Losing a job is hurting: you don't skip down to the job centre with a song in your heart, delighted at the prospect of doubling your income from the generous state.
It has some similarities to the proposal made by the Trump administration in late September and one of them is reducing the number of tax brackets based on Americans' income.
Furthermore, you can also choose to have a vacation internship, and the experience will increase your income as well as make you familiar with the society.