I'm shocked! I just read a blog by Markinjapan (lefty liberal). He posted a video clip of the Jon Stewart show. Stewart cites a Fox News story that reports that more than 99% of "poor" people in America-presumably including those freeloaders on welfare-have refrigerators! What's worse, about 25% of these so-called "poor" have dishwashers!
No wonder we're so far in debt! These "poor" people live in the lap of luxury while hard working hedge fund managers are getting buy on as little as $100,000,000.00 per year and have to fork over 15%-17% of this in taxes to support these deadbeats. It's just shocking!
This problem is just going to grow. In 2008, 39.8 million people were in poverty, up from 37.3 million in 2007 -- the second consecutive annual increase in the number of people in poverty and this trend is expected to continue (Census Bureau 2010). This means, the burden on the rich just gets more burdensome by the day.
Why do so many in America choose poverty? The answer is clear-to avoid paying federal income taxes. Nearly 51% of Americans now pay no income tax. Most of these non-payers are poor or at least low income people. Sure, some rich folks avoid paying income tax, but it's much harder for them. The best way to avoid income tax is clearly to be poor.It's tried and true. If you want to avoid income taxes, being poor is the way to go. No wonder so many choose this lifestyle.