Crikey. Who would have guessed.
You work all your life and have about 28-33% of everything you earn taken automatically out of every paycheck.
Then, with sales taxes on everything you purchase just to survive, along with life insurance, health insurance, dental insurance, motor vehicle insurance, and taxes on any bank account you may have acquired...
You try to subsist on a paycheck-to-paycheck existence, always knowing that you are constantly only 30 days from living on the streets.
Add in the depreciation due to the declining value of the US dollar -and this is a surprise?
That is not even counting any medical problems (and kids) that may come along.
Fifteen years on, and as of this moment an FRN is worth approximately 1/10 of what it was back then.
Food prices are skyrocketing. Gasoline and power bills are doubling. Taxes are increasing.
Only the illegals are getting a free pass on everything -for the sake of “the children”, of course.
Colour Me quite surprised. (/sarc)
More like 50% if you count in the state taxes and fees which is another name for a tax.
My boys are subsisting, 1 is married, with 1 kid, she can’t work, in the process of Chemo for Breast Cancer, and he has to work PT or she has not health care. His job full time with ins job was one of the first waves of big lay offs.
My youngest makes a whopping $15 an hr, lack of education. That is 1 area you can’t force them to get after they leave home.