It’s tax season, and now we have an article claiming that taxes are racist: “Black married couples face heavier tax penalties than white couples,” and it’s pure BS. This is the logic:
When a Black or white couple have the same income, deductions and family structure, they will have the same tax liability, Gale said. But given the average economic differences between white and Black couples, according to the report, Black married couples are still more likely to face penalties and smaller bonuses.
Before tearing into the faulty logic here, I want to point out that “white” is not capitalized once in the article, while “Black” is capitalized every time. A bit of subtle “othering” that happens in journalism today.
So the taxes aren’t racist, it’s just that black married couples have more children than their white counterparts and taxpayers with children generally tend to face larger penalties under our current tax code. So it would be more accurate to say that the tax code discriminates against those with children.
I call bullshit on that, too. If a couple has a child, they get additional personal exemptions, they also get:
- child tax credit
- dependent care credit
- earned income credit
- adoption credit
- education credit
Let’s look at two married couples: they have the same income, same jobs, same financial situation. Each couple earns a combined $68,000 a year. Their employers withheld $5,000 from their paychecks for Federal taxes. The only difference is that couple one has no children, and couple two has two children.
Couple one is in the 12 percent tax bracket, with an effective tax rate of 11.03%. They will pay $4,644 in Federal income taxes this year, so they will get a $356 refund.
Couple two has two children. They are both latchkey children, so there are no childcare expenses to deduct. They are also in the 12 % bracket, and had the same effective tax rate as couple two. However, they get more credits, so only wind up paying a net $644 in Federal income tax, and will wind up with a refund of $4,356.
So if in fact black couples have more children that whites, blacks pay LESS in taxes.
Elrod · March 17, 2023 at 9:38 am
Have you not learned by now that “math is hard” and The Left is so severely math-challenged as to be completely untrustworthy in every instance where numbers are involved?
Jay Dee · March 17, 2023 at 1:09 pm
The devil, as always, is in the details. Progressive policies have largely destroyed the Black family. The percentage of Black families is far smaller than other races. They don’t get the benefits that accrue to traditional families. The answer is to eliminate the policies that destroy Black families and probably fire no small number of bureaucrats.
Aesop · March 17, 2023 at 3:27 pm
The Leftard media alimentary canal never lets truth get in the way of churning out a good screed.
Especially when the objective is advancing the racism narrative.
See Something Say Nothing · March 17, 2023 at 4:16 pm
They should demand by excessive agitation that all taxes be abolished in the spirit of equity.
Oh wait…they aren’t that smart. (honk!)
BTW-If you see something keep it to yourself is the EPIC greatness.
TechieDude · March 18, 2023 at 8:07 am
What I’ve seen among acquaintances and coworkers that are black is they don’t fill out their w4 properly, so they owe. They also tend not to file, as if the problem will go away on it’s own. If they have a side gig, they don’t do estimated taxes.
I’ve met more than one that just couldn’t be bothered filing at tax return. Meanwhile, in the background, Uncle Sugar is apply fees.
By the time they get to my tax accountant wife, they are well and truly screwed.