Guy #1 calculates the payment per month. Guy #2 tries to “correct” him by calculating the payment per year. Guy #1 suggests that Guy #2 divide his answer by 12.
Right, but the $50k figure mentioned is a yearly salary, not a monthly income. If you paid $4,500 a month on a $50,000 salary, you would pay $54,000 in child support per year, which is more than your total income.
I’m genuinely confused, what is incorrect here? Tax deduction is not done?
Guy #1 calculates the payment per month. Guy #2 tries to “correct” him by calculating the payment per year. Guy #1 suggests that Guy #2 divide his answer by 12.
Guy #1 said Blake Griffin earns 2.8 million per month. If that is correct, the math chexk
Right, but the $50k figure mentioned is a yearly salary, not a monthly income. If you paid $4,500 a month on a $50,000 salary, you would pay $54,000 in child support per year, which is more than your total income.
It’s definitely odd to swap timescales, though. Almost like he was baiting people to be wrong.