You make my point in your sentence. Why are we giving these folks a tax break? Why? So they will let crumbs fall off the table for the average joe for whom a shelter is a foreign notion. He pays 7.5% SS on 100% of his earnings, , 2.5% medicare on 100% of his earnings, his employer matches that probably reducing his earnings potential, and then he pays all the other taxes that are levied on him...consumption taxes on most of what he buys, etc...when you add it up, his burden is pretty severe. Income redistribution you call it.
He also gets a refundable EITC -- which allows him to get a refund of up to $3,700 in taxes BEYOND what he paid in.
SS is massively underfunded as it now stands. You would have him not pay into this system?
If you don't tax people, there is no money to pay for roads, bridges, Medicaid (which provides health insurance for those who cannot afford it), Medicare (which provides health insurance for everyone over 65), Welfare and food stamps, etc.
Make up your mind. You either want to provide these services for the poor or you don't. If you do, then you have to tax people to get the money. |
