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> The existence of this grey economy makes it very difficult to measure income and expenses for a large proportion of New Yorkers. Disgusting that your first t
by siftrics 4y ago
> The existence of this grey economy makes it very difficult to measure income and expenses for a large proportion of New Yorkers.
Disgusting that your first thought is about how difficult it is to measure income and not the fact that working class people (your words) would lose a third of their income or more, if their work was in the formal economy.
It's even worse if you look at it the other way: working class people's wages would be 50% more, rather than 33% less.
Working class people (literally anyone who must work to have a modest lifestyle) should not be paying a larger percent of their wages than those who do not have to work.
- stevemk14ebr 4y agoTheir comment is illuminating the current way things work, that's hardly disgusting. That status quo you may not like, but that's saying nothing about the author of the comment, or their views on that fact. Your anger should be at the system, not the author pointing out a fact.
- esrauch 4y agoThe people with income levels in question don't have a marginal tax rate anywhere close to 33%. More like 11% for federal and 6% for NYS before any credits.