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As part of the deal, Obama agreed to drop the Making Work Pay credit that was created as part of the stimulus package, and replace it with a lower payroll tax. That lost credit -- of $400 or $800 -- is greater than the amount low-income earners will save from the lower payroll tax, meaning, in total, they will pay more.
Originally posted by jjkenobi
Poor people don't pay taxes!!!!
Sorry, the bottom 50% of American workers pay just 3% of the federal taxes which is miniscule. And if you're in the top 50% then you aren't poor. Just because you don't have much money left over after paying your mortgage, car payment(s), cell phone bill, internet bill, etc does not mean you are poor.
Originally posted by jjkenobi
Poor people don't pay taxes!!!!
Sorry, the bottom 50% of American workers pay just 3% of the federal taxes which is miniscule. And if you're in the top 50% then you aren't poor. Just because you don't have much money left over after paying your mortgage, car payment(s), cell phone bill, internet bill, etc does not mean you are poor.
Poor people don't pay taxes!!!!
Sorry, the bottom 50% of American workers pay just 3% of the federal taxes which is miniscule. And if you're in the top 50% then you aren't poor. Just because you don't have much money left over after paying your mortgage, car payment(s), cell phone bill, internet bill, etc does not mean you are poor.
Originally posted by jjkenobi
Poor people don't pay taxes!!!!
Sorry, the bottom 50% of American workers pay just 3% of the federal taxes which is miniscule. And if you're in the top 50% then you aren't poor. Just because you don't have much money left over after paying your mortgage, car payment(s), cell phone bill, internet bill, etc does not mean you are poor.