jwellnitz

4 ms·

1. 1.▲
   by jwellnitz 12y ago

   You might not see a dollar's worth of return in a dollar's tax, but that's probably because you've never lived in a failed state (like Syria is sadly now). If you live in the U.S. and have the time and energy to post com
2. 2.▲
   by jwellnitz 12y ago

   The Earned Income Tax Credit (EITC). It's an example of a negative tax rate. It's not actually a stupid question. It's actually nice to never have been in a position to find out (you have to work but make very little money)
3. 3.▲
   by jwellnitz 12y ago

   Why does it matter when the tax payer gets something back? And do I get nothing back from the income taxes I pay today? If I pay income taxes today to buy a ship for the U.S. Navy, and that ship is used 10 years later to defend the port w
4. 4.▲
   by jwellnitz 12y ago

   Interesting game theory question: if we assume that "both sides" of the political spectrum always play that game, how should politicians respond? By being more honest (and still be assumed to be playing that game) or by being les
5. 5.▲
   by jwellnitz 12y ago

   Note the word "income" - this kind of "X% of earners pay Y% of income taxes quote" deliberately excludes what are called "payroll taxes" in the U.S. Payroll taxes (basically Social Security and Medicare taxes)