Occupy Wall Street Movement

[MasterRok]

ok I thought this was an occupy wall street thread, I think the people I've seen and heard from on wall street are dangerous, I'm hearing things like I want my fair share, well what the hell is your fair share? give me a number and we'll discuss it but the fair share I keep hearing is 100% I want my college paid for free, I want my student loans to be forgiven, and make the banks forgive everyone's debt. If that happens this great free country we live in falls on it's ass and mark my words, you will lose the freedom to speak, the country is headed towards a bad place and it been created by parents and college prof's (and yes I'm a parent and have said this myself) I want my kids to have it better than I did, not to have to work so hard and be able to get ahead.....we've made a bunch of whining pussy's who think because some lives in a nice house and gets paid more money, the whiner deserves the rich to support him too and if you disagree with them your cussed at and told how stupid you are.



just a note for some to think about: About 46 percent of American households will pay no federal individual income tax in 2011, roughly half of them because of structural features of the income tax that provide basic exemptions for subsistence level income and for dependents. The other half are nontaxable because tax expenditures— special provisions in the tax code that benefit selected taxpayers or activities—wipe out tax liabilities and, in the case of refundable credits, yield net payments from the government. Provisions that benefit senior citizens and low-income working families with children particularly affect households with income under $50,000 but other factors make higher-income households nontaxable.

Just 54 percent of all tax units will pay federal individual income tax in 2011, leaving about 46 percent paying no federal income tax or receiving a net refund. The significant fraction of tax units that do not pay income tax has become a topic of public debate. Some commentators have suggested that the large share paying no income tax is mostly the result of tax expenditures (sometimes referred to as "loopholes" or "tax earmarks"). If that were so, nearly all tax units would pay income tax under a reformed income tax with no tax expenditures. In fact, however, even with all tax expenditures repealed, standard income tax provisions that exempt a basic amount of income would still leave many units nontaxable.

this comes from http://www.taxpolicycenter.org/publi...cfm?ID=1001547