Americans spend way too much on christmas presents.
Christmas is a bloated commercialistic holiday no wonder Americans love that shit.
Agreed… here, it’s about family, being together, chatting, laughing, just having a good time in general. Sure, there are discounts, but most people use those to just buy some new appliances (in most cases, replace broken ones).
Where I’m from it’s about getting drunk and playing with my cousin’s big ol’ tiddies while we’re having a smoke.
Alabama? 🤨
No, Sherry-Lynn.
Something funny I’ve seen is that in Norway it’s customary to distribute the income tax deduction over 11.5 months instead of 12, so that in November or December people only get deducted half the regular tax on their payslip. This is done to ensure that everyone has money for Christmas. It’s so dumb and beautiful that I can’t help but love the idea.
It’s actually only 10.5 months. There is no tax on your June payslip, that’s when most people get their vacation pay.
Yes that’s also very common, but that’s a little more complicated. It’s only an option for people who have had the same job for more than a year and for those who agree on settling the entire holiday pay in June even if they don’t actually go on holiday then. It varies how people do it.
Unlike Norway, most EU countries tax the holiday on accrual so it’s always without a deduction when paid out regardless of when. Norway taxes it in the payment year though it is spread over the other months.
There are pros and cons to both ways. Personally I think that EU has the better one, not because of the taxation but because it’s not necessary to accrue holiday in advance.
Probably a decent economic stimulus, government probably does not end up taking much of a loss with this.
haha imagine having money
I have ₹8k in my bank account - that is how much I’ve earned from my stupid internship in four months. Used some of it for emergency reasons. Placements for CS have dropped by 70% in India. I’ve graduated with a useless degree. And I’m still jobless after graduating last September. Haven’t used my bank account in a year lol. Have a broken laptop and phone. Fuck the system.
This is why you gotta use a Roth IRA, if you pull from it before 59 it’s heavily taxed. Forces you to save
Pretty sure you can pull contributions before 59 at anytime penalty free. Gains though and yeah you’ll pay penalties and taxes on.
Trans… saving up for a boob job
I hear ya
I emptied mine paying rent!
I emptied mine paying for life-saving medication!
That penguin hasn’t been this undecided since 2010! :0
