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when you say "pays no taxes" do you mean income taxes or any taxes altogether? What about FICA/SECA 15.3% tax? Sales tax? Property tax? Individual income tax

by mae3x 2mo ago

when you say "pays no taxes" do you mean income taxes or any taxes altogether? What about FICA/SECA 15.3% tax? Sales tax? Property tax? Individual income tax only makes up 53% of federal revenues as per https://fiscaldata.treasury.gov/americas-finance-guide/government-revenue/ https://fiscaldata.treasury.gov/americas-finance-guide/gover....

dd8601fn 2mo ago
Introducing the shitshow of those state level taxes makes it unworkable, for sure.
trollbridge 2mo ago
The 28% included payroll taxes, sales tax, property tax and so forth. If you don’t include those, it’s closer to 60%. Someone with 3 kids earning $26k gets about $10,000 in cash back per year (wiping out $2k in payroll taxes) and $12k of food stamps. Assuming they spend 100% of their cash on either taxable items with 8% sales tax or rent with comparable property tax, that’s still net minus -$5,280. If we include food stamps and the value of Medicaid at $500 per head per month it’s net minus -$40k. And that doesn’t include things like housing assistance and energy assistance. Such a person DOES pay gross taxes… they just don’t owe on net.
- UncleMeat 2mo ago
  Somebody with three kids earning 26k is in extreme poverty. If them being a net receiver of government funds is considered a bad thing.... Christ.
  - trollbridge 2mo ago
    Did anyone say it’s a bad thing? About 15-18% earn at that threshold of under. With the assistance, though, the amount of net is about the same as someone earning $80k-$100k but gets no assistance at all.
    - UncleMeat 2mo ago
      This sounds like you are saying it is a bad thing.
  - Ferret7446 2mo ago
    Is it not a bad thing in the general case? People who produce net positive value for society subsidize the unsustainable reproduction of those who are a net drain. It is a very sterile perspective, but reality doesn't care about empathy, and you can't feed people with good feelings.
    - UncleMeat 2mo ago
      I do not agree that contribution to society is measured in dollars.

by mae3x 2mo ago

dd8601fn 2mo ago

Introducing the shitshow of those state level taxes makes it unworkable, for sure.

trollbridge 2mo ago

The 28% included payroll taxes, sales tax, property tax and so forth. If you don’t include those, it’s closer to 60%. Someone with 3 kids earning $26k gets about $10,000 in cash back per year (wiping out $2k in payroll taxes) and $12k of food stamps. Assuming they spend 100% of their cash on either taxable items with 8% sales tax or rent with comparable property tax, that’s still net minus -$5,280. If we include food stamps and the value of Medicaid at $500 per head per month it’s net minus -$40k. And that doesn’t include things like housing assistance and energy assistance. Such a person DOES pay gross taxes… they just don’t owe on net.

UncleMeat 2mo ago
Somebody with three kids earning 26k is in extreme poverty. If them being a net receiver of government funds is considered a bad thing.... Christ.
- trollbridge 2mo ago
  Did anyone say it’s a bad thing? About 15-18% earn at that threshold of under. With the assistance, though, the amount of net is about the same as someone earning $80k-$100k but gets no assistance at all.
  - UncleMeat 2mo ago
    This sounds like you are saying it is a bad thing.
- Ferret7446 2mo ago
  Is it not a bad thing in the general case? People who produce net positive value for society subsidize the unsustainable reproduction of those who are a net drain. It is a very sterile perspective, but reality doesn't care about empathy, and you can't feed people with good feelings.
  - UncleMeat 2mo ago
    I do not agree that contribution to society is measured in dollars.