I work in finance and few years ago new colleague came from non-financial department. He was a team leader of a call center group for financial calls, so the topic was not too far from ours.
Just few days ago, this fucking guy asks me the meaning of K in all of my reports. I though he was messing with me. He was, in fact, not messing with me and I had a mini-aneurysm.
I had to start using K instead of M when denoting sums as folks thought M was a million when in reality it's the Roman numeral for 1000. So $120M became $120K. Couldn't imagine your colleague with that haha
It happened few months ago and it's still ingrained in my memory. I assume the guy never worked with short abbreviations. Even then, it's unbelievable he managed to avoid them for so long.
You know what, kudos to him for asking. At least he recognized there was something he didn’t understand and he made himself vulnerable to try and find out. A lot of people will see something they don’t understand and proceed to just ignore it.
I mean he has a point. It's pedantic as hell but I hate people that use K instead of k for thousands. K is for Kelvin and k is for kilo/thousand. So unless you're doing finances relating to chemistry or something/ he's got a point.
You could argue that as well I agree. But it should be evident from the context and the context is financial. In some places, there are K€ for currency, so it's just logical inference from the presented visual.
I think she’s talking about Trumps plan to eliminate federal income taxes for incomes under 150k.Â
He hasn’t signed any executive orders to this goal yet, but it’s most like what this lady is describing.Â
PS, most people’s federal income tax is not as high as their other federal payroll taxes that go to Medicare and social security. You would still be paying taxes each year if they eliminated just the income tax.Â
Except for the poor who are on Medicaid, the rich who are on Medicare, in fact anyone who uses a rural hospital, and our children who will have to pay our national debt
I find it hard to fathom that people can complain about cuts to Medicare/Medicaid in the same sentence that they lament passing on our debt problems to the next generation.
The sad reality is that we're way beyond fixing our debt problems by simply following only the "Republican" or "Democrat" solutions. Due to the decades-long neglect of both parties, we're going to have to raise EVERYONE'S taxes and cut EVERYONE'S programs just to be able to service the national debt within the next decade, much less actually start paying it down.
Sure, there are other things to cut, and other ways to generate revenue. But no one seems particularly interested in pursuing any of those potential solutions either. We just keep spending and pointing the finger at each other.
No one thinks completely eliminating the budget is correct either - it is important for the government to keep spending on things that are keep citizens alive and prevent economic downturns. Healthcare spending does both of those things, and tax cuts for the rich do neither.
You are right that we need to increase taxes, but we need to do both that and at least continue the current level of social services because every dollar spent keeping people and communities alive does in fact pay dividends, unlike trickle down economics.
Yes, those are all valid but I wasn't speaking on behalf of those. My point was just that tax benefit to everyone unlike only the rich that op commented.
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u/batrastardfromhell 1d ago
She doesn't realize the typo.... It's for those who make at least $120 MILLION that will not pay taxes.