News for hackers. Stuff that matters.

A comment on USA Facts – Federal, state, and local data from government sources. Parent comment

Re:USA Facts – Federal, state, and local data from governmen... by twoodfin on Tuesday April 18, 2017 @06:25PM (#14143576)
It's pretty easily balance that -- you raise the threshold for payroll taxes and index it to inflation.

It's already indexed to wage growth rates, and there's nothing "easy" (or at least, shouldn't be) about a 12.4% marginal tax rate hike.

[ Parent | on HN ]
Re:USA Facts – Federal, state, and local data from governmen... by Spooky23 on Tuesday April 18, 2017 @06:38PM (#14143664)
It's easier than dealing with the blowback from slashing essential benefits from millions of seniors.

My guess would be that the marginal dollar provided to a 30th percentile income individual has a higher economic impact than a loss of 0.12 of a marginal dollar for a person making $150k.

[ Parent | on HN ]