iced depresso (icedquinn@blob.cat)'s status on Monday, 26-Aug-2024 21:28:16 JST
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@whiteline @lain @thatbrickster @newt yeah. well like i said. they keep talking about "oh this tax plan" and that bullshit. the reality is the tax code is retarded so literally nothing either party says means godfucked anything.
instead of raising the start of the income tax system to 10k, you still accumulate federal taxes all the way down to a couple thousand dollars. then you disclaim the first 10,000$ of that after calculation (the standard deduction.) but now you add 15.xx% of your total earnings for boomer tax (social security) which you can't write off with this magic 10k$.
that means the democrat could promise to raise the standard deduction to infinite money, and it wouldn't do jack shit for the poor. the poor's income is being slaughtered by the flat tax regardless.