Close
Results 1 to 10 of 107

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Moderator "Doctor" Grey TheGrey's Avatar
    Join Date
    Jan 2013
    Location
    Lone Tree
    Posts
    5,750

    Default

    Quote Originally Posted by GilpinGuy View Post
    Stupid question. Do minimum wage earners actually pay income, payroll, SS, etc. taxes? After they get their "tax return" my guess is no. But my cynical mind thinks, "Higher minimum wage means more taxes collected, and lefties like to collect taxes to waste on stupid shit, so....higher minimum wage it is."
    Actually, yes. They pay income taxes, and it's not always recoverd at tax time.
    "There is nothing in the world so permanent as a temporary emergency." - Robert A Heinlein The Moon is a Harsh Mistress

    Feedback for TheGrey

  2. #2
    Machine Gunner Circuits's Avatar
    Join Date
    Sep 2003
    Location
    Colofornia Springs, CO
    Posts
    2,411

    Default

    Quote Originally Posted by TheGrey View Post
    Actually, yes. They pay income taxes, and it's not always recoverd at tax time.
    Most minimum wage workers are eligible for no withholding (other than FICA/SSI), so do not necessarily "pay" any income tax. Those who do have withholding may not file for their refunds, though, which effectively results in them being taxed, I guess.

    Don't forget illegals and scammers collecting benefits but still working "under the table" - no taxes or withholding on the illegal income, and little or none taken out of the fraudulently-claimed benefits.

    Really, anyone working for minimum wage is a chump, because working regularly above the table at even minimum wage makes one no longer eligible for many FSA "benefits".
    "The only real difference between the men and the boys, is the number and size, and cost of their toys."
    NRA Life, GOA Life, SAF Life, CSSA Life, NRA Certified Instructor Circuits' Feedback

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •