So now that tax day has ended I thought this would be interesting
According to AI we spend $13,500 per person and this is removing Medicare and social security spending. $19,500 if you include those.
If we believe these numbers and this is on income tax alone everyone would need to pay this to pay their share in raw numbers.
Husband and wife= $27,000
Family four= $54,000
This is pretty staggering. Based on this if you aren't paying that per person in your family then you aren't paying your fair share based off these numbers.
Is there a solution? I know cut spending but will that get it down to $7,000 a person? Even then many people won't even pay that.
Even if tariffs would work (I don't think they will) then how would tax cuts work. Too many already pay little to no income tax and the screams of tax cuts for rich will be all over the place.
This doesn't sound manageable
According to AI we spend $13,500 per person and this is removing Medicare and social security spending. $19,500 if you include those.
If we believe these numbers and this is on income tax alone everyone would need to pay this to pay their share in raw numbers.
Husband and wife= $27,000
Family four= $54,000
This is pretty staggering. Based on this if you aren't paying that per person in your family then you aren't paying your fair share based off these numbers.
Is there a solution? I know cut spending but will that get it down to $7,000 a person? Even then many people won't even pay that.
Even if tariffs would work (I don't think they will) then how would tax cuts work. Too many already pay little to no income tax and the screams of tax cuts for rich will be all over the place.
This doesn't sound manageable