AutistoMephisto@lemmy.world to Political Memes@lemmy.world · 12 days agoDo you see what's going on yet?lemmy.worldexternal-linkmessage-square40fedilinkarrow-up1597arrow-down14
arrow-up1593arrow-down1external-linkDo you see what's going on yet?lemmy.worldAutistoMephisto@lemmy.world to Political Memes@lemmy.world · 12 days agomessage-square40fedilink
minus-squareFreakinSteve@lemmy.worldlinkfedilinkarrow-up13·11 days agoCurious if they tried blocking taxation on anyone BELOW a certain income level.
minus-squareMisterFrog@lemmy.worldlinkfedilinkarrow-up1·11 days agoTIL the US doesn’t have a tax free threshold?
minus-squareStructuredPair@lemmy.worldlinkfedilinkarrow-up1·11 days agoThere is, but you just get everything back as a refund. They still take taxes out of your paycheck.
minus-squareMisterFrog@lemmy.worldlinkfedilinkarrow-up1·11 days agoThis seems pretty punitive, considering the poorest in society need the money immediately, not as a lump sum refund once per year. Here (Australia) the tax free threshold is baked into your tax withholding amount.
Curious if they tried blocking taxation on anyone BELOW a certain income level.
TIL the US doesn’t have a tax free threshold?
There is, but you just get everything back as a refund. They still take taxes out of your paycheck.
This seems pretty punitive, considering the poorest in society need the money immediately, not as a lump sum refund once per year.
Here (Australia) the tax free threshold is baked into your tax withholding amount.