Thursday, April 21, 2011
In Entitlement America, The Head Of A Household Of Four Making Minimum Wage Has More Disposable Income Than A Family Making $60,000 A Year
Almost all welfare programs have Web sites where you can call up "benefits calculators." Just plug in your income and family size and, presto, your benefits are automatically calculated.
The chart is quite revealing. A one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year.
If the one-week-a-month worker maintains an unreported cash-only job on the side, the deal gets better than a regular $60,000-a-year job. In this scenario, you maintain a reportable, payroll deductible, low-income job for federal tax purposes. This allows you to easily establish your qualification for all these welfare programs. Then your black-market job gives you additional cash without interfering with your benefits. Some economists estimate there is one trillion in unreported income each year in the United States.
Hey John O, do you remember Rammel? Rammel, who we nicknamed the General, worked with us a few days a week in Palos and then dealt drugs out of his apartment in Englewood. This explains why he bothered with the side job.
Diego notes: To some this is a success story: Equality. Yes, equality of result, not opportunity but that matters little. It is Equality.
Labels: our awful government