this post was submitted on 08 Sep 2023
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What's more depressing is that if you make $8 an hour, you essentially get all of your paid taxes back at the end of the year because you don't make enough to pay them. The standard deduction is $13,850 leaving you with $2790 of taxable income for the year. So you'd owe $279 in federal income tax at the end of the year, but you would almost certainly get that reduced to zero after income, child, or housing credits.
Depressing.