why even bother making money past 90k a year in the US.
> 28% federal tax
> 9% state tax (california)
> 2% + 2% medicare and social security
you're losing 40% of your income at that point.
every time i calculate the opportunity cost of getting my JD or MBA it just isn't worth it
im just going to ride or die my 80k starting salary as CS
>>1156456
Huh? Because it's still more money. My friends who make 140k live far better than me at 75k, I'm barely median income considering my wife doesn't work. what is wrong with you?
>>1156459
>wife doesn't work
you seem to be lost. this isn't a cuck board.
>>1156456
Most companies don't pay anywhere near that much.
If you actually pay the full amount of tax then you deserve to lose your money.
>>1156459
makes more sense with my situation
120k cost of law school or an MBA program to launch me into a 130k-140k income wouldn't be worth 3 years of missing out on 80k (increasing) CS salary, which could be around 100k by then
>>1156463
for CS? yes they do.
>>1156467
Oh no I mean't most companies don't pay that much tax.
Once you reach higher income you should learn how to tax shelter yourself.
Only idiots stand out in the rain and wonder why they are getting wet.
>>1156456
You're lucky. I just got my J.D. in Ontario and I'm looking forward to paying 54% tax on my income starting in a couple of years...
>>1156456
Don't forget property tax when u buy a home!
>>1156456
Because here in the US your taxes are lower than any other location in the developed world?
>>1156456
I make like 150k straight out of college for CS.
>>1156464
Because:
You'll still make more in the long run
You'll have way more career opportunities to make even more than that with a JD or MB
You can invest even MORE of that money to make even MORE sources of income
Like, we get it, you're a melodramatic cunt about taxes and BOOHOO Y DID THE GILDED AGE END SO SOON I WOULDVE BEEN ONE OF THE RICH ONES T_T but get fucking real
>>1156459
its more money for more responsibility
right now i make 70 in flyover
if i get 80 thats a whole level of obligation thats not worth the stress
in six figures you have at least some level of managerial duties and holy fuck what a nightmare
>>1156464
>mba
>140k
>>1156662
I know that feel. Im at 80k in finance and the next level up involves wagecucking 10 hour days and weekends. Its not worth it unless you got a family sucking you dry.
>>1156456
Once you get good at whatever your craft is, you should go private consultant, make more and pay a lot less tax if you have a half decent accountant
>>1156680
yeah who needs it
if as an entry level idiot i make twice the median for an entire family why ever get promoted and have to be held accountable?
>>1156456
Because YOU still make more overall you just also give a larger percentage. Also, social security stops after like 108k or something
>>1156477
this
you learn to cheat the system and let others take the fall, thats the heart of american economics. youre probably not making six figures otherwise.
>>1156662
>>1156680
>>1156464
>mfw making 120k and working at most 8hrs per day
>>1156456
Well who else is going to feed the black people through welfare OP? Somebody has to pay the bills here.
>>1156456
Maybe, if you were smart, you would put the cash at the top of your tax bracket into a 401k
>>1156781
I happen to be a salarycuck, but that person looks a lot like me. Almost shockingly similar.
Threads like this prove how stupid the average biz poster is
>>1156856
because they don't know about tax sheltering and offshore investments right
>>1156868
I meant the person with the patreon hat. It looks like a cartoon made of me.
>>1156460
If he has kids, a house that needs cleaning, and a belly that needs to be filled, that is his wife's work. Op is only a cuck if his wife doesn't do shit.
>>1156456
>tfw trump becomes president and taxes are lowered to 20%
>>1156868
OP has no imagination. He's destined to be stuck in the same box of mediocrity for his entire life. It's pathetic and exceptionally narrow-minded. On the other hand, the world needs drones; people like him don't have the potential to succeed in the first place.
>>1156781
>working
>2016
>>1156781
congrats on your non flyover salary
to pay for you non flyover taxes and your non fly over groceries
>>1156456
>bitching about loosig 40% of income
You have never worked in Germany man.About half of our wage gets cut in tax and other social/medical expenses. Technically its we have less than half of our wage because bying somethin in a store is another 19% tax.
>>1157121
What's flyover?
>>1157169
people who live in unimportant states eg every state on the Midwest, and every state in the south
>>1156942
>Take kids to school and have them walk back
>Don't make messes
>Make food
Wife's "work" is just so hard and could NEVER be replaced with a nanny or just do it himself.
>>1156456
VOTE TRUMP
>>1157182
thats right
your purchasing power is roughly the same but at least you live in civilization
