mcntsh

16 ms·

151.
by mcntsh 4y ago
You can go plug your income into a tax calculator for NYC and you’ll see that on a 200k income you’d be paying 4.15% on each pay check - this takes into account the progressive tax system on the federal state and city level. This is almost
152.
by mcntsh 4y ago
No there's no agreement, you're being overly pedantic. This analysis covers DOLLAR COST comparisons of the cities, it doesn't take into account anything outside of that. If it's not valuable to you then skip over it.
153.
by mcntsh 4y ago
> Yes, but the ones that do are clearly forgoing tens or of thousands to do it so unquestionably it has value. ... that only means it has value for those people. If money wasn't an option, I still wouldn't move to San Francis
154.
by mcntsh 4y ago
For earners making over 60k the cost is $2176 plus 3.867% of your income[1], which brings the total % of liable tax up. [1]: https://www.nyc.gov/assets/finance/downloads/pdf/22pdf/busin...
155.
by mcntsh 4y ago
Counter point: most people in America don't live in these HCOL cities.
156.
by mcntsh 4y ago
It's not because it removes subjectivity out of the equation. You might put a lot of value into living by a train station and stores but someone else might but a lot of value into having space and a garden. You can't factor the be
157.
by mcntsh 4y ago
You can't really control for this because it's completely subjective.
158.
by mcntsh 4y ago
> What is not in dispute is that the richest New Yorkers pay most of the income tax the city collects. The 41,000 filers in the top 1% pay just over 40% of all income taxes. The 450,000 in the top 10% contribute almost exactly two-thirds
159.
by mcntsh 4y ago
AFAIK, being a rent stabilized unit has no bearing on the actual rent cost, it just means landlords cannot raise the rent above a certain percentage after contract renewal. My 1br apartment is almost $4k/mo and it's rent stabilize
160.
by mcntsh 4y ago
One thing I was not prepared for was the taxes. My total tax bill comes out to around 39% of my pay check... paying $2k/mo in state/city taxes alone. Shocking, coming from Germany, where the tax (minus health insurance) was almost
161.
by mcntsh 4y ago
It really sparks optimism when the economic system you live in considers people and businesses having lots of wealth as a bad thing.
162.
by mcntsh 4y ago
I personally can't get over how you have to stop pedaling to shift using internal gear systems. People told me you "get used to it," which is true, but the awkwardness never goes away.
163.
by mcntsh 4y ago
Are there really many cities in the western world that dont have a housing shortage? I'm worried that the housing shortage isn't caused by increased population, and that building more houses won't necessarily solve the prob
164.
by mcntsh 4y ago
I guess the shocking part is that you have all of this theft and crime and grit, all happening around people making hundreds of thousands a year living in multi million dollar houses. Go look at the tax revenue of San Francisco vs Albuquerq
165.
by mcntsh 4y ago
Wouldn't those also be taken into account for the drivers side of the comparison?
166.
by mcntsh 4y ago
The first example they give is NYC, showing cars being almost twice as fast as the train. NYC is denser than most European capitals.
167.
by mcntsh 4y ago
Are Volkswagens supposed to be reliable? I had one and it was in the shop every few months. Worst car I ever owned...
168.
by mcntsh 4y ago
The push back on Prop 13 blows my mind. "What will actually make housing cheaper, is to make costs higher, actually." Ok you've forced a bunch of house painters and restaurant owners to sell and move out. More tech workers bu
169.
by mcntsh 4y ago
Medium started off as a no-BS blog platform with a snappy reader experience and ended as the total opposite of that. Many digital products face the same fate once they're forced to monetize.
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by mcntsh 4y ago
No, but there basically aren't any apartments on the market, and the ones left are twice the price they costed a few years ago.
171.
by mcntsh 4y ago
I used to dream about working at Google until I interviewed with them. I got dragged along for months and largely ignored between interviews. The interviews themselves were impersonal and non interactive. They gave the impression that I sho
172.
by mcntsh 4y ago
Meh I worked at a mobile bank startup and I learned a lot and grew a lot. Was a great point in my career.
173.
by mcntsh 4y ago
Amazon has a bad reputation as an employer. I've personally never considered applying nor have I ever answered an Amazon recruiter.
174.
by mcntsh 4y ago
I think they mean 60k a year, not month.
175.
by mcntsh 4y ago
I can chime in about Berlin. Your average Senior SWE will make 3,900 euro after tax, a decent 1br apartment might be 1,200. You can save around 1,500/mo after expenses if you don't go crazy.
176.
by mcntsh 4y ago
Among the obviously mentally unwell homeless in coastal cities, I also notice more and more (seemingly) healthy young people also living in tents and vans. I guess at a certain point your quality of life working minimum wage isn't so m
177.
by mcntsh 4y ago
For sure it's a valid concern and warrants a mark on my record probably but a 30 dollar bill after 10+ years of pristine activity basically removing my ability to take out a loan is a little unfair.
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by mcntsh 4y ago
It went to collections. That stays on your credit for 3-5 years.
179.
by mcntsh 4y ago
> No European countries (with the possible exception of the UK) use a similar system There's SCHUFA here in Germany
180.
by mcntsh 4y ago
I've been working since I was 16 years old and I've had sparkling credit my entire life. I pay my cards in full every month; never missed a payment for 10+ years, paid off my car early. I moved abroad and forgot about a $30 dollar

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