nos-trum. pronunciation: \nos'-trum\. noun. Etymology: Latin, neuter of noster our, ours.
1. a medicine of secret composition recommended by its preparer but usually without scientific proof of its effectiveness.
2. a usually questionable remedy or scheme.
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Thursday, April 15, 2010

Not Medical, But, Hey, Today Is Tax Day

 
I couldn't pass up this juicy tidbit of Americana.  You have to ask whether the species is ready for the responsibility democracy entails.

Gallup's latest poll on Americans' opinion on federal income taxes via Hot Air contains this head-shaking result:

Forty-four percent of Americans earning less than $20K per year think they are paying too much federal income tax.

Except...that group pays no federal income tax

Say what?  Maybe the question was too hard for them.  I'm thinking we need to paraphrase Lincoln and admit that you can fool some of the half-people part of the time.

But, I have a possible explanation for this:  tax filers in the under $20K group receive income from the tax code, due to exemptions, exclusions, and credits.  Maybe they mean they're not getting enough additional money.

[Note that we're only talking about one tax.  Yes, they pay sales tax, cigarette tax, gasoline tax, Soc Sec, Medicare, etc.  But that's not what they were asked.]

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