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OFF TOPIC DISCUSSIONS => National - International - Global News Around the World => Topic started by: DUNBAR PLUMBING on April 08, 2010, 12:16:16 AM

Title: 2009 Rearing its Ugly Head with nearly 50% of Americans not paying Federal Taxes
Post by: DUNBAR PLUMBING on April 08, 2010, 12:16:16 AM

WASHINGTON (AP) -- Tax Day is a dreaded deadline for millions, but for nearly half of U.S. households it's simply somebody else's problem.

About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. That's according to projections by the Tax Policy Center, a Washington research organization. See more...

http://finance.yahoo.com/news/Nearly-half-of-US-households-apf-1105567323.html?x=0&.v=1


This was bound to happen, anyone could of predicted this was coming. With nearly half the americans not paying into the system, it is certainly an unfair one. Problem is, this slanted situation will never change, in any way. The independently wealthy will support the working class indefinitely, forever. There's simply no way around it.

The only suggestion worth making is to tighten your boot straps and expect more of the same, it will become more difficult in the years to come. No way around that situation.

Title: Re: 2009 Rearing its Ugly Head with nearly 50% of Americans not paying Federal Taxes
Post by: DUNBAR PLUMBING on April 08, 2010, 12:19:25 AM

Here is a thread that is started that will definitely get responses. Seems that political discussions can always go the distance given these economic times.


        http://www.ridgidforum.com/forum/showthread.php?p=291624#post291624