Cant imagine making 30 k a year and having to pay even 1600 in taxes. This is saying it will increase that much.
this post was submitted on 22 Feb 2025
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Enshittification
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What is enshittification?
The phenomenon of online platforms gradually degrading the quality of their services, often by promoting advertisements and sponsored content, in order to increase profits. (Cory Doctorow, 2022, extracted from Wikitionary) source
The lifecycle of Big Internet
We discuss how predatory big tech platforms live and die by luring people in and then decaying for profit.
Embrace, extend and extinguish
We also discuss how naturally open technologies like the Fediverse can be susceptible to corporate takeovers, rugpulls and subsequent enshittification.
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Why will there be a tax increase?
Not OP but, I think the top earners would be taxed more. To the best of my understanding there is currently a cap on social security for the highest earners.
Most countries already have a budget deficit or at least they generally will when they start increasing the social security budget. So when the US starts to really fund a social security system taxes will increase. If you calculate the marginal tax income (so tax paid + the missed social security others get) it means that a lot will see a tax increase as well.