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Real Corner
Moneymaking & Success
Business, Economics and Finance
The Deceptive Income of Physicians
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<blockquote data-quote="KJ" data-source="post: 81016" data-attributes="member: 1"><p>[URL unfurl="true"]https://www.hcplive.com/view/the_deceptive_income_of_physicians[/URL]</p><p></p><p>The median gross income among high school teachers, including the value of benefits but excluding their pension, is about $50,000 per year.9 The median gross income among internal medicine physicians is $205,441,8 accounting for time spent training, student loan debt, years worked, hours worked per year and disproportionate income taxes — the adjusted net hourly wage of an internist is $34.46 per hour, while that of a high school teacher is $30.47 per hour. Though the gross income of a fully trained internal medicine physician is four times that of a high school teacher, <strong>the adjusted net hourly wage of an internal medicine physician is only 1.13 times that of a high school teacher.</strong> Most people would argue that high school teachers are not paid enough, yet for some reason most people would also argue that physicians are paid too much.</p></blockquote><p></p>
[QUOTE="KJ, post: 81016, member: 1"] [URL unfurl="true"]https://www.hcplive.com/view/the_deceptive_income_of_physicians[/URL] The median gross income among high school teachers, including the value of benefits but excluding their pension, is about $50,000 per year.9 The median gross income among internal medicine physicians is $205,441,8 accounting for time spent training, student loan debt, years worked, hours worked per year and disproportionate income taxes — the adjusted net hourly wage of an internist is $34.46 per hour, while that of a high school teacher is $30.47 per hour. Though the gross income of a fully trained internal medicine physician is four times that of a high school teacher, [B]the adjusted net hourly wage of an internal medicine physician is only 1.13 times that of a high school teacher.[/B] Most people would argue that high school teachers are not paid enough, yet for some reason most people would also argue that physicians are paid too much. [/QUOTE]
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The Deceptive Income of Physicians
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