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What about payroll taxes? In most places, your employer pays additional tax on top of your pre-tax salary.
by dlitz 11y ago
What about payroll taxes? In most places, your employer pays additional tax on top of your pre-tax salary.
- icebraining 11y agoApart from the withholding of income tax (which I was already counting), I think they only pay social security (23.75%). Considering that many professional programmers with a college degree in Software Engineering make ~$1300/m (net), the remaining $2700 is plenty to cover all taxes and expenses for both parties.