__________________
"Boy, I've lived with mendacity. Now why can't you live with it? You've got to live with it. There's nothin' to live with but mendacity. Is there?" - Big Daddy talking to his son Brick, in Cat On a A Hot Tin Roof
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The IRS also has many stats based on ZIP codes in Excel files. You can see the aggregate AGI, charitable deductions, capital gains, dividends, etc of all your neighbors if you like.
Lot of data to go thru. Will do so when I have more time. Quick comment. Only 48% actually filed. We do not have 52% unemployment in this country. What does this 52% live off of? Cash wages?
Also noted the column for those filing that made less than $1. So, do I assume they are being paid for filing?
The H&R table is somewhat mislabeled. That's a profile of tax returns, not taxpayers. So the 53 million is the number of joint returns, but that means 106 million married people. So there are 194 million adults who are not claimed as dependents on other returns, who are filing. If there are 98 million dependents, then the filed returns represent 292 million people. That leaves 20 million or about 6% of the population not on any return.
Once again, it looks like I am in that 50% that is below average.
You need to move to Lake Wobegon, then you wouldn't be below average...
__________________ "Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
Lot of data to go thru. Will do so when I have more time. Quick comment. Only 48% actually filed. We do not have 52% unemployment in this country. What does this 52% live off of? Cash wages?
Also noted the column for those filing that made less than $1. So, do I assume they are being paid for filing?
Non-working people, children, house maids, college kids without jobs, gray market folks such as drug runners and flea market sales, etc.
__________________
"Live every day as if it were your last, and one day you'll be right" - unknown
Lot of data to go thru. Will do so when I have more time. Quick comment. Only 48% actually filed. We do not have 52% unemployment in this country. What does this 52% live off of? Cash wages?
Also noted the column for those filing that made less than $1. So, do I assume they are being paid for filing?
That is 48% of the US population of 313 million (as shown on that link), so not surprising.
__________________ Retired in Jan, 2010 at 55
Now it's adventure before dementia
Once again, the heading on the link is misleading.
Note that the detail says 140 million returns. 53 million of those returns were joint.
So 62% of the population filed returns (ie their names are at the top of the return).
Another 31% of the population are listed as dependents on somebody else's return.
Leaving 6% of the population not on any return.
Once again, the heading on the link is misleading.
Note that the detail says 140 million returns. 53 million of those returns were joint.
So 62% of the population filed returns (ie their names are at the top of the return).
Another 31% of the population are listed as dependents on somebody else's return.
Leaving 6% of the population not on any return.
Lot of data to go thru. Will do so when I have more time. Quick comment. Only 48% actually filed. We do not have 52% unemployment in this country. What does this 52% live off of? Cash wages?
Also noted the column for those filing that made less than $1. So, do I assume they are being paid for filing?
Had a friend tell me the other day, he had a relative who paid $2500 into federal government, but was getting back over $5,000 only because she is rewarded for " spitting out kids she cant afford" ( his words). I wonder if she counts as a taxpayer since she did pay in before collecting back double? She is part of the 48% who filed give her credit, but not so much on helping reduce the deficit
Lot of data to go thru. Will do so when I have more time. Quick comment. Only 48% actually filed. We do not have 52% unemployment in this country. What does this 52% live off of? Cash wages?
Also noted the column for those filing that made less than $1. So, do I assume they are being paid for filing?
The unemployment is taxable.
Capital gains are not for some of us FIRED folks. Maybe there are more than we thought. Then there are your overseas bank accounts.
Once again, the heading on the link is misleading.
Note that the detail says 140 million returns. 53 million of those returns were joint.
So 62% of the population filed returns (ie their names are at the top of the return).
Another 31% of the population are listed as dependents on somebody else's return.
Leaving 6% of the population not on any return.
Hard head? Cold feet? No guts?
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