Re:Most Danish voters oppose government plans to cut the top...
by rayiner on Tuesday September 13, 2016 @08:27AM
(#12487498)
Working poor also get the earned income tax credit which mostly offsets their payroll taxes.
Re:Most Danish voters oppose government plans to cut the top...
by lostboys67 on Tuesday September 13, 2016 @10:28AM
(#12488516)
Which is a subsidy for low wage employers
You need a lot of money before that's an option. By that point, you have enough to be one of those citizen-of-the-world globe-trotting types with vacation homes that double as convenient tax shelters.
That is to say, the American middle class pays quite a bit in taxes. Even the poor working class pay a flat 12.4% in payroll taxes, maybe 7-8% in sales taxes (depending on locality), and varying amounts in service taxes (fees, tolls, etc.). That's assuming they make too little to pay income tax.