FYI, if you live in Texas, it's the same as earning $43,000 before taxes. ($36,430 after taxes).
or $44,500 if you live in CA.
Nowhere near your $60k.
That "approximately" is doing a lot of heavy lifting is what I'm saying.
ChoppersMo
joined 3 months ago
but £60,000 is a lot more than $60,000usd, so I'd expect the overall rate to be higher.
so, while yes, take home would be £45,361, if it were the same...
$60,000usd = £45,575, which take home would be £36,335.40, which in USD would be $47,834
making the two countries basically the exact same for taxes.
yes and no. Yes, you can get up to 98% tax rate, I'm sure - but that's not how tax brackets work.
also, OOP is from the USA.
that CA tax was copied from the us tax office website's calculator. It does it by city, not just state, which I thought was interesting. (That number was from San Fran)
often, yes.
I hope you pay an accountant to do your taxes, because that's way, way off.
If you earn $60k in a state like, NY, your take home amount will be $45,363
CA: $47,763
TX: $49,949
chicken schnitzel is a chicken nugget for adults? Sure. I'll let that truth stand.
But a chicken parmi? As in, a schnitzel covered in tomato pasta sauce, a slice of ham (or similar) and drowned in melted cheese? I dunno.
I think we're going to have to draw the line at cheese making it an adult meal.
But here's the most important part: no-one needs to grow up. You need to harden up, not grow up.
Out of curiosity, I looked up one of the highest taxed countries in the world: Finland.
$60,000usd = 54,133.80 Euro, with a take home of only € 31,447 (averaged tax rate of 41.9%, 53.2% on the marginal), which is $34,850usd
So, if Vampire@hexbear was thinking about Finland...
He gets a pass. (He wasn't, and OOP was using $, not €, but your point is otherwise valid!)