Monkeynomics 101: Only the Rich Pay Taxes

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T F Monkey
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Published on 03 Feb 2020 / In People & Blogs

Note: Even if FICA taxes were not included in the Federal Taxes paid figure by the CBO it wouldn't matter because FICA taxes are only 7.65% of your gross income, which only equals $6,785.55 on a gross income of $88,700 (the 4th quintile), which is still less than the negative $10,000 effective tax.

Sources:
https://www.cbo.gov/sites/defa....ult/files/114th-cong
https://www.cbo.gov/system/fil....es/2019-07/55413-CBO
https://www.cbo.gov/system/fil....es/2019-07/55413-CBO
https://www.youtube.com/watch?v=qXBswFfh6AY

Background Music: Business As Usual by Causmic. Courtesy of the YouTube Audio Library.

Amazon Books: www.amazon.com/s?i=stripbooks&rh=p_27%3AT.+F.+Monkey

3 Comments

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ShadowMonk 5 years ago

@TurdFlingingMonkey: I had that similar idea about the rich paying taxes, So my idea was that the poor didn’t have to pay any taxes unless they became middle class where they payed the least taxes or even rich where they as rich people payed the most taxes. But if they became poor then can stop paying taxes until become middle class or rich again.

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T F Monkey 5 years ago

I'm fine with the poor not paying taxes. I'm not fine with the poor not paying taxes and voting at the same time.

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ShadowMonk 5 years ago

@T.F. Monkey: So I heard that you’re also an ex-mormon, Cool I am as well; So the reason I left the church is probably for the same reason you did my friend. Here I made a second video about it which you’ve probably seen it at some point but anyway here’s the link in case you haven’t seen it. https://www.mgtow.tv/watch/gyn....ocentrism-within-the

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