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Biden Is Bankrolling Israel’s War Amid Growing Financial Hardship at Home (theintercept.com)

submitted 8 months ago by gitgud@lemmy.ml to c/usnews

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[–] ArcaneSlime@lemmy.dbzer0.com 1 points 8 months ago (1 children)

Yet people are spending 11% of their income on food due to rising prices and inflation and wages haven't really balanced out like in the 60s where my stepmom could pay for college with her summer job as a grocery bagger.

All I know is, if I had more money in my acct, it would get spent on food and bills.

[–] sonori 1 points 8 months ago

But the extra dollar less in taxes won’t do anything about shrinking wages or raising housing costs and you’ll just be back to where you were when your employer pays you less because after all, taxes are so much lower now.