The Factory Floor

9:47 AM

no, pretty sure it was Dutch wife

@MorrisTheCat

9 hours later…

6:34 PM

Afternoon Everybody.

Afternoon.

@HDE226868 You been keeping up with the drama? I have not, no idea if things have improved or not.

@James To an extent. Not very carefully; things have been busy in my neck of the woods.

@HDE226868 Same. I was hoping the end of year slowdown would happen like it usually does once you hit thanksgiving, but damn, too many projects going on.

Yeah, that's always rough.

6:42 PM

Finals for you?

Yeah, starting next week. Those and grad school apps.

Yikes. Better you than me. I got my masters but honestly I have no interest in going back for a doctorate. Which, my wife who is about to defend her dissertation is going to abuse. She already told me I have to call her Doctor as soon as she's done.

@James That's hilarious.

Best of luck to her.

She knows her stuff. She'll do fine. My plan is to call her Dr so often she gets annoyed and tells me to stop ;-)

7:32 PM

A guy I know was married for something like 30 years before his wife found out that he had a doctorate. Only found out when a piece of mail came addressed to Dr Husbands Name

They'd never talked about their respective educations? I mean, it's not the first thing you'd talk about, but over 30 years...

I dunno. He's pretty humble, probably didn't talk about it much

If I am remembering correctly, he said he took something like 24 credits a semester all through school.

...how? Are credits counted differently in the states or something? Because up here, you'd have about 50 hours of class a day if you were taking 24 credits in one semester.

@Gryphon-ReinstateMonica He sleeps from 12 am to 3 am.

I don't think they count credits the same here...

That cannot be healthy. How many credits do you usually have in a semester in the states?

7:39 PM

is typical

that would be 4 or 5 classes a semester

If I'm remembering correctly

It's been so very long since I took classes

Yeah, we've usually got 2.5 credits a semester (a typical class is half a credit). So 24 would be... legitimately impossible unless every single one was a bird course.

He's way on the outer edge of the bell curve... I seriously wish I could get by on 3 hours sleep a night

blinks

weird credit system

Which one?

here you get 1 credit for a subject that is for 1 hour a week

so if a class is 4 hours a week, it's usually 4 credits

well, at least that's rule of thumb, there are some that have more hours and less creds, and some that have less hours and more creds

7:45 PM

That sounds about right for what I did.

@FailusMaximus Where is "here"? (roughly speaking)

@FailusMaximus No, you see that would make sense.

Czech Republic

Ah, right. Yeah, the US system is like that too

you're expected to get 30 creds a semester, with 15-20(depending on which uni you're on) being total minimum

you need to have 180 creds for Bach, 120 for following Master

30 a semester? how many classes is that in a week, roughly?

7:50 PM

that's 45/50 minute * 30 a week

usually we have format of
45/15 or 50/10 for single classes and 90/30 or 100/20 for double classes

where second number is break time/ time to move to different class/builing

@Gryphon-ReinstateMonica The thing is, they charge per credit, so the more credits a class takes, the more money you pay them

meanwhile in my country

you have 4 years state funded for bach, 3 years state funded for master degree

though we have public universities

@AndyD273 Here, you just pay a flat rate (although if you're only taking a couple of classes, there is usually a cheaper part-time rate).

private universities do exist, but they suck

they're basically for rich people who wouldn't be able to get that kind of degree in public university

@FailusMaximus Your taxes are also super-high though.

7:55 PM

If they suck, and you have to pay yourself, I wonder why they exist

@FailusMaximus So basically you want to get through as fast as possible so that you don't have to pay any out of pocket

Taxation in the Czech Republic

I don't know, is 15% income tax a lot?

Czech Republic’s current tax system was put into administration on 1 January 1993. Since then, an updated VAT act was introduced on 1 May 2004 when Czech Republic joined the EU and the act had to correspond to EU law. In 2008, the administration also introduced Energy Taxation. Changes to tax laws are quite frequent and common in the Czech Republic due to a dynamic economy. Highest levels of revenue are generated from income tax, social security contributions, value-added tax and the corporate tax. In 2015, total revenue stood at CZK 670.216 billion which was 36.3% of GDP. The tax quota of the...

Andy, classic bach time is 3 years

so you have 3 years funded, +1 bonus if you don't do that well

actually I'm wrong, 15% is pure income tax, there's also pension insurance and health insurance for total of 11% bonus

so 26%

and additionally, there's tax that employer directly has to pay for you, which he would have paid you otherwise

in the end you get 74%, while you should have gotten 134 if there was no tax

so it's equal to ~ 44% total tax

right forgot to mention, one good thing is, most people don't have to fill their taxes

state takes the money directly from transaction between employer and employee

this, obviously isn't universal, self-employed people do have to fill and pay their own taxes

but people like burger flippers, or state employees don't have to bother filling their taxes

@FailusMaximus 44%, plus a 21% VAT apparently. Which is higher than the taxes in the vast majority of non-European countries.

8:12 PM

as I said though, this tax also pays for healthcare and biggest part of it actually goes to pension fund

from which you're later paid pension after 65 years of age

and VAT is 15% for most things, with 21% being the highest rate

15% actually covers most common products

In Canada, (which has high taxes itself), the top tax bracket is a bit over 50% (depends on your province), but most people don't make enough to pay that. Generally, your effective taxes are somewhere around 30-35%, with no VAT, and we also have universal healthcare. So yeah, I'd say your taxes are very high compared to most countries.

If you're making less than 100k$ per year, you're probably not going to be paying over 35%.

actually you have 5-15% VAT

depending on province