All of the MS engineers in the U.S. have an effective income tax rate of 40%, not a marginal tax rate of 40%? Assuming Washington State takes about 10% margina

All of the MS engineers in the U.S. have an effective income tax rate of 40%, not a marginal tax rate of 40%? Assuming Washington State takes about 10% marginal tax... that's about half their income coming in above the 32% federal tax bracket which starts at $163k. Is a starting salary for an engineer at Microsoft really around $320,000/yr.? If they're really pulling in that, one would hope they'd have some long-term capital gains, which would further pull down their effective income tax rate.