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.

a family of four making as much as $50,000 will owe no federal income tax for 2009.

tax cuts for low- and middle-income families are rarely, if EVER mentioned…

The result is a tax system that exempts almost half the country from paying for programs that benefit everyone, including national defense, public safety, infrastructure and education. It is a system in which the top 10 percent of earners — households making an average of $366,400 in 2006 — paid about 73 percent of the income taxes collected by the federal government…

The bottom 40 percent, on average, make a profit from the federal income tax, meaning they get more money in tax credits than they would otherwise owe in taxes. For those people, the government sends them a payment.

We have 50 percent of people who are getting something for nothing…people simply look at the difference between their gross pay and their take-home pay, people think that their Social Security taxes, their 401(k) contributions, their share of employer health premiums, all of that stuff in their mind gets lumped into income taxes…

H/T Jared Law:

74% Say They Should Pay No More Than 20% of Their Income in Taxes

74% Say They Should Pay No More Than 20% of Their Income in Taxes

Thursday, April 07, 2011

While a majority U.S. Voters says the average American shells out 30% or more of their income in taxes, most believe they should pay no more than 20%.

A new Rasmussen Reports national telephone survey finds that 52% of Likely Voters say, when thinking about all federal, state and local taxes, the average American pays 30% or more of their income in taxes. Thirty percent (30%) believes the average American pays 20%, while 10% say they pay 10% of their income in taxes. These findings show little change from early April of last year.

When asked what the average American should pay in taxes, 74% of voters say they should pay no more than 20% of their income.

Only 19% think the American taxpayer should dish out 30% or more. These findings, too, show little change from April 2010.

According to www.taxfoundation.org, Americans pay approximately 28% of their total income in taxes.
Roughly two-out-of-three voters (64%) think Americans are overtaxed, and nearly as many say any federal tax increase should be subject to a vote by the American people.
http://www.rasmussenreports.com/public_content/business/taxes/april…