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LINK Trump's Federal Reserve Pick Said The Working Poor Aren't Taxed Enough | HuffPost

At his CCHF speech, for instance, Moore drew plenty of applause with a diatribe against the working poor, whom he attacked for not having to pay income tax. He told the audience that’s equivalent to half of the event’s attendees only covering 2 percent of their food costs, while the other half were forced to pick up the extra burden.

At the time of Moore’s speech in 2012, people excused from paying federal income tax would have had precious little income to begin with. Per Mother Jones’ research, a single filer making less than $5,950, a single parent making less than $8,700, and a married household earning less than $11,900 all qualified for exemption.

And yet those people still paid taxes — payroll taxes, sales taxes and gas taxes, which actually hit the working poor harder, as they have to devote more of their income to pay for them.

If Moore were serious about asking people who are capable of paying federal income taxes to actually do so, he’d be better advised to start on the other end of the income spectrum. Gary Burtless, a senior fellow at the Brookings Institution, told MarketWatch a few of the craftiest high-income earners “have adopted tax strategies that occasionally eliminate their federal income tax liability.”

jerry99 8 Apr 27
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I guess even Repubs have difficulty rounding up votes for a clown who has spent his whole working career putting down women and minorities.

Steve Moore withdrew after Senate Republicans made clear they didn't have the votes to confirm him. [cnn.com]

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If poor people always had to pay 10% income tax, would they feel more involved than if they didn't have to pay any? What if they also got an additional 10% of government assistance? This is a similar example as the carbon tax where gas is taxed but the buyer of the gas gets paid for the tax. It's net neutral but gives an incentive (in this case, to be more frugal).

Admin Level 9 Apr 28, 2019

I’m not sure that approach is working so well for the 60 large corporations that pay zero tax.

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