So why did you drop the price 25% for "federal individual taxes"?
So why did you drop the price 25% for "federal individual taxes"?
I didn't.
As clearly stated in #33:
| Today, you are required to pay Uncle both income and payroll taxes in order to have enough to buy those same goods and services. For a family of four at median income that amounts to having to earn roughly 25%+ more than your takehome pay just to be able to buy anything now, and that is on top of the embedded business taxes in the price of everything we buy spoken of above. |
In short, for every dollar they pay in a store today, that family has to bring in an additional 25 cents in wages to pay that dollar, (based on current individual income tax schedules plus employees half of Social Security & Medicare.)