tag:blogger.com,1999:blog-5977100937974295832.post149871665049542822..comments2023-10-03T12:32:51.778-04:00Comments on Confessions of a Street Pharmacist: The rich don't pay taxesDivemedichttp://www.blogger.com/profile/14583007051962299381noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5977100937974295832.post-57184723207265248832019-01-15T21:52:14.177-05:002019-01-15T21:52:14.177-05:00It's worse than you calculate. The $35,000 a ...It's worse than you calculate. The $35,000 a year minimum wage worker has more in benefits than they pay in taxes. <br /><br />It's the Welfare Cliff. As they work harder, they have less disposable income. Quite the incentive plan. Zero Hedge linked to a derivation that showed "a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year." <br /><br />The most insane arguments are that America had a truly great period of growth in the '50s and '60s <i>because</i> the taxes were much higher, not because Europe and Japan were bombed back to the stone age and there was much less competition. <br /><br />SiGraybeardhttps://www.blogger.com/profile/00280583031339062059noreply@blogger.com