if you’ve done the math, you can see that following this plan means living on as little as one-half to even one-third of your gross earnings.
And then once the government takes at least their 25% of what’s left you are gonna live on 25% or less of your gross?
No point in working.
“And then once the government takes at least their 25% of what’s left you are gonna live on 25% or less of your gross?
No point in working.”
Which is an argument made by the Gone Galters. The key is I think a mix of value-added tax free activities and savings.
E.g. You can change your own oil (and save $25) or work two hours and earn $50 less $20 dollars in taxes, netting $30. I’d argue that if it takes 20 minutes to change you oil and you don’t mind doing it, you’re money ahead by staying home. Unfortunately some income is a necessity.