“And then once the government takes at least their 25% of whats left you are gonna live on 25% or less of your gross?
No point in working.”
Which is an argument made by the Gone Galters. The key is I think a mix of value-added tax free activities and savings.
E.g. You can change your own oil (and save $25) or work two hours and earn $50 less $20 dollars in taxes, netting $30. I’d argue that if it takes 20 minutes to change you oil and you don’t mind doing it, you’re money ahead by staying home. Unfortunately some income is a necessity.
I actually understand why welfare is a way of life for some. Don’t condone it but understand it. Of course the whole situation was created by government....at all levels.
The logic is situational.
I remember buying new tires during the Carter years (that I wouldn't have normally bought) because inflation was 25% and I reckoned that I was better off with the tires than the money.