@sapphire

The minimum ammount needed to file a tax return with the irs is 12,500, below that you need not file at the end of the year.

@Pat

Follow

@freemo @sapphire

>The minimum ammount needed to file a tax return with the irs is 12,500, below that you need not file at the end of the year.

I think they raised that to about $20K a few years ago. Yeah, that would need to go away. In fact the whole IRS would go away with this new system.

When I first mentioned this idea here in the thread, I said, '"Free beer" in the economics context means something like UBI or other similar transfer to the general population...'

Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.