Right, that’s the point. It looks like a tiny pebble in an ocean, but it’s merely one symptom of the problem as a whole.
You do make less than that. That means that if you were a business, your employee would be yielding less than that from your labor.
Yet, if your farm was an S-Corp, and attempted to pay yourself (as the employee) the $6.99 you’re worth, then they would say it was tax fraud and unfair compensation.
Sure taxation is theft, but you should be able to pay yourself whatever garbage wage you want. Then, after paying yourself that garbage wage, you should pay taxes at a lower rate because you’re not worth as much.
Anything else is artificial inflation, which isn’t free. The further you get from anarcho-capitalism, the further you get from just simply letting the market decide completely on its own, the closer you are to UBI and full on socialism.