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The Tax Code is an $89.6 Billion Welfare Program

carpro

Well-Known Member
Site Supporter
30,417,609 Paid $0 Income Taxes, Got $89.6 Billion Back


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.

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 34.2 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.

And the divide gets worse.

There were 30,417,609 filers who did not pay income taxes and received $89,614,869,000 in cash back from the federal government.

In other words, they got $89,614,869,000 in welfare payments.
 

rlvaughn

Well-Known Member
Site Supporter
It's funny how many talk of getting money "back" from the IRS when they never put any in in the first place!
 

Judith

Well-Known Member
Site Supporter
We need a flat percentage tax rate the same for every wage earner, with no deductions, no exemptions, and no exceptions.
 

Salty

20,000 Posts Club
Administrator
It's funny how many talk of getting money "back" from the IRS when they never put any in in the first place!
They think they pay taxes - because of payroll taxes. If they get it ALL back - it just means they loaned the govt that amount of money interest free!
 

rlvaughn

Well-Known Member
Site Supporter
I didn't mean someone who gets it all back -- which would be, as you say, as interest free loan -- but those who get back more refund than they paid in. That is the government redistributing the money of its citizens.
 

thatbrian

Well-Known Member
Site Supporter
It's funny how many talk of getting money "back" from the IRS when they never put any in in the first place!

Yes. It's even more "funny" that they credit the IRS as the source. The IRS has no money to give anyone. It was my money that they took from me and gave to someone else.

Also for those who have paid too much and receive a refund. It's their own money, so they should also not credit the IRS as the source, as it's their own money they got back.
 

Salty

20,000 Posts Club
Administrator
I saw a meme the other day - a person goes to a burger joint - bill = $7.50 - givesthe clerk a 20.00 dollar bill.
When the transaction the customer says - "Thank you for the gift of $12.50"

Uh - that was your money to begin with!
 
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