re: #104 Walter L. Newton

Someone explain something to me. I keep hearing that a large part of the population doesn’t even pay income tax. And who the hell may that be? I have an adjusted income of 9050.00 and my tax is still 960.00. And the tax table has tax amounts going down to almost no salary. So, I don’t understand, it seems to me that everyone pays income tax if they had some sort of income.

If they’re single with no dependent children, that’s true. Your income has to get pretty low before you have no tax liability at all. With dependents, though, it’s a different picture, especially when you factor in the Earned Income Tax Credit.