2 ms·
Depends on how the pay scales. If they pay 70% more to live there but only make 50% more, they probably aren't able to save much more than their peers. This i
by vonmoltke 10y ago
Depends on how the pay scales. If they pay 70% more to live there but only make 50% more, they probably aren't able to save much more than their peers. This is also where the regressive nature of income taxes start to hit.
- seanmcdirmid 10y agoI think you mean progressive rather than regressive. $200k in San Francisco is still much better than $100k in St. Louis.