Are you ready for some serious income stratification?

By | October 15, 2013

Because it’s coming.

For folks who can get more than one 28-hour-per-week part time job (that’s coming, too, you know), you’re going to find people that make up to $62,000 and people that make more than $77,000*. There won’t be anyone between those numbers.

What will end up happening is that $62,000 will be a ceiling. Any more than that, and take home pay effectively goes down. You’d need a 25% raise, at the very beginning of the year, to offset the loss of the subsidy.

Which will need a “fix” at some point in the future, I’m sure.

*2014 maximum income for a subsidy is $62,040. The cheapest Obamacare Approved plan is $15,000.

One thought on “Are you ready for some serious income stratification?

  1. The_Jack

    Speaking from experience the rejoinder will be “Well you can put more money into a 401K or donate it to charity!”

    And while the former will increase your net value… eventually… provided it’s not “nationalized” both options are a “let them eat cake” aren’t they?

    Oh you want more take home pay prole? Sorry no dice.

    And don’t forget the “fix” for those part time jobs. That’s coming too.

    Reply

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