When it comes to the topic of income taxes, we’re
always hearing from the Democrats about the importance of everyone paying their
“fair share.” But rarely do we ever hear
anyone, Democrat or Republican, explain exactly what one’s fair share might be. But I have a very hard time believing that
ANYONE’S fair share should be zero. And
yet, of the 150,493,263 filers who submitted individual income tax returns to
the Internal Revenue Service for the 2015 tax year, only 99,040,729 paid any
income tax at all. So it would seem that
some folks’ share is more ‘fair’ than others.
And together those Americans paid a record
$1,457,891,441,000 in total income taxes, for an average of $14,720 per taxpayer. The other 51,452,534, or about 34 percent of
all filers, did not pay a penny. Their
average income tax payment was $0. This
is a fundamental divide in the American tax system. On one side are those who do pay taxes; on the
other, those who don't. But the divide
gets worse because there were 30,417,609 filers who while they did not pay any income
taxes they still managed to receive $89,614,869,000 in cash back from the
federal government.
In other words, those folks essentially received
$89,614,869,000 in ‘free’ money. We know
this because the IRS tells us so. The
IRS calls this nearly $90 Billion in cash that the federal government paid to
tax-return filers who paid no taxes the “refundable portion” of “refundable
credits.” They explained it in their report
on the individual income taxes it collected for 2015 that, “Refundable credits
were broken out into three parts: the portion used to offset income tax before
credits, the portion used to offset all other taxes, and the refundable
portion.” Typical IRS mumbo-jumbo.
This IRS report said, “In total, taxpayers claimed
$105.3 billion in refundable tax credits.” Adding, “Of this, $5.7 billion was
applied against income taxes and $10.0 billion against all other taxes. The
remaining $89.6 billion in refundable credits was refunded to taxpayers.” That is to say it was “refunded” to
“taxpayers” who paid no income taxes. And
this was not a boon for the “rich.” According
to data published in the report, 27,786,931, or about 91 percent, of the 30,417,609
tax-return filers who did get a “refundable portion” had an adjusted gross
income of less than $40,000.
So who was it that actually ended up paying the
taxes the federal government needed in order to send that $89,614,669,000 to
those 30,417,609 who paid no income tax at all?
One major contributor was a group that the IRS refers to as “married
persons filing jointly.” In 2015, again according
to the IRS report, 54,294,820 belonged to this group, with 41,551,043 joining
the side who did pay taxes, and 12,743,777 joining the side who did not. Thus, while 34 percent of all filers paid no
income taxes, only 24 percent of married couples filing jointly paid no income
taxes.
The 41,551,043 married couples filing jointly who
did pay income taxes accounted for only 28 percent of all 150,493,263 filers. But they made up about 42 percent of the
99,040,729 filers who did pay income taxes.
More tellingly, of the record $1,457,891,441,000 in total income taxes
the IRS collected for tax year 2015, married couples filing jointly paid
$1,040,684,097,000 of it, or about 71 percent. So, married couples filing jointly constituted
only 42 percent of filers who actually paid income taxes, but they paid 71 percent
of the income taxes.
These 41,551,043 taxpaying married couples paid an
average of about $25,046 in federal income taxes in 2015. Now, some may say: But there are two people
in a married couple who file jointly; of course they should pay more taxes than
a single person. But did single people
filing tax returns pay half as much as married couples? The IRS says 71,086,947
single persons filed tax returns in 2015. Of these, 23,345,062, or 33 percent, paid no
income tax. The 47,741,885 who did, paid
$326,342,729,000. That’s an average of about
$6,836 per taxpaying single person.
At that rate, it would take 3.66 taxpaying singles
to surrender to the federal government the same income tax as one taxpaying
married couple. The bottom line here is
that the federal government is financially dependent on income tax-paying
married couples who jointly file their tax returns, and it has made 30,417,609
filers who pay no income taxes dependent on government by handing them $89,614,669,000
in a single year. It’s very little that
seems to be all that fair about this arrangement, but that said there seems to
be no one the least bit interested in changing it.
And unfortunately, the recently passed tax bill does
nothing to correct any of this. It still
pays $1400 refunds to the many welfare loafers who don’t pay any taxes, because
they don't work and don't own any house/land so they don't pay any property
taxes, which support the schools who feed their fatherless kids with free
government cheese and hands them the latest laptop on which to play computer games,
while they watch cable TV in their taxpayer funded apartments. And mommy is still allowed to vote for the
politician who promises her the most ‘free’ stuff because she's ‘entitled.’
So work harder all you married, responsible people,
the ‘poor’ are depending on you to give them all they have and never worked
for. But hey, it would seem that that is
what has now become the new normal. After
all, why would any of those who have grown rather accustomed to their free ride
EVER vote for anyone who talked about having them actually pay their fair share
instead of mooching off the rest of us.
Plus the Democrats now have folks thoroughly convinced that they are
entitled to their free ride because they are somehow to be considered as
victims of an unfair society.
And lastly, it was shortly before the Senate passed
the new tax bill 51-48, that we heard from one of the nuttier leftwing kooks in
the Senate, on the Democrat side, Chris Murphy, who made the claim that the Republicans
“will probably lose the House and the Senate” in 2018 because of the Republican
tax reform bill. And Murphy said
“absolutely,” Democrats will try to overturn the tax legislation if they do
regain control of Congress in the midterm elections. So as far as I’m concerned that’s but one
more reason on an already very long list of many why not to vote Democrat!
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