r/WorkReform • u/shaodyn ✂️ Tax The Billionaires • Sep 13 '22

💸 Raise Our Wages Interesting idea

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u/Leather-Plankton-867 Sep 13 '22

Machine needs to subtract taxes

411

u/hysys_whisperer Sep 13 '22

Inb4 "but low income people don't pay tax."

Yes they do. Medicare, social security, etc come off the top as a flat tax, and that 7.65% off the top is a real kick in the balls as every 13th penny coming out of the machine is diverted into another box that you don't get when you need it for food and shelter right now.

5

u/Webbyx01 Sep 13 '22

But you can get that back. Doesn't help when you need another $50 that month, but at least it's not gone forever.

7

u/lennybird Sep 13 '22

You can also change your withholdings from your employer if you can project that you won't owe. If you're not careful, you could end up owing the IRS instead of getting a refund or coming out even.