FW: FW: Bernie's Logic


1 comments:

Kevin said...

The Federal minimum wage is $7.25/hour, which comes to $15,080/year if you work 40 hours/week for 52 weeks without missing an hour.

The Federal standard deduction is $12,400. A single exemption is $4,050. Combined this comes to $16,450.

So a minimum wage worker pays $0 in federal income taxes.

They *do* pay FICA (basically Social Security + Medicare), the benefits from which go almost entirely to retirees, on every penny earned; the very wealthy either pay only on the first $139K in wages or they do not pay FICA because they don't make "wages".

So, laughing right-wing dog, you are again being a useful idiot, laughing at the poor while our overlords rob us all. Well done!

 
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