A user-generated archive and interpretive center dedicated to the medium of forwarded right-wing emails passed on from right-wing dads everywhere. "Begin Forwarded Message:"
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!
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.
ReplyDeleteThe 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!