How do you get so many easily checked facts wrong? Why would you guess when you can look it up? Amazing. Since the post you responded to referenced Federal Income Taxes, I will restrict my comment to that and not consider FICA, which everyone who gets a W-2 pays. In 2021, 57% of households had no Federal Income Tax liability in 2021. The number will be less in 2022.
Quote:
Originally Posted by jimjamuser
Paragraph 4.......The only way a worker could pay ZERO to the Federal Government is to be making the old minimum wages in some states and be married and have about 5 children. I would guess that 80% of all workers are paying something INTO the Federal Government which is getting the benefit of the "time value of money". I would NOT allow that many exemptions if I were making the laws so there would NOT be "50% of the people paying ZERO and getting $1,000s back". I imagine that the Federal Government does that because it is more efficient in preventing starving people on the streets than by paying OUT more in food stamps and housing allowances. Since the US middle class has been "outsourced" to China and created and built up their middle class, now WE HAVE no real MIDDLE CLASS ........so we have to pay for OUR non-working middle class. And the uber-rich laugh all the way to the bank !
And it is my 1st and 2nd paragraph (that were ignored) that were the more IMPORTANT paragraphs. Where I gave the History from 1950-on about how US greed partnered up with China to decimate the US middle class. And I stated the FACT that subsequent generations kept being LESS well-off than their prior generations. That, I believe, was my "EVERYBODY KNOWS" statement that another poster had some (?) problem with.
It is interesting that I just read this morning an article saying that some US companies are moving their manufacturing operations BACK from China to Mexico to punish China and get cheaper shipping. They MUST have read my recent posts. I guess that after Mexico becomes less attractive to them (murders of executives and etc.) they will move back to the US South. And then to get cheaper electrical energy or smarter workers, they will move back to NorthEastern US.........which is where they started in the 1950s. Humorous isn't it????? Like the circles that you find in the windmills of your mind.
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