And expenses do not exist? Just getting into location, to be at workplace on a first day, is a huge upfront investment! That is even before first minute of labour happened!
Some positions have negative net income!
-9 karma · joined June 5, 2025
Some positions have negative net income!
Most of income from employment is "unrealised". Employment comes with expenses such as car for commuting, rent in expensive part of town (where jobs are), clothes... Big part of "income" does not even land on a bank account (mandatory insurances, taxes, child support, alimony....)
If we will apply logic from property tax, to employment income tax, everyone would pay 100 USD tax every year. Because that was tax of 20 years old in their first job, and raising taxes is horrible!