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?
obama is gone but the income tax remains to suck America down the rathole
Sadly, I was not one of the 52 million.
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.
Wasn’t the percentage of households not paying tax 47% in 2012?
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!
Needs a BARF alert
And, of course, 99.9999999999999999999999% of them voted dimbulbcrat.
52 million deadbeats not paying their fair share. Primarily the base of the democrat party, I’m sure.
If one has a Record Collection, one has to pay taxes?
That’s ok. The rest of us picked up their tab.
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”.