"Renaissance Thinking About the Issues of Our Day"
If You Make Less Than $60,000 and Have Kids, Quit Your Job!
Submitted by Calperson on 23. February 2012 - 10:22
If You Make Less Than $60,000 and Have Kids, Quit Your Job!
Because you'll actually live better on the dole:
You can do as well working one week a month at minimum wage as you can working $60,000-a-year, full-time, high-stress job.
My chart tells the story. It is pretty much self-explanatory.
The really depressing part is that if you work hard and double your income from $14K to $30K, you actually get poorer.
Comments
A 6th grader knows that those numbers are all BS. You can't count a "possible" benefit as income. If that's the case I'm a millionaire. Income 35,000. Married filing jointly standard deduction for married filing jointly 11,600. Education credits for 2 kids in college 2,500. Life insurance for myself 100,000. Health insurance benefit maximum 350,000.
Income: 35,000
Deductions: 11,600
Credits: 2,500
Life insurance: 100,000
Health insurance: 350,000
Total disposable income: $499,100 dollars!
That doesn't even include my wife's pay and "benefits". Thank you for shining a light on this situation. I didn't know that I was stinking rich!
What are you talking about? The chart mentions nothing of "life Insurance" or Health insurance? What do you mean by "possible"?
What are you talking about? The chart mentions nothing of "life Insurance" or Health insurance? What do you mean by "possible"?
There in lies the problem. You can't get the real story from a chart. Many of those benefits are never received in reality. Only on a chart. If they need some of those benefits they will probably receive them. The same way that if I need my health insurance to cover a major medical problem I will receive it. It's all bogus and meant to further demonize the poor. Where is the human in you. It's got to be there somewhere.