Originally Posted by Zell
I don't care about them being here in general. I care if they pay taxes. There is no such thing as a free lunch. People that don't pay taxes = not cool.
Sadly, there is plenty of "free lunch" out there. 47% of households paid ZERO federal income taxes for 2009*, after all deductions, credits and exemptions were counted. Of those, quite a few actually got back more money than they had withheld. So not only is there "free lunch" but some have been paid in addition to their "free lunch"!!
*Now, this does exclude the taxes they pay for Social Security and Medicare (7.65% employee paid), but we ALL pay those taxes, regardless of income levels.
Nealy Half of US Households pay no income tax
My wife is a CPA that does taxes. She's prepared (grumpily) a few of those tax returns where the filer not only gets all their withholding back, but the other credits too so they got back more than they paid in.