Re:One in Three U.S. Workers Are Earning Less Than $15 an Hour
by dghlsakjg on Thursday March 24, 2022 @03:17PM
(#30794194)
No doubt there’s a reason that so many SA choose to work overseas. My point was more that $15usd an hour just doesn’t go that far in the states, even though it sounds like a very livable wage outside of the US.
Even within the states there are massive discrepancies. $15/hr in San Francisco probably means you are on the edge of homelessness. Meanwhile that same pay in the southeast might be enough for a modest life.
We also have a very high income tax rate. Up to something like 45% depending on your level of income.
If I for instance saved 10% of my salary vs someone earning comparatively the same in the US, I would have far less buying power in the world in general.
Overseas holidays are something very few can afford. Spending ZAR overseas is rough.