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JamesBarney
2126 days ago
Does that include the payroll taxes for the U.S. which are ~15%?
1 comments
refurb
2125 days ago
15% is employee plus employer. Employee alone is 8-9% and phases out at $137,000.
Canada has payroll taxes too, so you'd need to add those in as well.
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JamesBarney
2125 days ago
I feel like you should include the employer portion if you're talking about tax %. If we made you're employer pay all of your tax and quote you the post tax amount as your salary our tax rate wouldn't go to 0.
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Canada has payroll taxes too, so you'd need to add those in as well.