Your example is an income of $200k, not $60k. So no, that person is not being subsidized.
But yes, our tax system is horribly biased towards those who get to manage their income level or business deductions. W-2 worker bees can't even deduct the cost of the car they need to get to work.
Comments
Your example is an income of $200k, not $60k. So no, that person is not being subsidized.
But yes, our tax system is horribly biased towards those who get to manage their income level or business deductions. W-2 worker bees can't even deduct the cost of the car they need to get to work.