I used to be a supervisor at a psych hospital and had to regularly explain this to staff who were refusing overtime. They wanted to do it, sometimes desperately so because they needed the money, but they were utterly convinced that once they crossed 40 or 45k or whatever they would be taxed higher and make it all pointless. I felt like some just didn’t want to do ot, which was fine, but some legit keep meticulous records of their earnings to ensure they wouldn’t go over the line. I swore to them it didn’t work this way but they never believed me
Yeah, I remember my parents teaching me a whole lot of shit that Fox News would call “woke” today. I’m just thankful that I grew up when I did, because if it were now I’d probably have died of measles.
Would have to be mandated by workplace regulations, no company is going to voluntarily educate their employees that more money has no downside.
I’ll also say this doesn’t help, it strangely avoids the actual numbers. It should state explicitly that his total taxes would be $1,600+$4,266+$2,827=$8692, and not $13200. Needs to include the scenarios specific results and contrasted with what the viewer would have assumed otherwise.
But you have to keep it going to highlight how much wealthier people pay (although that’s tougher since their income is not “income”). Maybe throw in a few examples of the wealthiest Americans and wha recent age they pay, to not only clarify it, but retarget their anger where it belongs
We covered how taxes are calculated at school, it isn’t very complicated. Yet SO MANY people insist they end up getting paid more it made me question myself for a while.
Although sometimes the removal of certain benefits does mean people can be worse off for £1 extra. Which if anything is just a sign that the benefits were poorly thought out and should taper off instead of being a hard limit.
There is probably sticker shock involved. Someone who gets a raise will see a new amount of taxes witheld and may be upset. It could even be they didn’t know what the amount taken out before taxes was.
The only way that’s a problem is if you’re on certain government benefits, if you make just a little bit too much there’s a hard cutoff for many benefits so you may end up losing more than you made in OT. But if your staff is facing this dilemma, they need to be paid more.
Pay them more? So they can lose their benefits? Are you crazy?
I’m kidding, of course. I know that what you mean is, “pay them so that they can afford to live without requiring benefits.”
You get into some of the poorer places in the country though, that truly would be nearly impossible for most businesses. There are some places in West Virginia that would immediately have no access to gasoline, groceries, etc.
It is crazy to think that Bobby McBusinessman gets to ride around in a giant RV all summer because the government pays his employees. They don’t see it that way though, as they collect their HUD payments and accept food stamps while all of their employees receive food stamps and medical benefits.
All while the rest of the community lives on nothing and experiences very little joy in this life.
What do I know though? I’m just a pissed off hillbilly who helped make someone who isn’t me very rich.
Short of doing a demo with rolls of change or MnMs or something, asking people to conceptualize math that is not just simple addition is often asking too much. Especially when people’s financial literacy is learned at home from people who retired in 1996.
I used to be a supervisor at a psych hospital and had to regularly explain this to staff who were refusing overtime. They wanted to do it, sometimes desperately so because they needed the money, but they were utterly convinced that once they crossed 40 or 45k or whatever they would be taxed higher and make it all pointless. I felt like some just didn’t want to do ot, which was fine, but some legit keep meticulous records of their earnings to ensure they wouldn’t go over the line. I swore to them it didn’t work this way but they never believed me
Seen the same bullshit when I worked retail. Nothing will convince them.
It’s easier to trick someone than it is to convince them they’re wrong.
I wonder how different the planet would be if boomers had just been taught, from an early age, that it’s OK to be wrong.
I remember my mom saying something like “don’t believe what you see on tv and only half of what you read.” Yet here we are.
My mom told me “these white people will never see you as an American”
Now she’s blaming democrats for “Migrant crisis”
🤦♂️
Yeah, I remember my parents teaching me a whole lot of shit that Fox News would call “woke” today. I’m just thankful that I grew up when I did, because if it were now I’d probably have died of measles.
Should print out a poster infographic explaining progressive taxation and put it up on the wall in the break room
Would have to be mandated by workplace regulations, no company is going to voluntarily educate their employees that more money has no downside.
I’ll also say this doesn’t help, it strangely avoids the actual numbers. It should state explicitly that his total taxes would be $1,600+$4,266+$2,827=$8692, and not $13200. Needs to include the scenarios specific results and contrasted with what the viewer would have assumed otherwise.
This infographic is kinda bad and would not convince someone who doesn’t know how it works at all
But you have to keep it going to highlight how much wealthier people pay (although that’s tougher since their income is not “income”). Maybe throw in a few examples of the wealthiest Americans and wha recent age they pay, to not only clarify it, but retarget their anger where it belongs
Yeah I am pretty sure they wouldn’t understand this either
We covered how taxes are calculated at school, it isn’t very complicated. Yet SO MANY people insist they end up getting paid more it made me question myself for a while.
Although sometimes the removal of certain benefits does mean people can be worse off for £1 extra. Which if anything is just a sign that the benefits were poorly thought out and should taper off instead of being a hard limit.
There is probably sticker shock involved. Someone who gets a raise will see a new amount of taxes witheld and may be upset. It could even be they didn’t know what the amount taken out before taxes was.
The only way that’s a problem is if you’re on certain government benefits, if you make just a little bit too much there’s a hard cutoff for many benefits so you may end up losing more than you made in OT. But if your staff is facing this dilemma, they need to be paid more.
Pay them more? So they can lose their benefits? Are you crazy?
I’m kidding, of course. I know that what you mean is, “pay them so that they can afford to live without requiring benefits.”
You get into some of the poorer places in the country though, that truly would be nearly impossible for most businesses. There are some places in West Virginia that would immediately have no access to gasoline, groceries, etc.
It is crazy to think that Bobby McBusinessman gets to ride around in a giant RV all summer because the government pays his employees. They don’t see it that way though, as they collect their HUD payments and accept food stamps while all of their employees receive food stamps and medical benefits.
All while the rest of the community lives on nothing and experiences very little joy in this life.
What do I know though? I’m just a pissed off hillbilly who helped make someone who isn’t me very rich.
Short of doing a demo with rolls of change or MnMs or something, asking people to conceptualize math that is not just simple addition is often asking too much. Especially when people’s financial literacy is learned at home from people who retired in 1996.
Well look where we are, trump loves the uneducated, they got his thieving rapist ass elected.