The poor GET taxes they don't pay them. Less than 1/2 of the US population is working:
Remember Mitt's 46%?..... Obama made it 60% of Households (paying taxes) Now Receive More in Subsidized Income Than they Pay in Taxes
https://taxfoundation.org/60-percent-households-now-receive-more-transfer-income-they-pay-taxes/ 2012
Latino Househ…
60% of the people who are working are getting back more. People on Welfare don't work too much. The top 20 % (quintile) pay 87% of the Taxes. The top 30% pay all the taxes which means only 15% of the population is paying for the other 85% The 4th quintile pays for it's self only and single has no deductions.
That means only about 25% of the population is actually paying "income taxes".
Do you really think the CINSUMPTION tax pays for $12,600 cost for one kid for a 1 year of Public School? $32,760 for a family with 2.6 kids.
Now look at the border. 2,000,000 last year. Biden plans on over 150,000 a month (add 1,500 a day Unapprehended walk overs.)
The poor GET taxes they don't pay them. Less than 1/2 of the US population is working:
Remember Mitt's 46%?..... Obama made it 60% of Households (paying taxes) Now Receive More in Subsidized Income Than they Pay in Taxes
https://taxfoundation.org/60-percent-households-now-receive-more-transfer-income-they-pay-taxes/ 2012
Latino Households with 2.6 children $54,000 income average pays Federal & State income taxes of $9,608.
us.icalculator.info/salary-illustration/52000.html
$2,000 tax credits yearly
$3,600 ($300 a month) Total $3,600
$3,600 X 2.6 = $9,360
ADD Earned Income average $2,500 (only for the poor)
ADD standard dependent deduction?
Total $11,860.
Add up how much how much
https://us.icalculator.info/salary-illustration/54000.html
60% of the people who are working are getting back more. People on Welfare don't work too much. The top 20 % (quintile) pay 87% of the Taxes. The top 30% pay all the taxes which means only 15% of the population is paying for the other 85% The 4th quintile pays for it's self only and single has no deductions.
That means only about 25% of the population is actually paying "income taxes".
Do you really think the CINSUMPTION tax pays for $12,600 cost for one kid for a 1 year of Public School? $32,760 for a family with 2.6 kids.
Now look at the border. 2,000,000 last year. Biden plans on over 150,000 a month (add 1,500 a day Unapprehended walk overs.)