It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever.
Tuesday, August 30, 2016
If You Accept this Raise, You Fall Off the Welfare Cliff
https://fee.org/articles/if-you-accept-this-raise-you-fall-off-the-welfare-cliff/
At your present $12 an hour you are eligible for refundable tax credits, food assistance, housing assistance, child care assistance, and medical assistance worth $41,465 combined. Together with your earned income after taxes of $22,121, you are now bringing home to your kids about $63,586 a year.
If you take your employer’s offer, you’ll earn $5,451 more after taxes, $27,572. You will also become eligible for an Affordable Care Act (ACA) premium tax credit. But at that level of earned income all your other benefits would decrease by $8,336, more than your increase in net pay. That means the income you would bring home would decrease from $63,586 to $60,701.
Now you see the inner workings on how the Government traps people into the system ...
Eliminate government welfare replacing it with private charity - AS IT WAS FOR MOST OF THIS COUNTRY'S EXISTENCE.
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