Karl Auerbach on Nostr: This year I do not think that anyone with a salary less than that of the President of ...
This year I do not think that anyone with a salary less than that of the President of the US (presently $400,000 plus $50,000 for expenses - 3 USC 102) should pay more in Federal income tax than the President pays for that same year. (It does not matter whether the President accepted that salary or not.)
Apparently FFOTUS is paying $zero.
Therefore it seems right and just that no one in this here US of A who has a salary (earned) income of $450,000 or less should pay any Federal income tax for 2024.
Of course there remains the very open question whether given the catastrophe that is the US Federal gov't under the hand of of FFOTUS whether we can trust that taxes we pay actually will end up in the US Treasury or end up in somebody's private pocket.
Apparently FFOTUS is paying $zero.
Therefore it seems right and just that no one in this here US of A who has a salary (earned) income of $450,000 or less should pay any Federal income tax for 2024.
Of course there remains the very open question whether given the catastrophe that is the US Federal gov't under the hand of of FFOTUS whether we can trust that taxes we pay actually will end up in the US Treasury or end up in somebody's private pocket.