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Karl Auerbach /
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2025-01-09 00:06:58

Karl Auerbach on Nostr: I just got my latest US Social Security statement. As usual I paid more in US Federal ...

I just got my latest US Social Security statement.

As usual I paid more in US Federal Income tax last year than I received as earned or social security Income.

Yippee!

So, not only do I pay more income tax than most $billionaires and the incoming US Prez, but I also pay at a rate above 100% of my earned+social security income.

(I do have passive income from investments.)
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