Should government take taxes out of individual’s paychecks who make less than, say, $25,000 per year? No, they are poor, you say? The government does, in D.C. and Illinois. And if you are self-employed, its usually a lot more than the 7.65% employers are forced to match with equal payment, take out of individual pay checks, keep track of, and send to the government. 15.3% when you add both the laborer’s income tax and the employer’s, that even poor people pay.
Sure, the EITC is there, but can you tell us right now without looking how small the deduction off poor people’s tax bill the EITC amounts to? It’s certainly not enough in almost all cases when you know poor people pay sales tax on things like electricity and water and food and flushing their toilet .
Poor people without health care, or much of anything beyond the basics, pay for social security and health care for other people through their payrolls taxes, even when they can’t afford to save for retirement or health care for themselves. Poor people also help pay for $10 million individual pensions for State of Illinois employees, thanks to Barack Obama.
So what does this proposal from Barack Obama tell us?
And you ask, what’s the big deal about socking it to the rich? So we ask, if government’s purpose really is to help people, one would think that at the very least, they would stop taxing poor families when some of those taxes go toward $10 million government employee pensions, right?
Would you agree ending taxation of poor families making less than $25,000 should be a higher priority than raising taxes on families making $250,000? The very LEAST the government should do is to STOP taxing poor people. That should be common sense for someone that will change how D.C. works, right?
Where is Barack Obama’s proposal to stop taxing the poor? Eliminating ALL payroll labor taxes on incomes less than $25,000 would be a good start wouldn’t it? From his proposals and actions it appears Barack Obama is more interested in punishing success than in helping the poor.
Do you want Barack Obama to continue to ignore the taxes poor families pay and to continue to tax poor people all across America, like he has done in Illinois?