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In response to:

Devious Taxation

bigshow2 Wrote: Apr 25, 2012 9:50 AM
Ken either forgets or doesn't know that most of the poor people get refunds of tax credits more than sufficient to pay them back for FICA and Property and Sales Taxes. Consider a single parent with 2 children making $20000 in wages. With no fed tax withheld, this person would still get a refund of over $6000 from EIC and Child Tax Credit. Subtracting the $1130 withheld for FICA would still leave this person more than $5000 to offset state tax, sales tax and property tax. Conclusion: this person pays NO tax at all.
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