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by d4rkph1b3r
3676 days ago
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>For that kind of money, you typically need to be a manager (team lead at least). False. You have to be very senior, but you do not need to 'typically' be a manager. There was a spreadsheet a few months ago on HN showing that with RSUs, most of the top tech companies pay above this for their higher level (non manager) engineers. >It's less than $300k, but contracting taxes in UK are about 20% Wow, contracting taxes are higher in the US, maybe it is a comparable if you can make 150k+ doing consulting work in the UK! |
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The justification in Europe is that governments want to encourage entrepreneurship (and contracting counts as entrepreneurship), hence lower taxes. I wonder what's the logic behind the US situation.