pigfarmer82 - 2/7/2021 18:32
I don't think your tax dollar number makes much sense. A guy making $25/ hour would be in 15% bracket max and with standard deduction would pay very little in income tax. However I get your point and know many people just like him. Very hard to buy a house and contribute to retirement when you keep spending on crap you absolutely don't need. Even if you like camping their are tons of really nice used ones around that can be had for pennies on the dollar.
15% income tax plus 7.65 % SS + 5% state = 27.65% All standard deduction does is to help cover some of the living expenses. My guess deductions come up on short end for most folks of what it costs for a family to live. | 
Insanity of 10 year consumer credit loans Vs Investing those $
