Re:A Week in the Life of a McDonald’s Cashier
by Noumenon72 on Thursday December 05, 2019 @11:24PM
(#21719256)
He stated that it _could_ give workers $15/hour, not that it does. (It maxes out adding a little over $3/hour.)
You can get a Notice of Withholding to get the credit in your paychecks instead of at the end of the year. I don't know how well it works.
It's clearly possible in theory to get $15,000 on April 15 and $15,000 from McDonald's and live the same lifestyle as someone who makes $30,000 from paychecks. I could manage it easily, it's basic consumption smoothing. Should be able to borrow against the credit if necessary, too, since it's guaranteed.
You can get a Notice of Withholding to get the credit in your paychecks instead of at the end of the year. I don't know how well it works.
It's clearly possible in theory to get $15,000 on April 15 and $15,000 from McDonald's and live the same lifestyle as someone who makes $30,000 from paychecks. I could manage it easily, it's basic consumption smoothing. Should be able to borrow against the credit if necessary, too, since it's guaranteed.