Genuine question: what is the point made in the post? I feel like I'm missing something.
It's a blog. The person is starting a blog. They want people to visit it. People visit it and liked it. And upvoted this post.
No One Goes There Anymore
61–70 of 322 posts
Re: No One Goes There Anymore
#62Earlier quoted context omitted.
I generally assume that 40% of my paycheck will go to taxes and savings. That’s not quite correct, but it’s a good first order of magnitude estimate.
and savings?
That includes anything that’s pre-paycheck, which would include 401k and HSA in my case, but would exclude post-tax savings (I was imprecise in my original comment).
Again, this is a rough rule that’ll typically be personally conservative, not a precise calculation.
Re: No One Goes There Anymore
#63When I see about half my paycheck going to taxes it feels a bit rough. But then I think of stories like this, and how easily it could have been me with an illness requiring expensive medical treatment and possibly preventing me from working regular jobs. And so I pay my tax with pleasure, knowing that if something were to happen to me or my fellow citizen, at least there wouldn't be millions of dollars in hospital bi…
If half your paycheck is going to taxes you must have a bunch of $$$, I personally make around 300k/year and I feel like I'm not paying that much taxes. I could be paying much more and still live pretty comfortable, it's pretty outrageous.
* (Edit: Leaving original for traceability, but note my math was incorrect as per subsequent comment:) *
Depends on where and depends how you're counting it.
In Ontario, Canada, and I'm not an accountant so very approximately based on GoC website:
At ~~$150k CAD you are at 29% federal + 12 % Provincial tax.
On anything you buy though you get another 13% VAT
So now we are at 54%, plus CPP and EI.
Plus any other taxes - property, land transfer, etc - overall it's well above 50% for what would be ~100k USD
Re: No One Goes There Anymore
#64This is a touchy subject but with my genetic condition I’m scared to have kids. It sucks having this and I don’t know if I would want to watch my kids suffer through it. But I’m glad my parents did cause life isn’t that bad in the end.
Dogs are 50% the joy at 5% the effort :p Not having kids is great too :D
Re: No One Goes There Anymore
#65When I see about half my paycheck going to taxes it feels a bit rough. But then I think of stories like this, and how easily it could have been me with an illness requiring expensive medical treatment and possibly preventing me from working regular jobs. And so I pay my tax with pleasure, knowing that if something were to happen to me or my fellow citizen, at least there wouldn't be millions of dollars in hospital bi…
If half your paycheck is going to taxes you must have a bunch of $$$, I personally make around 300k/year and I feel like I'm not paying that much taxes. I could be paying much more and still live pretty comfortable, it's pretty outrageous.
Economists calculate taxes using the “tax wedge”—i.e. what you pay in taxes versus what you cost your employer. According to: https://smartasset.com/taxes/california-tax-calculator#WP4gh..., take home on $300,000 in California is $185,000. But including employer side payroll taxes but excluding benefits, you actually cost your employer $313,000. So your tax wedge is about 41%. Then add in the sales and property taxes you pay directly or indirectly, and you’re probably close to 45%. At $500,000, your tax wedge is 45% before sales and property taxes, so you’re probably over 50% all in.
Re: No One Goes There Anymore
#66> While homeless, my sons and I routinely tried to find out-of-the-way public tables.
Food at restaurants is marked up thousands of percent to cover costs of buildings, rent, power, human capital. The raw materials to make your food are pennies and are available to the average consumer. This is straight BS. There -are- people that truly have issues that lead them to a homeless condition, but this person is not one of them.
Re: No One Goes There Anymore
#67> While homeless, my sons and I routinely tried to find out-of-the-way public tables. Food at restaurants is marked up thousands of percent to cover costs of buildings, rent, power, human capital. The raw materials to make your food are pennies and are available to the average consumer. This is straight BS. There -are- people that truly have issues that lead them to a homeless condition, but this person is not one of…
>> While homeless, my sons and I routinely tried to find out-of-the-way public tables.
> Food at restaurants is marked up thousands of percent to cover costs of buildings, rent, power, human capital. The raw materials to make your food are pennies and are available to the average consumer.
If you're homeless that's not an option, since you probably lack equipment to cook from scratch.
Re: No One Goes There Anymore
#68This is a touchy subject but with my genetic condition I’m scared to have kids. It sucks having this and I don’t know if I would want to watch my kids suffer through it. But I’m glad my parents did cause life isn’t that bad in the end.
I didn't get a diagnosis until my kids were like 11 and 14, I think. I didn't have to think about that aspect, in part because my first child was the result of failed birth control. I was already married, so I didn't consider having an abortion.
But when I was having kids, I was still being treated like I was a hypochondriac. I sometimes refer to my diagnosis as "a better name for my condition than crazy."
Re: No One Goes There Anymore
#69Genuine question: what is the point made in the post? I feel like I'm missing something.
I was wondering this as well. I couldn't find the thesis and for a moment I wondered if this was posted as an example of an AI-generated post.
Re: No One Goes There Anymore
#70For those who were wondering over at https://news.ycombinator.com/item?id=23205588 , this is the kind of reading we have mostly lost. Just a guy (or gal?) with a life story, I’d come back to read the follow ups in a heartbeat. They also seems to notice the wall from the other side.
Gal. And if you want to see the follow ups, you can join my Patreon and get an invitation to my private email list where I post new stuff as it happens. And then maybe I can spend less time bitching about how poor and broke I am.
If you've got an email list going, 'might look into substack.com to monetize. (No affiliation)