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Re:Togo made a digital government stimulus system in two weeks by cturner on Monday November 15, 2021 @09:45AM (#29227961)
This would be a powerful point with a reference - can you cite it?
Re:Togo made a digital government stimulus system in two weeks by ctdonath on Monday November 15, 2021 @03:47PM (#29232503)
Poverty line = $12,880/yr : https://aspe.hhs.gov/topics/poverty-economic-mobility/povert...

"A $12,880 income in the United States has enough buying power to put you in the 84th percentile globally for per-person income" : https://www.washingtonpost.com/graphics/2018/business/global...

Re:Togo made a digital government stimulus system in two weeks by ctdonath on Tuesday November 16, 2021 @04:41PM (#29246668)
On a whim, I looked into poverty-level taxation by plugging $12,880 into various online tax [gu]estimate calculators. Results varied from -$114 to $1080 (FICA included). Short of running it thru a real tax program (which I will in due course), struck me how US income tax law presumes you will pay at least a 10% tax rate, even if below the poverty line. https://www.irs.gov/newsroom/irs-provides-tax-inflation-adju... I assume a little finesse with a 1040EZ form should get it down to $0, but it's unsettling that legislators who unanimously agree "something should be done for the poor" actually legislate a 10% tax rate on the poor.