that americans are today and everyone would be carrying a gun and shooting back.

 

[peilthetraveler]

Quote from Free Thinker:

its interesting that you whine about taxes yet you will willingly give 10% of your income to some church to help promote priest rape of little children.

I dont think Jem is Catholic.

You pay taxes to the government, so that means that when a teacher molests a child that means you are promoting teacher rape of little children, right? I mean thats your logic, right? If you pay money to someone and they do something bad that means you are promoting it, right?

You have a brain, freethinker...use it, will you?

 

[Free Thinker]

Quote from peilthetraveler:

I dont think Jem is Catholic.


You have a brain, freethinker...use it, will you?

peilthetravele you never cease to amaze and amuse. talking about using your brain. how long has jem been around here talking the catholic line?

 

[indahook]

Alright, i`ll disclose here. Its anonymous, who cares.

I made 137k last year and paid 20,550 Fed and NYS. 6500 in property tax( I live in the boonies out east). $27050 all together.

15% of income fed and state...19.7% including prop tax.

That 137 income was between One 1099 employer and one LLC w-9 income. Two kids, house and all the deductions I could take without raising flags. All legit.

Without deductions as a single guy/no puppies or house I would have gotten smoked i`m sure.

 

[jem]

Quote from Free Thinker:

peilthetravele you never cease to amaze and amuse. talking about using your brain. how long has jem been around here talking the catholic line?

My beliefs are a synthesis of Protestant and Catholic teachings. My core belief is that saving faith comes from acting in faith on the Gods word. One of my favorite actions is going to communion trusting in God's promise and discerning his body and blood.

 

[jem]

Quote from Free Thinker:

its interesting that you whine about taxes yet you will willingly give 10% of your income to some church to help promote priest rape of little children.

your statement is very revealing about your mindset.

you think it is governments job to tell us where to give our charity?
You have no idea that what I do with my time.
Time may be more valuable than money.


Were you ever in the highest federal income tax bracket.
Did you ever have to give 9% to your state?

Have you ever paid a property tax bill?

I seriously doubt you will provide us with an honest answer.

 

[Index piker]

Quote from Free Thinker:

On Tuesday, a wave of protesters, upset with overly-burdensome taxation by the federal government, are set to descend on the nation's capital to express their displeasure.

But does their anger reflect the truth about today's tax rates?

After all, neutral economists insist that, under the Obama administration, the overwhelming likelihood is that your tax burden has gone down, not up. Even conservative economic analysts acknowledge that there really is no basis for middle- and working-class Americans to believe that they're suddenly paying more.

"The only tax I think that has been put in place so far is an increase in the federal cigarette tax. I can't think of another Obama tax that has gone in place so far," said Chris Edwards, Director of Tax Policy Studies at the conservative Cato Institute. "I would say that people are angry because big taxes are coming down the road because of the gigantic deficit built up under Bush and continued under Obama."

And yet, Tuesday is expected to bring a range of hotly-charged rhetoric over the damage this 'tax-and-spend' president has done to the general public's bottom line.

A look at the numbers tells a different story. For starters: the non-partisan Center for Budget and Policy Priorities reported on Wednesday that "Middle-income Americans are now paying federal taxes at or near historically low levels." How low? The average family of four right now is paying 4.6 percent of its income in federal income taxes -- the second lowest percentage in 50 years.

Citizens for Tax Justice, a self-described non-partisan organization, released a report on Tuesday that read: "The 2009 economic stimulus bill actually reduced federal income taxes for tax year 2009 for 98 percent of all working families and individuals." This total includes the 95 percent of working families that will or have received tax credits in the range of $400 to $800.

The health care bill passed by the administration, meanwhile, includes a tax credit that could cover up to 35 percent of the premiums a small business pays to insure its workers. The Recovery Act, meanwhile, included such tax breaks as a $1,500 credit for home energy improvements, and an $8,000 credit for first-time home buyers.

It has been a buffet of tax breaks and credits offered by this administration (occasionally to the chagrin of progressive economists, who want more focus on stimulative federal spending).

Yet polling numbers indicate that Americans are barely aware of these developments. Indeed, a good chunk of the country believes it has been saddled by this administration with tax hikes. Back in mid-February, a full 24 percent of respondents to a CBS News/New York Times poll said that their taxes had increased under Obama. Fifty-three percent said they had stayed the same. Only 12 percent thought their taxes had gone down.

"Belief is triumphing over reality," explained Bob McIntyre, director of Citizens for Tax Justice. "Part of it is they watch the wrong television shows and believe it. Part of it is the tax cut that went to almost everybody, the making work pay credit, was dribbled out... people didn't get a check. They paid lower taxes and might not have noticed it.

"It is like arguing whether Jesus rose from the dead," McIntyre concluded. "If you believe it, you believe it."

On Thursday, those who don't believe it will be making their voices heard. At least four separate demonstrations are being planned around the capital in honor of tax day, including two protests next to Congress, an online broadcast "tax revolt" and another rally at the Washington Monument. They will, however, be countered by a start-up group called "The Other 95%," which will descend on D.C. on Thursday to protest "right across from Tea Party rally." It should be an interesting, if not occasionally wonky, show-down.

"Obama passed 25 separate tax cuts," Sheryl Stein, founding member of "The Other 95%" said in a statement announcing the group's plans, "including $300 billion in middle class tax cuts -- one of the largest in history - as part of the stimulus package. Unlike President Bush's 2001 tax cuts, which went to the wealthiest 2.2%, President Obama's tax cuts overwhelmingly benefit working and middle class families -- in fact, 95% of all Americans."

And there is some indication that Americans are satisfied, generally speaking, with the current trade-off between their tax burden and the benefits that government provides. "Just ahead of Tax Day, a new New York Times/CBS News poll finds that most Americans regard the income taxes that they will have to pay this year as fair, regardless of political partisanship, ideology or income level," the Times reported.

Perhaps even more surprising, though, is that even among the 18 percent of Americans who say they support the Tea Party movement, more than half call their own income tax fair. Sentiment turns more sour, however, among the smaller group of Tea Party supporters who are active in the movement. Most of them, 55 percent, regard the income tax they have to pay as unfair. Thousands of Tea Party supporters gathered in Boston today for a rally near the original site of the Boston Tea Party.

Why do you post drivel that is obviously not your own work as if it were?

 

[Ricter]

I note that the higher my tax bill, the more money I have in my accounts. Call me a glass-half-full kind of guy.