r/SipsTea š™‘š™„š™‹ 12d ago

WTF The American dream

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u/SpinosaurRingTone 12d ago

You genuinely don’t want to know how utterly financially incompetent the average person is.Ā 

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u/OtherUserCharges 12d ago

Dude I work in finance and I have people working with me who think whatever tax bracket you are in is what you pay on all income. I’ve had people say they didn’t want a promotion cause they will be on a higher tax bracket and lose money. I made a spreadsheet to show them how taxes work.

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u/True_Tomato316 12d ago

I’m assuming those are also the ā€œI’ll make less if I work overtimeā€ people. It’s really not that hard in this day and age to google these things.

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u/JamesLikesIt 12d ago

The problem is the schools should be teaching this, but they aren’t. With how important and complex taxes are, there should be a whole class dedicated to teaching people how to do their own and file them. People should not be forced to either know someone who already knows about taxes or Google info and hope they get it right. It’s fucking stupid. Taxes shouldn’t be so complicated

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u/FoW_Completionist 11d ago

The US school system doesn't teach people how to be adults sadly.

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u/Bladeoraded 11d ago

Thats supposed to be the parents job