ad into this the fact that 47.39% of households make less than 25k a year and the reasoning behind not taxing the working poor (with families) becomes evident.
No need to get your panties in a twist here. itsthepopei said "households" when he should said "individuals". A semantic mistake. I make mistakes too. But it doesn't detract from his point about the pointlessness of taxing poor people.Here Is Your Problem!©: Economic Illiteracy.
The US Census Bureau (which is not owned by oh-so-evil Fox News) begs to differ:
For 2009, the latest year available, the median US household income was:
USD 49,777.
...or almost twice the number you reported.
But yes, indeed, we're all poor compared to the Sultan of Brunei. Why don't we let him pay the whole world's taxes.![]()
Household incomes are much higher because 42% of US households have two or more income earners.
According to the US census bureau 47.39% of American individuals over the age of 25 earn less than 25K per year. 75.40% of them earn less than 50k. 25k a year is what? About 12 dollars an hour? = dirt poor in the USA.
Personal income in the United States - Wikipedia, the free encyclopedia
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