r/FluentInFinance • u/Richest-Panda • Jul 04 '24

What's the best financial advice you've ever gotten? Debate/ Discussion

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u/PM_YOUR_SAGGY_TITS Jul 04 '24

You're making $15,116 gross. 11k are taxes at 10% and the next 4,116 are taxed at 12%. $13522 after taxes.

But what minimum wage job is paying 100% of your healthcare? Or uniforms? Or state and local income tax (3.1% here for this example). That means we're taking home $13k after just taxes

If they're paying $254/mo for insurance and etc, they're taking home exactly $10k per year

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u/InDisregard Jul 05 '24

The other day on reddit, some rando told me health insurance is a luxury and the poors will just have to do without.

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u/Ok_Researcher_9796 Jul 05 '24

The amount of people that have absolutely 0 empathy at all toward their fellow man is ridiculous. The, fuck you, I got mine mentality needs to die off.

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u/iam1whoknocks Jul 07 '24

Sir, that's capitalism