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by notch656a
1606 days ago
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Government revenue is 30% of GDP. Most of that comes either from taxing either US nationals or those residing inside US, or indirectly via tariffs and inflation (both of which effects both US nationals and foreigners). 90 years ago it was about 1/4th that figure (as percent GDP). We've had an explosion of government siphoning of GDP, so it's no surprise some people aren't happy about the situation. Recent stimulus checks excepted, in the US a single person making above poverty line can actually be taxed into poverty. I have looked into opting out of social security, but unfortunately you have to be a member of one of a few select religious organizations or certain unusual employment situations to be exempted (believe some teachers and rail workers with special retirement plans are excepted). I would like to see that option. Let me opt out for life of getting benefits of transfer payment, and in exchange not require me to pay any social transfer payment tax. |
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