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by robertlagrant
345 days ago
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It's also worth noting the take-home pay is closer than that, due to progressive taxation. E.g. in California[0]: $180k/year gives you $118,970 after tax $300k/year gives you $186,880 after tax I.e. the gross jump from $180k -> $300k is 67%, but the net jump is 57%. You have to increase the gross more to attract people, because take-home pay is what matters to them when switching job. [0] https://www.mypaycalculator.net/us-paycheck-calculator/calif... |
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