Taxes are based on a 40 hour week - with median pay stats.
Think ‘they’ will adjust the taxes too?
>>Taxes are based on a 40 hour week - with median pay stats.
My taxes are based on annual income. It doesn’t matter if I worked 10 hours, 40 hours, or 80 hours a week to earn it.
And obviously, taxes aren’t based on a system where they figure out how much they need and divide it by the number of worker-dollars earned because we spend $1.40 for every tax dollar taken from the population.
So, tax rates are set by the maximum they can make them and still get re-elected. In today’s America, taxes are not really a revenue generator. They are a societal control device to punish and reward behavior, to take money out of circulation to control consumption, and a means to differentiate the two halves of the RepubliCrat party.