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8. August 2011, 22:13:11 A positive income liability.. would you explain that to me Dan. "A positive income tax liability is the amount of income tax that a taxpayer owes to the federal government after subtracting all of their deductions (e.g., standard deduction/itemized deductions and deduction for personal exemptions) from their income and taking into account non-refundable tax credits (other than the child tax credit). For example, if a married couple filing jointly with two children receives $26,000 of income and takes the standard deduction of $10,900 as well as the deduction for personal exemptions of $13,600, their taxable income would be $1,500. Based on this taxable income, their positive income tax liability would be $150." Is this right? 8. August 2011, 22:35:02 Subject: Re:  (V): Since you got that off the net, I can only assume that it is. But it's not the point I made. I actually sent you the official government report. hmmmmmm 9. August 2011, 01:07:14 Subject: Re:  Artful Dodger: London...they are talking about bringing in the army, as the police can't control the rioters...looks like "London is burning" during a REAL war...unemployed with nothing better to do most of them. :( 9. August 2011, 02:00:38 Subject: Re: Bernice: People who think they are entitled to more than they are getting can be that way. The left is like that here as is the radical right. Moderate left isn't but most left leaning people are in the category of mob mentality. And multiculturalism is a dismal failure. Sad but we've all been duped. 10. August 2011, 00:44:20 Subject: Re:Talking about  Bernice: There has been some riots yes but nothing the police cannot deal with. Most of it is rumour spreading via facebook and not rioting on streets. 10. August 2011, 01:08:51 Subject: Re:Talking about Modified by Bernice (10. August 2011, 01:12:34) Mousetrap: well I dont know where they are getting the TV films from then.....surely they can't be staged....there is rioting alright, nothing can change that not only that, it has spread so far north....innocent people losing property and possessions...disgusting. 10. August 2011, 01:11:04 Subject: Re:Talking about Bernice: Oh yes there is in London. But London is a big city. Take a look at the rioting reported in Manchester on tv and you will see one rioter and about 5 police in full protective gear  10. August 2011, 01:12:17 Subject: Re:Talking about Mousetrap: When I participate in riots, I give them one of these:  10. August 2011, 01:14:54 Subject: Re:Talking about and when I participate I give Artful Dodger: One of those is enough to stop any riot! 10. August 2011, 01:15:47 Subject: Re:Talking about and when I participate I give Mousetrap: I've been a secret weapon of the police here.  10. August 2011, 01:19:58 Subject: Re:Talking about and when I participate I give Artful Dodger: We need you over here. Come quick!  10. August 2011, 01:29:11 Subject: Re:Talking about and when I participate I give 10. August 2011, 01:36:09 Subject: Re:Talking about and when I participate I give Artful Dodger: 10. August 2011, 07:38:23 Mousetrap: Liverpool, Manchester, Birmingham, Bristol... but as you said...not too much......RUBBISH 9. August 2011, 11:28:47 Subject: Re: Artful Dodger: You quoted a paper saying.. "52% .. positive income liability" You quote another paper saying.. "Just 54 percent of all tax units will pay federal individual income tax in 2011, leaving about 46 percent paying no federal income tax or receiving a net refund." and ... "Of the 38 million tax units made nontaxable by the addition of tax expenditures, 44 percent are moved off the tax rolls by elderly tax benefits and another 30 percent by credits for children and the working poor (see chart 2 and table 2). The other six groups of tax expenditures have much less impact, each making 6 percent or fewer units nontaxable." Please explain. |
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