"everyone pays taxes"
this statement does not seem to take into consideration those who take more out of the tax system through the EIC than is withheld in any payroll taxes they might be "paying"
if you do not think so, i will pay you $5 for every $10 you want to sell me.
The day you give your heart to Jesus, He will set you free.
Oh joy, joy....I get to teach you about taxes.
- First, the Child Tax Credit & EIC are what Republicans usually cry about during the debate about the 47%'ers....and the CTC was started in 1997...under an All-Republican Congress? Interesting....EIC goes back further with both parties.
- Second, payroll taxes bring in almost as much money as the individual income tax of the poor....but you knew that, right? If you include payroll taxes, it turns out that only 18 percent of households pay no direct federal taxes.
- Third, as has been pointed out a few million times, the majority of people who don't pay either income or payroll taxes are the elderly largely because (a) Social Security benefits aren't taxable for most beneficiaries and (b) many of the elderly no longer work. Almost all of the other households that don't pay direct federal taxes make less than $20,000 per year.
So, the Republicans way of solving the debt is to.....tax those making under $20,000 some more? Well, that ought to just raise a few thousand! That will fix the debt!
i do not feel that your post enlightened me at all; are you saying that 47% of Americans do not pay federal income taxes, or no?
are you saying that the CTC and EIC do not distribute more to the working poor than are withheld in their payroll taxes, or no?
are you saying that if we tax the rich at the highest marginal rate of 39.6% that it will solve our debt and/or deficit problem, or no?
do you think anything could solve our national debt problem, or no?
The day you give your heart to Jesus, He will set you free.
they don't
they do
it will not
nothing will pay off the debt; it will have to be discharged/dismissed/voided
The day you give your heart to Jesus, He will set you free.
the debtor is slave to the lender
that's really all you need to know![]()
The day you give your heart to Jesus, He will set you free.
but sure, if you want to get into the weighted average cost of capital for the typical corporation, knock yourself out![]()
The day you give your heart to Jesus, He will set you free.

i see "progressive" and "conservative", not "democrat" and "republican", mostly because we are all republicans as we live in a republic, and are not democrats as we do not live in a democracy. the terms republican and democrat are therefore vague, ambiguous and confusing.
progressive = government can and will do better for the people than they can do on their own
conservative = let's stick to the gameplan, separation of powers, limited government, constitution as amended, etc.
The day you give your heart to Jesus, He will set you free.
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