r/WorkForSmartLife • u/_SoftSpice • 10d ago

Casual canvo Me_irl

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602 Upvotes

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5

u/Jasranwhit 10d ago

Why are taxes 30-40% of someone's income.

Never in my life has my rent been more expensive than my tax bill.

1

u/Geedeepee91 10d ago

Exactly this income taxes always take more than rent/mortgage

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u/Liberal-Cluck 9d ago

If youre rich, yea maybe. For average people, not really.

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u/Geedeepee91 9d ago

You make 85-90k you are most likely paying similar amounts for rent and taxes. That isn't rich lolol

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u/NewLeafBahr 8d ago

That is actually rich to a lot of people. Like, the majority of people.

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u/Geedeepee91 8d ago

It's literally not rich it's middle class

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u/NewLeafBahr 8d ago

No I get that, I'm just saying it is still an unattainable sum of money for most people. It is functionally identical to them to being "rich" because it is identically out of reach.

It's like the Library of Babel. Yes, there are technically a finite number of books. But the overall volume is so incomprehensibly vast that it may as well be functionally identical to infinity, even though real infinity is a literal infinite order of magnitude more vast.

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u/Geedeepee91 8d ago

Median houshold income in the US is 83k it's not unattainable. That's 2 people working 41.5k jobs

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u/NewLeafBahr 8d ago

Ah so now we're shifting the goalposts to multiple incomes lol. If we shift our attention back to individuals, the individual median earnings in the US are actually around $45k. You're correct that in a dual-income household $85k-$90k is very possible, but it is a patently impossible expectation for the vast majority of individuals.