Quote:
Originally Posted by crockett
No he was saying SS was the same as Fed withholding tax that is taken out of employees paychecks. IE the reason 47% don't pay Federal Income tax at the end of the year because they have already paid it via having it taken out of their checks each week by their employer.
I mean Jesus Christ have none of you ever seen a fucking paycheck before? Random paycheck example from the internet for those that have never had one of their own..
Notice there is a deduction called "FEDERAL INCOME TAX"? That's the fucking Federal Income Tax that comes out of your paycheck IE PAYROLL Tax. It's also the reason the so-called 47% don't owe Federal Income tax at the end of the year, because they ALREADY paid it and owe nothing.
Seriously why is this such a hard concept to understand? It's fucking basic math.. Those 47% don't pay at the end of the year because they have paid all year long and their withholding were enough to cover their tax debit and often too much which results in a Federal Income tax "Return".
Social Security is completely fucking different deduction and an entirely different thing. Same as Medicare yet another deduction that is not your Federal Income tax..
The 47% that the Right Wing dip shits keep mouthing off about if deliberate misrepresentation of the facts and they get away with because people are too fucking stupid to know any better. They just listen to their Fox News mouth pieces and call themselves informed.
The best is 12clicks.. claims he has employees but too stupid to know that Federal Income taxes are taken out of their checks each week.. The checks one might assume he must sign.. 
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federal income tax is taken out of employees checks and paid to the federal government on employee's behalf, it is NOT payroll tax.. the quoted 47% number, means that for the whole year, net federal income tax paid was zero...
payroll tax is social security + medicare...
in that propaganda piece, err, I mean "study" you posted:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3505
"About half of taxpayers paid no federal income tax last year. It does not mean they paid no tax at all. Many shelled out
Social Security and Medicare payroll taxes."
I have no idea which part you find confusing or ambiguous, that quote above is as clear as it gets...
