4 ms·
> Overall, it's quite galling to see half of every dollar go to California and the US and see it spent on ineffectual and greedy people far less capable than me
by laurencerowe 4y ago
> Overall, it's quite galling to see half of every dollar go to California and the US and see it spent on ineffectual and greedy people far less capable than me and with far less suffering than who I'd prefer to help.
So as well paid software engineers our overall tax rates as single filers in California reach about 40% at $400k but would only reach 50% at around $5M annual income.
That public services are so expensive to provide in California reflects the fact that housing costs are so expensive. Housing costs are where they are because of a mix of very high average wages and the ingrained nimbyism of existing home owners sitting on multi-million dollar homes.
At the end of the day median public sector workers like teachers need to earn enough to pay median housing costs. In the Bay Area we don't pay teachers anything like that. That makes me wonder whether I should move away when I have school age kids even if I am making absurd tech salaries here.