By: Bryan

Bryan — Wed, 12 Oct 2011 16:24:45 +0000

My income taxes have been low to non-existent for some time, but it wasn’t my choice, and the FICA tax never stopped. The ‘investment advisors’ are always trying to get people into ‘tax-free’ investments – it is part of their holy writ to avoid paying taxes on anything. Hell, some have convinced their clients that taxes are applied to the principal of savings accounts or CDs, not just the interest.

It is the people who make the conscious decision to avoid taxes who are the real ‘moochers’ – they want a free ride.

By: Steve Bates

Steve Bates — Wed, 12 Oct 2011 15:43:37 +0000

If the implication is that people who don’t pay income tax are too lazy to work, I might agree with them if they referred to upper-income folks who manage by one and another tax dodge to pay zero. Yes, those people might be lazy, and whether or not that is true, they are certainly non-contributors to the cost of the infrastructure they use. (I almost said “the air they breathe,” but they contribute plenty to the air by burning more fossil fuels than most of the rest of us who don’t own private jets.)

If they’re referring, as seems to be the case, to lower-income people, then they are not thinking about the full implications of not paying income tax. I haven’t owed any income tax in a couple of years, but damn, I paid plenty of ’em back when I could find work. I am unashamed of my membership in the 99% and the 47%. It wasn’t my choice to become a nonprofit…

Comments on: The 53% ‘Con’

By: Bryan

By: Steve Bates