|
|
|
|
|
by glitchc
411 days ago
|
|
Whole (or raw) foods are tax-exempt in the US. This is NY, other states are roughly on par: https://www.tax.ny.gov/pubs_and_bulls/tg_bulletins/st/listin... There are about 10 that still charge taxes on groceries, but are considering phasing them out. Shelter is always tax exempt. There is no tax on rent. Mortgages, if anything, come with a tax rebate, as amounts paid can be claimed against collected income taxes. |
|
Also, you are wrong when you wrote, "Given that the lower and middle classes pay a disproportionate amount of income tax".
In fact, most Americans who earn under about $40,000 a year pay no federal income tax. I believe the vehicle that effects this outcome is mainly the earned income tax credit.