Thursday, December 30, 2021

Taxes

As people file their taxes this year it is important to use software as there are many benefits for low income workers. Many cities have places where AARP offers help. I worked there for 11 years and know first hand how this can benefit low wage earners. A typical case is the single mom who gets help from grandma baby sitting. She works full time at Walmart and has two small children. She has benefits like health insurance, pension, holidays and vacation. She earns $30,000 per year. When you subtract her taxes and add back her benefits she will take home $39,518. If the new law offering universal childcare passes she could pay $2,100 per year and not have to rely on grandma giving her an income of $37,418.

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