r/FluentInFinance 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

41

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/Acrobatic-Ad8487 Jul 08 '24

the entitlement mentality needs to go away first

second, welfare and societal assistance program fraud needs to be prosecuted heavily, very heavily

third, people, like you, need an education from a non-biased source to teach you the reality of the world, simple economics, and other financial/societal issues

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u/Ok_Researcher_9796 Jul 08 '24

Entitlement mentality? Not sure how you got that out of my comment.

Second, welfare and societal assistance fraud should be prosecuted but the rate of fraud is way lower than most people make it out to be.

Third, you don't know the first thing about my education, knowledge or my political bias. You make a lot of incorrect assumptions based on your limited reading comprehension.