Almost half of my salary goes to taxes every paycheck. That’s almost $150,000 I literally never get to see just taken away.
Almost half of my salary goes to taxes every paycheck. That’s almost $150,000 I literally never get to see just taken away.
Did you hear about the anti-gun nuns who bought a significant piece of ownership in the gun manufacturers? They have voting rights in those companies, and the manufacturers are slowly being forced to answer to them.
Where things get tricky and shitty (because they heavily lay the criticism on private individuals wanting to keep more of the money they worked for instead of on government not spending so fucking much without pause or careful control) is when you think it's by default somehow whiny to complain that a majority of one's income tax payments that go to a government which inevitably spends the majority of that money on things like the military budget or bureaucratic bloat. Does so much money deserve to go to these things without at least considering the complaints or reasonable debate of tax payers? The Etc etc etc you mention conceals a huge amount of government spending that is validly debatable and shouldn't just automatically be taken as a given because "progress".
I mean, for example, is it unreasonable to ask why an $800+ billion dollar defense budget is necessary for a country neighbored by Canada and Mexico? Is there a real risk that Russia and China will suddenly invade if the U.S doesn't tax its higher income citizens more heavily to pay for that much spending on this huge part of the federal budget? Then of course there's the question of just how much more expensive ensuring even the more "reasonable" basics of public spending that you mentioned is than it could be if there weren't all sorts of known inefficiencies in government services. For example: Federal and state healthcare spending in the U.S is a major part of both state and federal budgets, but how much of it simply gets wasted on terribly administered public health policies?
In basic terms, debates on taxable income also encourage debates on better public spending, and that's not something anyone should dismiss as "privileged whining" if they really think government also needs to be monitored and restricted in how it does things with public money.
I'd love to pay more taxes if the actual so-called "social contract" wasn't something in between a heist and an absolute management mess.
[1]: https://www.investopedia.com/personal-finance/how-much-incom...
And you can’t just say move somewhere else. Anywhere else that offers the same salaries has similar housing costs.
Sounds about right.
Edit: Oops, misread that 150k was before taxes. 150k after taxes should be enough to own a home
Income distributions and costs are very skewed in Bay Area and nominal numbers do not tell nearly the story: https://www.timesheraldonline.com/2019/02/22/in-some-bay-are...