45 percent of Americans pay no federal income tax

[townpete]

Another liberal lie goes up in smoke.
 
Roughly half pay no federal income tax because they have no taxable income, and the other roughly half get enough tax breaks to erase their tax liability, explains Roberton Williams, a senior fellow at the Tax Policy Center.
 
Despite the fact that rich people paying little in the way of income taxes makes plenty of headlines, this is the exception to the rule: The top 1 percent of taxpayers pay a higher effective income tax rate than any other group (around 23 percent, according to a report released by the Tax Policy Center in 2014) — nearly seven times higher than those in the bottom 50 percent.
 
On average, those in the bottom 40 percent of the income spectrum end up getting money from the government. Meanwhile, the richest 20 percent of Americans, by far, pay the most in income taxes, forking over nearly 87 percent of all the income tax collected by Uncle Sam.

 

[delldude]

When are the socialism supporters who actually work, going to get tired of picking up the tab?

 

[700UW]

Well look here:
 
http://moneymorning.com/2015/05/21/chart-u-s-corporations-that-pay-no-taxes/

 

[townpete]

Well look here:
 
http://moneymorning.com/2015/05/21/chart-u-s-corporations-that-pay-no-taxes/

 
You seem confused on what personal income is.
 
Don't let the facts....well you know the rest.
 
lol

 

[700UW]

You clearly dont get it.
 
I was pointing out the hypocrisy of corporate America who dont pay taxes.

 

[townpete]

Well look here:
 
http://moneymorning.com/2015/05/21/chart-u-s-corporations-that-pay-no-taxes/

 
From your link:
 
By keeping their cash parked overseas, companies like CBS avoid triggering U.S. corporate taxes. Instead, they take advantage of foreign tax structures that are much more forgiving. You see, according to Cato Institute research, the U.S. has the highest corporate tax rate among major industrial nations. Its effective tax rate of 35.6% on new corporate investment is nearly twice the average rate for the 90 countries studied.
 
That's your much loved liberal progressive tax policy at work.
 
The more you tax it, the less revenue you'll receive.

 

[townpete]

You clearly dont get it.
 
I was pointing out the hypocrisy of corporate America who dont pay taxes.

 
That's not what hypocrisy means.  
 
hy·poc·ri·sy

həˈpäkrəsē/

noun
 

1. 
   
   
   
   the practice of claiming to have moral standards or beliefs to which one's own behavior does not conform; pretense.
   
   
   
   

 

[700UW]

 
 
That's not what hypocrisy means.  
 
hy·poc·ri·sy

həˈpäkrəsē/

noun
 

1. 
   
   
   
   the practice of claiming to have moral standards or beliefs to which one's own behavior does not conform; pretense.
   
   
   
   

 

 
 


Simple Definition of hypocrisy

• 
  : the behavior of people who do things that they tell other people not to do : behavior that does not agree with what someone claims to believe or feel
  

 

[townpete]

 
 
 
Simple Definition of hypocrisy

• 
  : the behavior of people who do things that they tell other people not to do : behavior that does not agree with what someone claims to believe or feel
  

 

 
 

You clearly dont get it.
 
I was pointing out the hypocrisy of corporate America who dont pay taxes.

 
You clearly never get it.
 
How is corporate america practicing hypocrisy?

 

[delldude]

You clearly dont get it.
 
I was pointing out the hypocrisy of corporate America who dont pay taxes.

 
Nice attempt at CYA.
 
While you're on the subject, corporations enjoy their tax bonanza's from bipartisan created tax law, which many in Congress take advantage of too.
 

 
 
 
Simple Definition of hypocrisy

• 
  : the behavior of people who do things that they tell other people not to do : behavior that does not agree with what someone claims to believe or feel
  

 

 
You need to mount this on your wall.

 

[townpete]

You clearly dont get it.
 
I was pointing out the hypocrisy of corporate America who dont pay taxes.

 
I seemed to have missed corporate america telling people to pay their taxes while not (legally) paying theirs.
 
You have a link?
 
Also it's noteworthy that what they are doing is perfectly legal and acceptable.
 
Maybe if liberals weren't so tax hungry and wasteful with what they get, then we wouldn't be having this conversation.

 

[townpete]

 
Nice attempt at CYA.
 
While you're on the subject, corporations enjoy their tax bonanza's from bipartisan created tax law, which many in Congress take advantage of too.
 
 
You need to mount this on your wall.

 
No joke.

 

[townpete]

You clearly dont get it.
 
I was pointing out the hypocrisy of corporate America who dont pay taxes.

 
If you want to see proper use of the term please see here: http://www.airlineforums.com/topic/59404-gun-threads-merged/page-59#entry1221578