Believe it or not, you don't have to work hard at all to live comfortably under Obama's 'wealth redistribution' economy. You can work part time and live quite well - Consider this for a family of 4;
If you work the equivalent of 30 hours a week at $7.25 per hour per year, you get the following 'benefits';
Earned Income Credit on federal tax return = $4,530
Child Credit on federal tax return = $1,247
EBT food stamps = $7,068
Cash Aid to working poor = $8.448
'Free' Medicaid - Cost is $0
Net Pay of ($11.300 – P/R taxes of $864) = $10,436
That's total benefits of $31,728 =$2,644 per month
Now let's look at that compares with a family of 4 working hard to make the median family income of $50,000;
Income = $50,000
Less Payroll and Income Taxes = $7,395
Less Obamacare cost (After subsidy PLUS Out of Pocket – Silver Plan) = $13,800
Net Income after taxes and Obamacare = $28,805 = $2,400 per month.
In other words, a family of 4 can work part time at minimum wage and have $244 per month more to spend than the family working hard and making the median income of $50,000 per year.
No wonder the middle class is suffering under Obama.