1. Forum
  2. Usenet
  3. MISC.CONSUMERS.FRUGAL-LIV

  • "Childless Adults Are Lone Group Taxed Into Poverty"

    From Lenona@21:1/5 to All on Mon Jan 17 13:02:42 2022
    The study is from the Center on Budget and Policy Priorities. (It's not that long.)

    https://www.cbpp.org/research/federal-tax/childless-adults-are-lone-group-taxed-into-poverty

    Excerpt:

    "Childless Worker With Income at Poverty Line Owes $1,000 in Federal Taxes"

    From Reddit:

    "Here is an interesting link to a study about how childless adults are the only group in the US that are intentionally taxed further into poverty. And there are groups advocating taxing the childless/childfree more, regardless of why they are CF."

    https://www.reddit.com/r/childfree/comments/s5ejlc/here_is_an_interesting_link_to_a_study_about_how/

    More than 100 comments.

    Of course, not having children prevents a lot of expenses. However, I, for one, have known at least two well-educated, unmarried, childfree men (now in their 50s - they don't know each other) who have had a great deal of trouble making ends meet and who
    couldn't get the help they needed from the state, precisely because they don't have children.

    And, haven't we all heard of single millennials who ALREADY have to work 60 hours a week or more and so they don't see how they could possibly afford a family, let alone have any "family time"?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bob F@21:1/5 to Lenona on Mon Jan 17 14:56:00 2022
    On 1/17/2022 1:02 PM, Lenona wrote:
    The study is from the Center on Budget and Policy Priorities. (It's not that long.)

    https://www.cbpp.org/research/federal-tax/childless-adults-are-lone-group-taxed-into-poverty

    Excerpt:

    "Childless Worker With Income at Poverty Line Owes $1,000 in Federal Taxes"

    From Reddit:

    "Here is an interesting link to a study about how childless adults are the only group in the US that are intentionally taxed further into poverty. And there are groups advocating taxing the childless/childfree more, regardless of why they are CF."

    https://www.reddit.com/r/childfree/comments/s5ejlc/here_is_an_interesting_link_to_a_study_about_how/

    More than 100 comments.

    Of course, not having children prevents a lot of expenses. However, I, for one, have known at least two well-educated, unmarried, childfree men (now in their 50s - they don't know each other) who have had a great deal of trouble making ends meet and
    who couldn't get the help they needed from the state, precisely because they don't have children.

    And, haven't we all heard of single millennials who ALREADY have to work 60 hours a week or more and so they don't see how they could possibly afford a family, let alone have any "family time"?

    It must be a lot worse today with education loans becoming so huge.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From The Real Bev@21:1/5 to Lenona on Mon Jan 17 18:06:10 2022
    On 01/17/2022 01:02 PM, Lenona wrote:
    The study is from the Center on Budget and Policy Priorities. (It's not that long.)

    https://www.cbpp.org/research/federal-tax/childless-adults-are-lone-group-taxed-into-poverty

    Excerpt:

    "Childless Worker With Income at Poverty Line Owes $1,000 in Federal Taxes"

    No matter how little you make, you still have to pay FICA or
    self-employment tax. The fact that if you live long enough you'll get
    it all back doesn't make it any better on April 15.

    --
    Cheers, Bev
    "Tip: Place your houseplants in front of the television during
    the next presidential debate and watch how leafy they get."
    -- Scott Adams

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)