Democrats’ latest tax borrow print and spend idea is to pay people to have children. They are going to send out checks to the parents of every child (as long as the parent makes below a certain amount of money) in the amount of $3600 a year PER KID.
Let’s use my home state as an example: Florida’s minimum wage is $8.65 an hour. That means that a person making minimum wage earns $17,992 a year. SNAP is limited to those who earn no more than 130% of the Federal poverty line. That means that a family of three is considered to be SNAP eligible if they are earning about $26,000 a year or less.
Let’s use that as our example: A single mother of two, ages 10 and 6, who is earning minimum wage. She would receive $500 a month in SNAP benefits. That same woman would get $6,600 a year in Earned Income Credit. There are other aid programs out there that will get her more benefits, but let’s concentrate just on this for now.
Adding up all of her benefits, a woman making minimum wage has an annual income of nearly $45,000 a year, and the only taxes she pays is Social Security and Medicare at $1,350 for the year. Her effective income when adjusting for the taxes not being paid on her handouts? She is making the equivalent of $65,000 a year.
The most lucrative job to have is making more ‘poor’ people, who will grow up and vote for more handouts.
4 Comments
Therefore · March 3, 2021 at 7:39 am
The day after my first divorce finalized my boss have me a raise. I was making $65k/year.
I paid child support for $9k per year. About 26k per year in taxes. She claimed the kids. I paid another $2k per year for “emergency” childcare, i.e. she decides I have the kids . Monday cause she’s out of state and I still have to go to work.
I still have to have two bedrooms for the kids and supply all the rest of their needs for when they are with me but I don’t count that.
My spendable income is $28k. I’m driving a 7 year old car and hanging on by my fingers.
She couldn’t work because kids. So she got free housing, food and a transportation allowance because kids. She declares non of the child support. She got herself and both kids declared disabled so she got social security.
My best bet was that she had an after taxes income of around $45k. The fact that she was driving a new car less than a month after our divorce supported my guess.
As a disabled person she did not have to look for work so spent the time writing novels.
If you are smart it isn’t hard to have the system and the system isn’t set up to stop the gamers for fear of just one kid from going without.
Kid · March 3, 2021 at 10:23 am
Word.
joe · March 4, 2021 at 9:12 pm
i want one of the seeds they use to plant these money trees…anyone know where to get them?
Divemedic · March 4, 2021 at 9:16 pm
It’s called a vagina
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