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45% of Americans pay no federal income tax

#45

Quote:I get it, ideally you don't want the consumption or flat tax to work that way. But the reality dictates that is how it will turn out.


It's not like the underpaid don't want to save money, but it's a reality that it's very difficult to darn near impossible to save money if you're underpaid...


All your money is going out to pay the bills and support your family. That's nothing left for one to save if you're only making 40k a year and have a family of three or four.


I mean I've lived that, I know. And I'm a very frugal person just by my nature... there's no juice left to squeeze out of a rock.
 

The truth is that we've inflated our currency and our lifestyles to unaffordable levels. I read that the housing market is up over the 2005 peak. I went to shop for a new car and the cheapest model was $16,990. I went for a gallon of milk and it was $4.79. Tuition is $500 and hour. Why are these things this way? The reason starts with G and ends with T. The more they intervene the worse it gets.

“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

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45% of Americans pay no federal income tax - by flsprtsgod - 04-19-2016, 04:14 PM



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