When is a 50-50 split not a fair deal?
Report: 49.5% of Americans do not pay federal income taxes
- Duration 8:47
- Date Feb 25, 2012
Report: 49.5% of Americans do not pay federal income taxes
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I think that's news.
Anyway -- what is a 5050.
Split not a fair deal bland he needs just 60% paying for the entire deal.
Get ready to hear about a -- be among friends good morning -- very happy to have him Neil Cavuto and all you occupiers.
Don't forget the 1% it's the 49 -- present.
On whom you might want to focus.
Because according to a new study that if somebody Americans are paying no income taxes non not a -- A record 152 million Americans under President Obama having no skin in the game is that anyway to run up there.
-- Charles Payne taken McDowell along with stepped on bitch and Charlie Gasparino.
Charles -- when he -- It's it's it is outrageous and you know one of things that no one talks about them you know the more outrageous aspect of this is we talk about this big communal pot of money.
And the people take the most how to -- the want to put nothing in there -- Harley anything in there.
I don't I.
I don't understand the notion of everything being there and get the lion's share of this whether it's you know some dependency program or the police department always in your neighborhood the part apartments all raising your neighborhood you conservatism all I think your neighborhood they're taking all the resorts is out the pot and putting nothing yet and yet every day the president is probably getting those who put everything in the I don't get it -- -- could not -- A statement that.
I and we should point out that people do pay payroll tax absolutely sales taxes and other taxes but by the way I'm going to club everybody but to charles' point -- it becomes very problematic when you have one out of five Americans.
Are receiving some form of federal assistance and then half of Americans are paying no federal income -- you have.
Almost half the population.
Are voting in people who are they going to increase.
With you know without paying taxes -- increase those entitlement.
And -- problem is anytime you talk about broadening the base.
And making people pay a little bit attacks somebody on the right on the left is gonna talk about what he raises a -- stats that that's what's gonna get in the way of real tax or sales tax.
Incredibly regressive right.
-- right -- -- how else to write that article grind house they -- Exactly let's not say they paid the same amount is a rich guy so it's regressive all taxes don't pay for our defense -- whatever I'll just on the poor people pay taxes to let's not leave that out of the equation ad sales taxes aren't credibly regressive and.
And I think I don't want to go off topic here -- -- my only point in mentioning this at the top and so if you stick with a job yes but try it's.
Don't -- if there's of the bed net and not to dig in his right to point out that they -- many people do take like a Medicare related taxes what had it.
I take nothing away from them but when it's gotten to the point now we're nearly half of us are not.
Paying income taxes either because of allowances are writers are getting -- refund now that we don't have to and that means.
Viewers you have skin in the game right and and that's a -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Armed if you if you take a certain zip code in New York City like the a -- you wouldn't believe how much of the a federal taxes that they pay it's tremendous the 1% of the city.
These are you in the upper east side of my that I know I'm not okay so that's.
But -- -- that's the 1% to 1% of the 1% that pay a lot of back.
Ben Stein -- -- -- -- in this is that what I hear a lot of you know Democrats liberals talking about where the rich should pay their fair share let's find you want to make that argument.
Then it looked to -- of you do to mention those who aren't doing editing at all is that.
Whether they're not dating and are all -- as they're called war they're called barely getting by.
Arrowhead Hamas barely getting by -- -- -- a lot yeah Leonard.
An awful lot of people is gonna have now retirement and got -- maritime savings and that are living painting -- painting the rich have so much money they can afford -- demagogues like I part of Mozilla and you don't hear an event is that half of us I don't discount the fact that there are number about.
Who report can afford that but put half of us.
The people in this country this is a political decision -- -- -- Republican Democrat congresses and presidents that we would shift the tax burden either rich people.
And -- -- tax burden of people are not -- I agree with you by the way let me get back to your -- I agree they should be day as -- Muslim should be bank.
At least some income -- otherwise have a system where the port people are just sucking -- the rich people and also the rich -- sucking up the future generations ever by engendered -- -- And but -- -- the massive subsidies we give to government workers who have firmly in the middle class right I mean when you're talking -- to -- the exact -- also get it's guaranteed pensions that they don't -- into.
They don't -- really -- talk about -- might look very hard steeler -- about it.
An endless at all but it working really hard as well as an ambulance did then was mentioning this shift that's going on -- this if this had to stand I think.
There's visit it internal revolt governor -- -- lot of people -- Hey hey within that this is so lopsided it's that a point of being ridiculous -- when -- -- listen here's what's ridiculous -- and.
In year good bloke and we all are we all want working people in the country to do well but I think we're a little bit living inside of me -- -- the half of the -- country is actually poor or nearly -- that's what also comes bureau recently reported that is true.
Things get better get out -- -- -- going on the list then we're talking about families -- -- getting by on less than.
Less than 40000 dollars you're talking about after paying rent you talk about that was before getting by on 50400.
Dollars a week.
And parents artery makes it happened kind of fast and I have to -- -- happens -- that's -- -- -- That is that is the Census -- talking not me look at.
What what he's got dark here and my feeling is different get it now he's out no matter admitted this makes you feel better to have them pay a few bucks inning contacts I get that sentiment.
I think to give a sense of fairness sure have everybody contribute but.
Let's not kid ourselves.
We get a wake up the fact that half of the country is actually either an abject poverty moan don't ordinarily.
Aren't -- about what I don't know what -- I don't.
-- -- -- -- -- -- -- -- -- -- -- -- here is that my point.
I think it to do without our input about the hip people in this country bar because I just don't wanna I think it's -- it's going to be as much zealous defense I will ask you this.
I think there's something -- said no matter how how that you are on the economic scale.
To put something into the -- and put something in to having skin in the game -- sort of like when you go out to eat -- -- treating.
And you don't care.
All of a sudden about -- and then then what's happened in this country is not only are we ordering anything we want we're even bitching about the size of the tip.
But the presidents even -- that that's the dangerous trend is.
It's dangerous and also every once and have some skin in the game did the notion that somehow I'm born in this country and I'm entitled to a certain living standards that that apparently is not enough according to the fan because we've got people drop in industry.
Probation but the fact this house this money taken.
I mean we're taking money from small businesses were taken money from people who do everything right you get a couple out of college they pay off the standalone -- to ten years they raced to a three kids and -- -- and -- -- little -- everything.
This is still out there and I was still working or not he's gonna just say it -- quick -- where does this dot image -- the 152 million people who pay no federal income tax.
Back in 1984.
It was 35 million people so at what point are we gonna have to step up and make more people in this country but -- have sent.
Paper our military.
Just just there's an Iraq that about health care -- and that's the -- -- it is -- -- Adding to prop step -- as you keep any war in titled it's -- it.
-- and -- -- at at some point you kill the golden goose businesses will not hire if you keep hammering quick response to that's defense.
And they think that -- it there.
That's a bit and I wanted to -- real quick I'm gonna take a break.
Let's listen there's been a long war get to reduce the federal tax burden that war has been one very few people pay income taxes we should stop complaining about high federal taxes because there just aren't very high federal taxes right now.
That's a fact.
Okay you've got let me just say you've got to Walter reed Army Medical Center -- the new line and it's as you'll see it planning -- peoples' skin in the game.
To answer we'll have a wealth that's general -- I was referring to people who don't -- her making a general statement again that you make general statements which is right there.
A -- when we come back.