EPTWork 55 hrs/wk for 52 wks. at McD's for $102k - Page 4
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LuckyFool
United States9015 Posts
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draeger
United States3256 Posts
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TheosEx
United States894 Posts
And now that it's tax season... Oh well, better get back to work. | ||
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Hans-Titan
Denmark1711 Posts
On January 23 2009 04:43 LuckyFool wrote: Minimum wage is under 7 dollars an hour I believe, at least for most parts of the US. That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income. | ||
GHOSTCLAW
United States17042 Posts
On January 23 2009 05:38 Hans-Titan wrote: That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income. you really can't make a living off of such a low income, but some people do manage. | ||
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TaP.Nuada
United States428 Posts
On January 23 2009 05:38 Hans-Titan wrote: That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income. Right now minimum wage for the US national standard is $6.55/hr for anyone and everyone. Only three states offer minimum wage above $8. Kansas = $2.65/hr http://en.wikipedia.org/wiki/List_of_U.S.A._minimum_wages | ||
Heyoka
Katowice25012 Posts
On January 23 2009 05:38 Hans-Titan wrote: That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income. We're not taxed 40% on income. | ||
Daigomi
South Africa4316 Posts
On January 23 2009 00:45 Night[Mare wrote: minimum wage in mexico is $4.6 usd a DAY. i think 70% of the people here in mexico doesnt even make 50K usd a year. Most likely everyone here would take that bet Minimum wage in SA is $1.80  On January 23 2009 03:14 -orb- wrote: Agreed. What's the average life expectancy? 70? Assuming he's already in his 20s I wouldn't waste 1/50th of the rest of my life working that much for a year for 100k. This is a silly argument. 99% of people will waste way more than 810 hours ([14 hours additional work per week * 50 weeks] + [55 hours a week * 2 weeks that you normally have leave] = 810) of their life paying off study debts/buying a place to live. I don't know how things are in the US, but my sister got a good job at a big SA engineering firm last year, and she will work for 8 years to pay off the car + apartment she bought. If she could do this for a year before moving out she would be able to buy both those things in cash, and then spend the next seven years of her life saving up a shitload of cash that she would have payed on the house. For those with study loans, this is probably even worse. I would do this in the blink of an eye simply because working hard for one year will save me a lot of work and money in the long run. I am fairly sure that I will come close to dying of boredom during that year, but many people have much worse jobs and they survive, if I put my mind to it I'm sure I could survive. It's funny how we all seem to believe that we deserve jobs that will entertain us. Honestly though, if you think about it, how many of you will have jobs where they can claim an $80,000 tax free profit at the end of the year. That is a larger profit than the average psychologist with a Ph.D makes per year in total(according to wikipedia), and yet some of you claim that you wouldn't work weekends for one year to make that. You must have the world's most comfortable jobs. | ||
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jello_biafra
United Kingdom6638 Posts
lol you don't get taxed anywhere near that much with minimum wage. | ||
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checo
Mexico1364 Posts
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Hans-Titan
Denmark1711 Posts
Heh, I guess you're right. Personally, I don't pay taxes: noone does beneath 42.9k kr, which is roughly 7.6k US $. There are certain fees which add up to a certain percentage taxation for this bracket (don't remember the actual number but it's low), but the bottomline is that for the lowest percentage the tax burden is minimal. Above an annual income of 50k $ a year the taxes are high tho, at least 40% as you point it. But a McDonalds employee would never have to pay 40% in taxes. The point I'm trying to make is that noone can make a living of 7.5$/h despite paying no taxes whatsoever, assuming an average 37h work-week. | ||
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Raithed
China7078 Posts
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Grobyc
Canada18410 Posts
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naonao
United States847 Posts
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JWD
United States12607 Posts
Any other minimum wage job - count me in. I love menial labor. | ||
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G0dly
United States450 Posts
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ShadowDrgn
United States2497 Posts
On January 23 2009 01:45 Luddite wrote: 55 hours a weeks is soooo many hours. That's way, way worse than just 40 hours a week- it basically means you have no weekends at all. Every day just work, eat, fall asleep exhausted. It's not that bad at all working 11 hours M-F. 11 hours working 8 hours sleeping 1 hour for commute, showering, etc. 4 hours free time every day weekends off That's my schedule now anyway. I'm also surprised by how many other people chose "I make more than that already." | ||
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Daigomi
South Africa4316 Posts
On January 23 2009 06:47 Hans-Titan wrote: Heh, I guess you're right. Personally, I don't pay taxes: noone does beneath 42.9k kr, which is roughly 7.6k US $. There are certain fees which add up to a certain percentage taxation for this bracket (don't remember the actual number but it's low), but the bottomline is that for the lowest percentage the tax burden is minimal. Above an annual income of 50k $ a year the taxes are high tho, at least 40% as you point it. But a McDonalds employee would never have to pay 40% in taxes. The point I'm trying to make is that noone can make a living of 7.5$/h despite paying no taxes whatsoever, assuming an average 37h work-week. That also depends on living costs in the country you are staying in. For instance, in SA if you were to make 7.5$ per hour, and work a normal 40 hour week you'd make roughly $1200 per month. You can easily get a fairly nice room in a commune for $150-200 per month, or a rent a crappy flat in a slummy area for roughly the same. If you are willing to pay around $300 p/m you could live in a decent flat with a flatmate. That leaves you $900 for the rest of the month. Living reasonably well will cost you about $180 p/m, leaving you with $720 of which about $100 would go to petrol. So: Flat: $300 Groceries: $180 Petrol: $100 Spending Money: $620! Obviously getting stuff like medical aid and insurance will drain that $620 very quickly, but it's more than possible to survive on that in SA. Our maid gets paid around $600 per month for 10 hours of work a day, 5 days a week (a salary which is above the average, average maids get paid between $300 and $350 a month) and she is the sole provider for 2 children from that. It's all a matter of perspective. | ||
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Luddite
United States2315 Posts
On January 23 2009 05:38 Hans-Titan wrote: That is just grotesque. Minimum wage in Denmark is arond 10$ for people under 18 and around double that for people above 18. I make 23$/h doing dishes at a restaurant. Working for such low wages is just absurd and I honestly don't see how you can make a living of such a low income. do you seriously get 23$/h doing dishes? That's more than like half the US population makes. Hell, I think thats more than what half of US HOUSEHOLDS make. | ||
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Warrior Madness
Canada3791 Posts
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