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nowaypablo · 3809 days ago · link · · parent · post: $11,000 for Every Household: Could Guaranteed Income Work for America?
Jesus christ. So what you're saying is, people making over say $117,000 are taxed less, and the justification is that they won't be needing welfare so they shouldn't have to pay for it?There is no standard deduction for the payroll tax, no exemption; it just is...until you make $117,000 or thereabouts. Above that level you cease to pay, because payroll is earmarked for social security, the theory being that the benefit is capped, so why shouldn't the contribution.