2 ms·
Anyone making that little doesn't pay net taxes. The EITC, federal benefits, and state and city benefits all pile up on the other side.
by pclmulqdq 2y ago
Anyone making that little doesn't pay net taxes. The EITC, federal benefits, and state and city benefits all pile up on the other side.
- OutOfHere 2y ago> Anyone making that little doesn't pay net taxes. The IRS certainly taxes an annual income of ~$30k, basically anything above $11k. Any benefits require jumping through a lot of hoops. Moreover, like everyone else, they also have to pay a sales tax for every non-food item they buy. There is also a property tax that they're indirectly responsible for if they're renting. When choosing between rent and bus fare, the choice is obvious.