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Thread: I got an idea...
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04-22-2009, 09:23 PM #6
- Join Date
- Apr 2009
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- Monmouth, OR - USA
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Thanked: 317I have a simpler idea, how about raise the tax exempt minimum income from where it is now, a.k.a. "the poverty level" to the level of either a single person's reasonable living wage or a family wage for married folks?
Let's say that $50k per year is the average living wage for a family, if you are filing as a married couple and you make less than that, then you don't pay taxes.
FYI, I say this as a single guy making about $40k, which is well above the average cost of living for a single guy in my area.