the beauty of this scheme is if you were a low-income worker, the way you collect the taxes through withholding, the corporation will pay the tax for the shareholder, so if you're a low-income taxpayer, you'll get a refund then over that backup withholding.
Discussing a tax scheme benefiting low-income workers through corporate tax payments.
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anybody who has just hit like $100,000, I mean the maximum. What is the maximum amount of earnings right now subject to the tax?
CBO has warned Congress for decades that we'd face a fiscal reckoning due to ballooning mandatory spending.
It's past time to get back to an adult conversation among elected officials, about getting the Federal Government back on a sustainable fiscal path.
the top one percent taxpayers pays more than 40 percent of the total income tax burden.
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