In response to:

Taxing the Poor

PMcQB Wrote: Dec 12, 2012 9:55 AM
These are issues that are of no interest to the average obama voter. They are too buys patting themselves on the back for voting for a (half) black man.
mdegtyar Wrote: Dec 12, 2012 1:09 PM
I guess, after the Obama fiasco will be evident in say 2016,
the next black candidate will have a hard time to prove his worthness
even If he will be indeed a "good" candidate

With all the talk about taxing the rich, we hear very little talk about taxing the poor. Yet the marginal tax rate on someone living in poverty can sometimes be higher than the marginal tax rate on millionaires.

While it is true that nearly half the households in the country pay no income tax at all, the apparently simple word "tax" has many complications that can be a challenge for even professional economists to untangle.

If you define a tax as only those things that the government chooses to call a tax, you get a radically different picture from...