HN: "Firing a millionaire on paternity leave—and by "firing" I mean continuing to pay for the rest of their leave, plus probably a bunch of severance—is horrible!"
99% of the rest of the US: "WTF is paternity leave? Is that when your boss generously lets you use some of your annual leave for part of the week in which your kid is born?"
- Welcomed a new child into the family in the past 12 months through birth.
- Paid into State Disability Insurance (noted as "CASDI" on most paystubs) in the past 5 to 18 months.
- Not taken the maximum eight weeks of PFL in the past 12 months
Insinuating that 99% of the US lacks paternity leave is disingenuous.
These are people that get taxed at 55% (top california income + top federal income + additional taxes). Not the ones with multiple orders of magnitude more money that get taxed at 4%.
Their boat is so similar that its embarrassing for you to fall for the division.
Sticks, stones. I'm rubber, you're glue. Et c.
I'm well aware of the problem of false divisions distracting from the very real and much more important class war, but the level of concern on this one's still kinda silly, considering the broader context. Besides, I'm with the faction that'd rather get this news during paternal leave, than on the first week, or even month, back. Provided any pay for the leave—assuming at least some portion of it was paid—continued, anyway, which I expect it will unless they really want to risk a lawsuit for little benefit.
Since income taxes are graduated, there is literally no one that pays 55%. Instead, you just approach that rate as your income rises (and never reach it since your front income is taxed at lower rates).
you can have many dollars at the top tax rate. wouldn’t recommend.