Quote:
Originally Posted by wreckem713
I wonder what the average effective tax rate is for single black Americans. I would guess that the income is so low that they are paying a remarkably low tax rate and are therefore not held back by the MFJ incentive.
As shown in the image. The average income of these individuals is low enough that the discrepancy from MFJ after all standard deductions would be so low that it isn't worth talking about
Quote:
Originally Posted by PointlessWords
They prob pay a higher rate due to state taxes and dmv taxes etc
Quote:
Originally Posted by SagieWho
You don't get to pick what it means. Words mean things by themselves, not because of what we think they mean.
Quote:
Originally Posted by SagieWho
No way
Quote:
Originally Posted by SagieWho
Guys, if it's something that brings down the black man or something he can't get, it's racist. So if the black man doesn't want to get married, obviously marriage is racist.
If the black man doesn't want an education, it's because schools are racist.
If the black man is blamed for killing someone with a gun, that gun is in fact racist.
AMEN, ALL PRAISE BE TO ALLAH
https://www.usnews.com/news/best-sta...tax-rate-study
The reason? States with low (or no) income tax meet their budgets by taxing consumer goods, property, and certain services and items, Davis said. Since those items and services are taxed at a flat rate – everyone pays the same rate, regardless of income – they add up to a bigger chunk of poorer earners' incomes than richer ones, he said. Further, people who choose to live in states with little or no income tax might find they end up paying more than if they lived in a state with higher income taxes.
"It's a common (belief) that states without income states are universally lower-tax states," Davis said. But "the reality is that low-income people living in Texas (which has no personal income tax) pay much higher taxes than they would if they lived in a so-called higher tax state like California or New York."