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- Nov 3, 2010
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Yes and why exactly is that.... because they are not earning enough to be able to pay freaking income tax. Seriously this discussion.. or debate from the US right always forgets to mention WHY there are so many that dont pay taxes.
Looking at the income distribution... 70+% of Americans earn LESS than the median income... and if we use the OECD standard for poverty (60% of the median income of a country) then a whopping 55% of American's live in or are close to poverty. (Note by population I mean between 15 and 65 years of age).
So there is a reason so many American's dont pay taxes.. because their income is below the many deductibles there are out there........
so let me ask you this... is 30 k a year middle class?
I always seem to have to point this out. Thanks for doing it for me this time!
Half of the US population is lower class right now, making so little that we deem them too poor to contribute. Isn't that just plain stupid? From an economic point of view, wouldn't it be better for these people to be making enough to live comfortably, paying taxes, consuming luxuries, and putting money through the economy? A wealthy nation is built on a vast middle class, not upon the backs of the destitute. Get those 47% out of poverty, and we will ALL be richer for it.