• rumba@lemmy.zipEnglish
    20·
    9 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
      2·
      2 hours 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.

      • rumba@lemmy.zipEnglish
        2·
        13 minutes ago

        The nutritional stuff is like 6th grade science, about the time you should be burning peanuts with a bunsen burner.

        I’ve seen a few schools that have an elective financials class. But I think they’re still trying to balance checkbooks.

        The problem is it’s just one class and nobody takes classes seriously in high school. Most of them have forgotten the things that they used to know when it gets 20 30 40 years past there education.

        It’s like we need some kind of driver’s ed test but for living

        edit: 6th grade, no fire in elementary school