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Taxes won't take half your pay, more like a third, maybe a bit more if you're towards the topend. Marginal tax rate != Effective tax rate. That said, I agree as
by sudosysgen 5y ago
Taxes won't take half your pay, more like a third, maybe a bit more if you're towards the topend. Marginal tax rate != Effective tax rate. That said, I agree as for the rest.
- imapeopleperson 5y agoNothing helps fine-tune math skills like seeing 6 figures go to taxes
- cm2012 5y agoWith FAANG salaries I've seen paystubs showing 47% total tax on the paystub, not including property and sales tax.
- sudosysgen 5y agoDid you take into account the tax return?
- wikibob 5y agoThis doesn’t need to be a debate. Simply calculate it and look at the effective tax rate. Here https://smartasset.com/taxes/california-paycheck-calculator https://smartasset.com/taxes/california-paycheck-calculator And use the Total Compensation data from https://levels.fyi https://levels.fyi You are taxed on RSUs the same as salary.
- cm2012 5y agoThis calc doesn't include payroll tax