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So in California we were losing about half of our money to taxes, its always fun to make estimated tax payments when you received your quarterly RSUs(~40% of th
by subsubzero 4y ago
So in California we were losing about half of our money to taxes, its always fun to make estimated tax payments when you received your quarterly RSUs(~40% of the RSU money goes to taxes when you get them) and then with the rest putting half of that towards a quarterly tax payment, we left the state to avoid the stranglehold of taxes and will probably go to 1 income as two high earners just isn't worth it, but if you like higher taxes move to Europe, you may love it there.
- hadlock 4y agoI'm not sure about tech salaries, but based on several surveys, it would appear that effective tax rate for most workers is about the same between european countries and united states. They just spend less on defense, and more on social programs (although some countries have very recently increased defense spending). California taxes are extremely high though, I agree.
- EricE 4y ago>They just spend less on defense Because the US takes up the slack. Something we need to seriously STOP doing :p