All the overseas employees working in NYC are not taxed. To create equity amongst employees, US employees get their salaries bumped up to make their offers app

All the overseas employees working in NYC are not taxed. To create equity amongst employees, US employees get their salaries bumped up to make their offers appear tax-free. So if your salary is $90K, and you are American, they give you enough money to make it $90K after-tax. Since there are a lot of factors involved in this (examples: spousal income and if you have a mortgage deduction) it's not as simple as reversing the marginal tax rates.