Its really bad for the individual…
Its really bad for the individual on how bad they are getting screwed by income tax compared to the corporate tax.
Corporate tax is only 2% of what individual income tax is collected.
See.
If one is retired and drawing social security, one get screwed a little more too.
file a joint return, and you and your spouse have a combined income* that is
* between $32,000 and $44,000, you may have to pay income tax on up to 50 percent of your benefits.
* more than $44,000, up to 85 percent of your benefits may be taxable
We need more than sound money to restore our freedom.