Interesting correlation. All the places controlled by Democrats, where Democrats set the tax rates and decide how to use the money they collect, are places that "poor people" earning less than $38K can't afford to live.
Whereas if you may $38K per year in Ames Iowa, you can get by OK.
Great observation - couldn't have said it better myself - it's much like correlation of gun violence being heaviest in cities where the 2nd Amendment is restricted.
Yeah maby manhattan and SF but millions of people live in US cities with less than that. Tax code in the US is a complex heap of bullshit and so is this post
By federal tax standards, $38K is lower half. Probably doesn't pay much more $900 in federal taxes, depending on deductions and itemizations of course. For total taxes certainly will pay more than $900, when you factor in sales tax, and state tax, and county tax, and FICA federal payments, and gas tax, and alcohol tax, and property tax, and etc.
Fed taxes paid by someone who makes about 40,000 a year will be about 4 grand i came to this number by using an official federal income taxe calculator
Single or married? How many children? With or without mortgage deduction? Do you tithe and donate 10% income to charity? What state do you live in (state taxes are deductible at federal level).
Thats without deductions. if your making 200,000 and paying 60,000 in taxes that would also be without deductions. And someone is smart enough to make that much money and pay that many taxes, they arent trying hard enough to find creative solutions to their problem. There are hundreds of ways to pay less tax. Start an LLC spend or invest your income, write it off as a business expense. They could buy apartments with morgages, charge rent, write off the morgages. Its not hard to make money when you have money in America you just cant let it sit
Try living on $38,000 a year in Manhatten, SF, DC, or Chicago.
Actually, try living on that type of money anywhere in the Northeast and you will realize that person is in poor financial shape.
Interesting correlation. All the places controlled by Democrats, where Democrats set the tax rates and decide how to use the money they collect, are places that "poor people" earning less than $38K can't afford to live.
Whereas if you may $38K per year in Ames Iowa, you can get by OK.
Make you stop and think ......
A republic is rule via representation where is a democracy is mob rule.
Notice the similarities of the words. In a democracy, people vote themselves a check.....
Great observation - couldn't have said it better myself - it's much like correlation of gun violence being heaviest in cities where the 2nd Amendment is restricted.
No it isnt, unless u support a family. I live on less than that with a 1,000 monthly rent in DC the most liberal place in the US
Yeah maby manhattan and SF but millions of people live in US cities with less than that. Tax code in the US is a complex heap of bullshit and so is this post
By federal tax standards, $38K is lower half. Probably doesn't pay much more $900 in federal taxes, depending on deductions and itemizations of course. For total taxes certainly will pay more than $900, when you factor in sales tax, and state tax, and county tax, and FICA federal payments, and gas tax, and alcohol tax, and property tax, and etc.
Fed taxes paid by someone who makes about 40,000 a year will be about 4 grand i came to this number by using an official federal income taxe calculator
Single or married? How many children? With or without mortgage deduction? Do you tithe and donate 10% income to charity? What state do you live in (state taxes are deductible at federal level).
Thats without deductions. if your making 200,000 and paying 60,000 in taxes that would also be without deductions. And someone is smart enough to make that much money and pay that many taxes, they arent trying hard enough to find creative solutions to their problem. There are hundreds of ways to pay less tax. Start an LLC spend or invest your income, write it off as a business expense. They could buy apartments with morgages, charge rent, write off the morgages. Its not hard to make money when you have money in America you just cant let it sit