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Science Forum Index » Economy Forum » So, how imporant is rent to normal people?
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| Guest |
 Posted: Sat Apr 12, 2008 3:29 pm |
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On Fri, 11 Apr 2008 22:21:36 -0400, RogerDodger <none@not-here.org>
wrote:
But of course, now you're just lying again, Roger, as usual. He
stated explicitly that he was trying to avoid all federal income taxes
by taking as many _deductions_ as he could, not by just not having
income. He quit his job, but is now self-employed, because having an
employer makes it much harder to structure your income to avoid paying
tax on it. That's why the rich, who typically pay very little income
tax, are also rarely employees.
Can't you read?
Quote: are "normal people", eh?
His total income of just over $29K is nearly 20% MORE THAN the median
for individual Americans filing for income tax, as proved here:
http://en.wikipedia.org/wiki/Income_inequality_in_the_United_States#Personal_income
So yes, his financial situation is very, very normal. It merely seems
that he wasn't smart or rich enough to just take a huge income in
untaxed forms, the way the rich do.
Quote: Are they "typical people" too? 
His income is VERY typical, as are his expenses: about 15% of his
income is going for residential land rent. As residential land
accounts for about 60% of all land value, total location rent would
have to be about 25% of total personal income.
Or about as much as all federal taxes.
As you would know if you weren't always so busy lying about land.
-- Roy L |
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| sinister |
| Posted: Sun Apr 13, 2008 6:03 am |
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Guest
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<royls@telus.net> wrote in message news:4800ec46.6228927@news.telus.net...
<snip>
Not that it in any way argues against your point, but I think that graph is
for all US earners. IIRC a large fraction of those at the bottom don't file
US 1040, so the median for filers is actually higher.
(Interestingly, this discrepancy was pointed out by Paul Krugman when he
showed that some right-wing economists' claims about income inequality
trends in the US was based on a faulty analysis; I'm sure we had a thread
here about that years ago.)
<snip> |
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| RogerDodger |
| Posted: Mon Apr 21, 2008 12:05 am |
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Guest
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On Sat, 12 Apr 2008 21:32:41 +0200, ask@me.com (PeterBP) wrote:
Quote: RogerDodger <none@not-here.org> wrote:
On Fri, 21 Mar 2008 21:27:09 +0100, ask@me.com (PeterBP) wrote:
http://sniggle.net/Experiment/index.php?entry=19Mar08
Look at the pie chart and you'll get the general idea...
So people who intentionally quit their jobs in the attempt to drive
their income so low as to legally avoid owing all federal taxes are
"normal people", eh?
Are they "typical people" too? ;-)
Well, I was referring to his apparent income level, not his behavior.
Well, if his income hadn't been aberrationally and very untypically
reduced from its former level, his rent would be a much smaller part
of it, correct?
Which seems relevant to the subject heading, the import of rent to
"normal" people -- not to people who incur rent at a given level in
relation to theiir income, and then later intentionally and in a
highly untypical manner slash their own income, increasing their rent
as a portion of it. |
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| Guest |
| Posted: Tue Apr 22, 2008 6:30 pm |
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On Mon, 21 Apr 2008 01:05:47 -0400, RogerDodger <none@not-here.org>
wrote:
Quote: On Sat, 12 Apr 2008 21:32:41 +0200, ask@me.com (PeterBP) wrote:
RogerDodger <none@not-here.org> wrote:
On Fri, 21 Mar 2008 21:27:09 +0100, ask@me.com (PeterBP) wrote:
http://sniggle.net/Experiment/index.php?entry=19Mar08
Look at the pie chart and you'll get the general idea...
So people who intentionally quit their jobs in the attempt to drive
their income so low as to legally avoid owing all federal taxes are
"normal people", eh?
Are they "typical people" too? ;-)
Well, I was referring to his apparent income level, not his behavior.
Well, if his income hadn't been aberrationally and very untypically
reduced from its former level, his rent would be a much smaller part
of it, correct?
No. You obviously didn't read the article. His income is quite
typical, and so is his rent.
Quote: Which seems relevant to the subject heading, the import of rent to
"normal" people -- not to people who incur rent at a given level in
relation to theiir income, and then later intentionally and in a
highly untypical manner slash their own income, increasing their rent
as a portion of it.
But you are, inevitably, just flat wrong. His income and rent are
both quite typical. I have already proved that he did _not_ just cut
his income to reduce his taxes. He RESTRUCTURED his income,
especially by being self-employed rather than an employee, in order to
take as many deductions as possible.
Read the article.
-- Roy : |
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| zzbunker |
| Posted: Fri Apr 25, 2008 5:18 pm |
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Guest
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On Mar 21, 4:27 pm, a...@me.com (PeterBP) wrote:
Quote: http://sniggle.net/Experiment/index.php?entry=19Mar08
Look at the pie chart and you'll get the general idea...
I"n general, not very, and it depends where you live.
Since most don't count automobile parking spaces as rent, which
they are.
And that's how the energy thieves make most of their money.
Quote: --
regards , Peter B. P.http://macplanet.dk
Washington D.C.: District of Criminals
"I dont drink anymore... of course, i don't drink any less, either! |
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