I hate taxes, but "50%" drastically overstates it. Assume an income of $100k. Tax brackets here: https://www.nerdwallet.com/article/taxes/federal-income-tax-brackets … ~17% to federal gov. avg state income tax maybe 4%? now we're up to 21% of income. real estate, car, sales tax ... we're up to perhaps 26% or so.https://twitter.com/BuucketHe4d/status/1303337850327502848 …
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ⓘ Dogs don't have thumbs Retweeted 🅱️
2/ Fair enough. I plead autism, may it please the court.https://twitter.com/BuucketHe4d/status/1303338922232164354 …
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4/ However, that 17.3% includes employer contribution. And we can discuss how, sure, ALL taxes are, at some level born by citizens, but for actual-recorded-income, we're looking at 7.6% up to $132k. So running total is up to 33% or so.
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5/ I didn't "forget it". See my previous in this thread. https://twitter.com/TheFireTracker2/status/1303340379568107520 …
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ⓘ Dogs don't have thumbs Retweeted Jeff Weimer
6/ Yep. And I get annoyed at it. The case against high taxes and high spending is clear enough and virtuous enough that one shouldn't muddy the data with misrepresentations to "punch it up". But that''s me.https://twitter.com/Jeff_Weimer/status/1303341354471305216 …
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7/ YES, YES, PLEASE DON'T TRY TO EDUCATE ME ON HOW TAX PASS THROUGHS WORK. I agreed to this point PREEMPTIVELY in tweet #4. I mean, we can also talk about the Jones Act and how that takes money out of American's pockets, but gotta limit scope of topic. https://twitter.com/GeoGDF01/status/1303341557614104576 …
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