2 ms·
When talking to friends making almost double what I'm doing in California, I end up making more after tax. Added to that, I pay a lot less for rent, food, and
by eric_khun 6y ago
When talking to friends making almost double what I'm doing in California, I end up making more after tax.
Added to that, I pay a lot less for rent, food, and entertainment, and I have the freedom to move anywhere I want.
- tikhonj 6y agoWait, how does that work? In California, the effective tax rate for an engineer is going to be in the ballpark of 40–45%. If somebody is making about double then their income after taxes is about the same as your income before taxes. Even with a relatively expensive house (and high property tax), the effective rate is still not going to go far above 50%.
- smabie 6y agoThat's not how taxes work