Who Doesn't Pay Federal Taxes?

Visitor (not verified)
anonymous user
Registered: 12-31-1969
Who Doesn't Pay Federal Taxes?
7
Tue, 09-18-2012 - 9:33am
I came across this explanation of the much quoted theme about X amount of people not paying taxes. Think you will find this interesting, at least I did.

 

http://www.taxpolicycenter.org/taxtopics/federal-taxes-households.cfm   46.4% of Households Paid No Federal Income Tax for 2011

Breakdown1-06-17-11



  But Nearly Two-Thirds of Households
 That Paid No Income Tax Paid Payroll Taxes

Breakdown2-06-17-11



Who Paid Neither Income Nor Payroll Taxes?

Breakdown3-06-17-11

arrowMore than half are elderly

arrowOver one-third are nonelderly with income under $20,000

arrowOnly about 1 in 20 is nonelderly with income over $20,000

 

Print PDF of Graphs

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iVillage Member
Registered: 08-30-2002
Wed, 10-10-2012 - 3:45pm

“There’s no legislation with regards to abortion that I’m familiar with that would become part of my agenda,” Romney told the Des Moines Register.

Talk about weaseling out. There is constant effort towards legislation against abortion. So you know that every nutjob politician that wants to subject his will on a woman's right to choose, will be making every effort to introduce legislation while Mitt is in office. Not to mention the potential opportunity to stack the Supreme Court in a way that could threaten Roe v Wade.



iVillage Member
Registered: 04-07-2002
Wed, 09-19-2012 - 11:26am
Even though I worked full-time, until I was married, I always received a tax return. I paid all the other 'taxes' though. And I only had catastrophic medical insurance & no dental. However, aside from going to Planned Parenthood for PAP smears, etc., (which I paid for on a sliding scale), I have never expected the gov't to take care of me!! I found Romney's remarks incredibly offensive. Obviously, he has NO clue!

Even after marriage, we've either 'broken even' or rec'd refunds most of the time. No, we don't have a lot of write-offs - no big stock portfolio or anything like that. Just, apparently, 'poor people' (under that $200,000 to $250,000 annual income) like the majority of the population. :smileywink:

 nwtreehugger  

Avatar for xxxs
Community Leader
Registered: 01-25-2010
Tue, 09-18-2012 - 6:08pm

Hi

   In the US most people who work for wages pay an income tax on the wages.  That is called the payroll tax.  It goes into the general fund.  The reporting of income tax is done yearly.  Now if a person had enough monies taken from his payroll then at that time he is given a refund for overpayment.  These refunds are seen as not paying income tax.  If you get monies thru pension,retirement funds investments,business there are quarterly payment due to the IRS(Internal Revenue Service).  If that person paid too much they then receive a refund.  Usually they after deductions, pay the tax they owe. 

chaika