$85k salary for 7 years exp
$85k salary for 7 years exp
Out of context: Reply #11
- Started
- Last post
- 40 Responses
- bigtrick0
" if you think about it like this.. 85K is equal to almost the same thing as 119K... meaning after taxes, you will bring home relatively the same amount.. "
what the fuck? no. you get taxed only according to the income you receive in each threshold.
so if you earn $130k and the tax bracket changes at $119k, $119k of your income gets taxed at the lower %, and the rest ($21k) gets taxed at the higher %.
- that's what I thoughtrandommail
- HA. No. all of your 130k income is taxed at the higher %.VikingKingEleven
- Yep.. you are taxed % on full amount.. it's a disaster.. when I passed $120k a year it started feeling pretty much like a robbery.Boz
- a robbery.Boz
- believe me i know what i am talking about.. i am in that higher tax bracket.epilI
- word the up to getting bumped to the next. how about its so hard to buy property right now tho. hello write offs? argshellie
- its not set up for self employed artists to win, thats for sure. From the way we get paid to the way we get loans.shellie
- on a lighter note, however..it's great to see Shellie here :)exador1