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1 posted on 04/18/2017 5:43:31 PM PDT by Olog-hai
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To: Olog-hai

Sheesh, now they’re taxing people with record collections!

I have 4000 LPs, and didn’t owe any Federal tax in 2016. Should I be worried?


2 posted on 04/18/2017 5:47:24 PM PDT by proxy_user
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To: Olog-hai

obama is gone but the income tax remains to suck America down the rathole


4 posted on 04/18/2017 5:55:42 PM PDT by faithhopecharity ("Politicans are not born, they're excreted." -- Marcus Tillius Cicero)
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To: Olog-hai

Sadly, I was not one of the 52 million.


5 posted on 04/18/2017 5:56:17 PM PDT by Pearls Before Swine
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To: Olog-hai

“In total, taxpayers claimed $105.6 billion in refundable tax credits,” said the IRS report. “Of this, $5.5 billion was applied against income taxes and $9.8 billion against all other taxes. The remaining $90.3 billion in refundable tax credits was refunded to taxpayers.” …


Do we call it welfare or economic stimulus?


6 posted on 04/18/2017 5:56:39 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: Olog-hai

Wasn’t the percentage of households not paying tax 47% in 2012?


7 posted on 04/18/2017 5:59:46 PM PDT by oincobx
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To: Olog-hai
Nonetheless, of the 148,606,578 individual income tax return filers that year, 52,062,499 (or 35 percent) filed what the IRS calls “nontaxable returns,” which means they paid no net individual income taxes.

I want these 52 million nontaxable returns published! What are they hiding from the public? Let's organize protest marches and vandalize property and terrorize motorists until those 52 million returns are published! They are thieves taking perks paid for by me. I want names and I want them to pay a fair share, or at least some money. Not fair!

10 posted on 04/18/2017 6:04:15 PM PDT by roadcat
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To: Olog-hai

Needs a BARF alert


11 posted on 04/18/2017 6:10:04 PM PDT by Third Person (Without double standards the left would have no standards at all.)
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To: Olog-hai

And, of course, 99.9999999999999999999999% of them voted dimbulbcrat.


15 posted on 04/18/2017 6:13:49 PM PDT by Da Coyote
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To: Olog-hai

52 million deadbeats not paying their fair share. Primarily the base of the democrat party, I’m sure.


18 posted on 04/18/2017 6:20:12 PM PDT by meyer (The Constitution says what it says, and it doesn't say what it doesn't say.)
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To: Olog-hai

If one has a Record Collection, one has to pay taxes?


20 posted on 04/18/2017 6:36:20 PM PDT by Paladin2
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To: Olog-hai

That’s ok. The rest of us picked up their tab.


26 posted on 04/18/2017 7:46:36 PM PDT by bgill (CDC site, "We don't know how people are infected with Ebola")
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To: Olog-hai

If the “AMT” really did what it says, there would be no such thing as these 52 million. It should not be possible for ANYBODY to use deductions and credits to reduce their tax bill below a certain level. There should be an AMT that ensures everyone pays the “greater of 10% AGI or whatever the regular tax code requires”.


30 posted on 04/18/2017 10:08:44 PM PDT by Kellis91789 (We hope for a bloodless revolution, but revolution is still the goal.)
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