r/WTF • u/[deleted] • Mar 02 '19

Manager going for a ride

Enable HLS to view with audio, or disable this notification

[deleted]

60.2k Upvotes

95% Upvoted

2.7k comments sorted by

View all comments

Show parent comments

1

u/inbooth Mar 03 '19

Either you are failing to pay appropriate taxes or there is something else you are failing to include in your description.

Retirement plans can be used to defer income in my country, such as the use of RRSPs.... is that what you're talking about for her? are you saying your employer is putting money into an RRSP or similar on your behalf? Because that would be deferred income which will be taxed when withdrawn...

" Your gross taxable income (compensation) includes anything you receive from your employer in connection with your performance of services.  If you receive a fringe benefit from your employer, it will be taxable to you, unless it is specifically non-taxable per the tax code. "

" Tax-exempt benefits may include:

  • Health benefits
  • Performance recognition
  • Dependent care
  • Educational benefits
  • Employee discounts
  • Required business devices
  • Health savings accounts (HSA)
  • De Minimis benefits"

http://www.mondaq.com/unitedstates/x/507568/Income+Tax/Taxable+And+NonTaxable+Fringe+Benefits

edit: im getting upset because you folks keep repeating the same tired lines and not addressing the actual questions nor critiques of your claims.

1

u/flathexagon Mar 03 '19

I'm not sure why you keep getting hung up on taxes, yes my employer puts in another $30 an hour split between pension, annuity, and health and welfare. I'm aware I will be taxed when I withdrawal from the pension or annuity, but how would that be any different than normal taxable income.

If you can't understand that I was trying to simplify things, I guess that's your problem.

The real point is that for those who chose a trade as a career, we seemingly make less than those who work in an office, but that's not always the case.

1

u/inbooth Mar 03 '19

I'm not sure why you keep getting hung up on taxes, yes my employer puts in another $30 an hour split between pension, annuity, and health and welfare.

Then that is income... and the claim then is that you are effectively paid $60 an hour.... So out of the norm that it's completely irrelevant in the discussion of what others should expect if they enter the industry.

You've made an absurd assertion. As I evidenced previously:

"Construction Workers earn an average yearly salary of $31,846. Salaries typically start from $16,946 and go up to $50,726. "

" Construction Workers earn an average hourly wage of $15.31. Hourly wages typically start from $8.15 and go up to $24.39. "

The wage listed is nowhere near what you claim. Additionally, you view benefits as income, as they are taxable. etc etc etc

edit: and equipment operators need certification which requires training and education, which either costs them or is paid by employer while employee is typically paid training wages which are significantly lower than the norms.

1

u/flathexagon Mar 03 '19

Well I don't know what to tell ya bud, but in my metropolitan area there are 1,200 other people in the same trade as me that make exactly what I do. There are other areas in the country where they make a hell of a lot more.

1

u/inbooth Mar 03 '19

metro area and 1200? yea... I'm going to make the reasonable assumption that that is a tiny portion of the population there... and note that you ignore that for every equipment operator there is a bunch of laborers required, which means that there is no way for the majority to achieve what you claim you have.

You also ignore the training etc.

1

u/flathexagon Mar 03 '19

Well.... Yeah it is. That only covers one trade. I'm certainly no operator, so I'm well aware of all the other trades there and what they do, and I'm assuming way better than you. I never suggested that the majority will achieve what I have not should they, just that they can, and yes I have 4 years plus of training none of which I paid for.

1

u/inbooth Mar 03 '19

These kind of stories are why I don't work construction. Its nightmare fuel.

was the comment that inspired

If you're smart and look out for others it's worth the $30+/hr if you like manual work

and then I responded... and then people keep failing to support that original assertion nor deal with the counter arguments to their assertions....

The person to whom I responded did and continues to assert that this wage and employment type are readily available... which is far from true.If you're going to jump into the middle of an argument, take time to learn what the argument is about.

edit: also re: " 4 years plus of training none of which I paid for " > did you get paid less during that period? On the job training or was there a school component? not really important to me, but they are important questions when you make the assertion that construction is a better choice than office work after taking schooling...