Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

‘Taxpayers bring their racial identity onto their 1040’: White families are reaping over 90% of the benefit from this powerful tax rule
Marketwatch ^ | Jan 23, 2023 | Andrew Keshner

Posted on 01/24/2023 5:13:20 AM PST by where's_the_Outrage?

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-67 next last
To: where's_the_Outrage?

Racist white people. Working hard, educating themselves, saving and investing wisely, starting businesses....

Tax credits for watching the Lakers, rapping with Snoops, pushing the crack and hoes.......that’s what we need. Fool......


21 posted on 01/24/2023 5:38:44 AM PST by vespa300
[ Post Reply | Private Reply | To 1 | View Replies]

To: Red Badger

I’m with you all the way.


22 posted on 01/24/2023 5:39:31 AM PST by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: HighSierra5

No worries. It will all be straightened out with reparations.


23 posted on 01/24/2023 5:40:33 AM PST by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
[ Post Reply | Private Reply | To 22 | View Replies]

To: George from New England

If they know you are white, you will be slated for extermination. (Eventually this WILL happen)


24 posted on 01/24/2023 5:41:04 AM PST by scottiemom (As a retired Texas public school teacher, I highly recommend private school. Written in 2015.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: fwdude

“Racism” behind every bush.
“Racism” behind every Clinton.
“Racism” behind every Obama...................


25 posted on 01/24/2023 5:41:49 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 6 | View Replies]

To: HighSierra5

It is our sacred duty as Americans!...............


26 posted on 01/24/2023 5:42:21 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
[ Post Reply | Private Reply | To 22 | View Replies]

To: Chauncey Gardiner

“How can you benefit from tax breaks if you don’t pay taxes...”

In the present system, this is actually quite simple for low income people.


27 posted on 01/24/2023 5:43:03 AM PST by The Antiyuppie (When small men cast long shadows, then it is very late in the day)
[ Post Reply | Private Reply | To 18 | View Replies]

To: where's_the_Outrage?

I stand corrected. Good catch.


28 posted on 01/24/2023 5:43:38 AM PST by rbg81
[ Post Reply | Private Reply | To 12 | View Replies]

To: where's_the_Outrage?

I guess I just assumed that the article was so biased that it would not touch on any factoid that contradicted the “systematic racism” narrative. So that was my bias.


29 posted on 01/24/2023 5:45:14 AM PST by rbg81
[ Post Reply | Private Reply | To 12 | View Replies]

To: where's_the_Outrage?

Odd, your race is not required on your 1040, 1120 or any other tax income reporting forms.

How does the Treasury know, or Marketwatch know?

Odd.

5.56mm


30 posted on 01/24/2023 5:47:01 AM PST by M Kehoe (Quid Pro Joe and the Ho have got to go.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

“..What crap. It’s not race, it’s whether you’re working, saving, and actually paying taxes. ...”

^THIS^
Pure, total, unadulterated, BS of the first degree.
I”m so sick of these racist bassturds.
They make up racism where there is no racism, then try to shove it down the throats of the People.
They need to get a frickin’ life and stay to hell out of everybody else’s.


31 posted on 01/24/2023 5:48:23 AM PST by lgjhn23 ("On the 8th day, Satan created the progressive liberal to destroy all the good that God created...")
[ Post Reply | Private Reply | To 1 | View Replies]

To: joshua c
IRS tax forms do not collect data on race and ethnicity, so researchers used predictive models and estimates based on tax-return data samples to reach their findings.

...

We use total income, filing status, age, number of dependents, sex, first name, last name, and the ZIP Code Tabulation Area (ZCTA) of the residence as the explanatory variables to make inferences about the race and Hispanic origin category of the primary taxpayer of a filing unit or family. We apply Bayesian inference to estimate the probabilities that each taxpayer in our tax sample is in each of the 6 racial and Hispanic origin groups—White, Black, American Indian or Alaska Native (Native), Asian or Pacific Islander (API), multiple-race, and Hispanic— given the explanatory variables

32 posted on 01/24/2023 5:48:40 AM PST by DoodleBob ( Gravity’s waiting period is about 9.8 m/s²)
[ Post Reply | Private Reply | To 16 | View Replies]

To: where's_the_Outrage?

What the hell are they talking about? I am 63 years old still working and have been since i was 12. I have paid and still do my share of taxes. I have learned and seen throughout my life ,you have to work to get anything if your white. If you’re a minority you get sh!t handed to you all the time. I am sick and tired of hearing and seeing this Bull Crap!!!!!My Grandfather is spinning in his grave. I guess that makes me a racist.


33 posted on 01/24/2023 5:52:52 AM PST by spincaster
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

Did they discover this before or after they investigated? Ain’t Communism wonderful.


34 posted on 01/24/2023 5:54:54 AM PST by bray ("The Republic of Texas" explains everything )
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

What utter tripe. I’m not white and I make use of all the deductions and tax offsets legally available to me. This is a case of correlation of data that this reporter is trying to insinuate into a race issue.


35 posted on 01/24/2023 5:58:32 AM PST by NohSpinZone (First thing we do, let's kill all the lawyers)
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

“but the tax code’s provisions play out very differently for white families compared to families of color, new research says”

So there is no place on tax forms that ask what race you are. Who paid for this “research”?


36 posted on 01/24/2023 6:02:23 AM PST by antidemoncrat
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

Ultra TurboTax, just for whitey.


37 posted on 01/24/2023 6:04:23 AM PST by blackdog ((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

Some people work and acquire property. Some are more easily satisfied trading their vote for a free cell phone and an EBT card.


38 posted on 01/24/2023 6:09:52 AM PST by bk1000 (Banned from Breitbart)
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

If only blacks could deduct their operating expenses for drug and pimping activities, it would be more fair.

If they could deduct for gun purchases it would held a great deal.

You know its expensive to run a gang on the block, so their should be some sort of expensing allowed.


39 posted on 01/24/2023 6:18:02 AM PST by PIF (They came for me and mine ... now its your turn)
[ Post Reply | Private Reply | To 1 | View Replies]

To: where's_the_Outrage?

“White families are pulling in . . . more than 90% of the tax benefits from itemized charitable deductions . . .”

Now that other colors have caught onto this scam whites are using, they too can use it to “pull in” tax benefits by giving away large sums of their money to charitable groups.


40 posted on 01/24/2023 6:26:08 AM PST by jeffersondem
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-67 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson