• rumba@lemmy.zip
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    8 hours ago

    This is absolutely an educational failing. We barely cover taxes in school. At best it’s said once in a class, gets covered in a minor question on a test and if we get it wrong, no one notices. “We” probably still got a B on the test without any CLUE how taxes work.

    Yet here we are, dismantling any nationwide effort to make education better.

    A LOT of people think 99,999 tax is 27,999 and 100,001 is 29,000, even on the democrat side. If those charts are accurate, it’s probably damn close to 50% of US citizens.

    • Pyr_Pressure@lemmy.ca
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      20 minutes ago

      I seriously don’t understand why we don’t have a mandatory class that covers taxes, T4 slips, investing, labour laws, budgeting, reading nutritional information on foods, etc.