Federal poverty level income for 2010 is $22,050;think of a poor widow woman, just scraping by. Medicare payments on this income is $320,per month, Social security is $1367,which is about ten percent of her income, which leaves $22000 to live on, around $425 per week. When the people living at poverty go to a grocery store there is no "sales tax break" for them, they pay at the same price for grocerys of someone making a million a year.
Someone earning $200000 a year would pay $ 12400 into social security and $2900 into Medicare; their tax would be $ 64000 in. Leaving after tax income of about $120,700.About $2321 per week.
Of these two Scenarios which in your opinion can best afford to pay the taxman? The widow women, making do on $425 per week, or someone making almost six times that per week.
So sad that the wingers have taken up kicking poor widow women as part of there agenda.
