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Cake day: January 24th, 2025

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  • angbandtoPolitical MemesHIDEOUS
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    9 days ago

    Yeah, if you can find a public tier ii map, rural areas are full of bunkers of holding tanks filled with petroleum and produced water from injection wells. So it works more than fantasticaly on tge rural public, many of whom earn a small amount of income on a shared lease.



  • To support around a 1% shortfall in fica, fica is about .5% of all income (feel free to fact check, I guessed a bit), 1950 fits the bill for their actual paid percentage of 41% vs their statutory 89%.

    Edit: it’d be interesting to know how much of a fica shortfall 4% taxes on the 1% would cover. Somewhere in the range of 50-150% is my guess. Seems more than the projected shortfalls. Now, if they got taxed at 91% for real, noone else would have to pay [much] income tax, and they could raise fica on the rest of us without objection.