6K in SS + 15K in income + income credit + "medical, dental, food, housing subsidies, etc..." = a lot of real $. 100K in income - medical - dental - food -housing - 25% tax = not much more than the above. There is a reason why many people will earn only $15K and then stop working.
How many people making over 100K have to pay for their own medical and dental plans? I believe most of those are involved in corporations where that is provided for them.
Many more than make 75-100K. There are certainly jobs where you can make $100K "working for the man", but you are starting to get into an income segment that is dominated by self-employed and business owners.
This is ridiculous. I'm a performing artist and have several artist friends and acquaintances who have gone from living paycheck to paycheck, barely making rent and eating beans & rice every day to making $100,000 a year. There is a big difference, y'all. Huge. Come on. I've heard some arguments re: progressive tax negating an income jump from 75k to 125k. But from 15k to 100k? Come on.
...and again, it devolves into abstract number-crunching bull****. There's no use - free marketeers have the same kind of faith in the 'invisible hand' that muslims have in Allah - it's unshakeable, and will persist no matter how many failures, inconsistencies, and mystical mumbo-jumbo maxims you point out to them. It's simply not in their best interest to consider the fact that they may be wrong. They all think they're gonna end up wealthy, and that any change in the status quo will somehow force them to live with one car instead of two - beyond those concerns, none of them gives a damn.
