[ativzzz]

Not even close, the marginal federal tax rate is 12% for income between $11k and $44k [0]. This doesn't take into account state/property taxes, but it's nowhere near

[0]https://www.irs.gov/filing/federal-income-tax-rates-and-brac...

[codezero]

Most people working in tech are making much more than that as are anyone considering moving to Portugal for a tax break. It’s a lot closer to 24-32% for that demographic.

[lostmsu]

Both calculations should include VAT btw

[s1artibartfast]

you have to adjust for median income and PPP. also, state taxes are often substantial.