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You are underestimating the taxes. The simple way to get the after-tax income is just divide the annual cost of the 1-bed apartment by the % of salary and multi
by cpncrunch 11y ago
You are underestimating the taxes. The simple way to get the after-tax income is just divide the annual cost of the 1-bed apartment by the % of salary and multiply by 100. The google employee only keeps $56k after paying for the 1-bed apartment, if my calculations are correct (compared to $59k for the RadPad employee).
If you do the calculations with 2-bed apartments the numbers are much worse for SF. Google employee gets to keep $39.5k, compared to $53.5k for the RadPad employee!