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A comment on Ask YC: What are starting salaries for CS grads this year?. Parent comment

Re:Ask YC: What are starting salaries for CS grads this year? by skavish on Thursday May 01, 2008 @10:56AM (#178494)
My guess is that after taxes, but in the US they are usually talking about salary before taxex. So basically your $30K is about $40K here.
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Re:Ask YC: What are starting salaries for CS grads this year? by apotheon on Thursday May 01, 2008 @01:22PM (#178634)
Are you saying that $30K is like $40K after taxes? It'd be closer to $55K, I think. Taxes are insane in the US (though nothing like northern Europe).
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Re:Ask YC: What are starting salaries for CS grads this year? by skavish on Thursday May 01, 2008 @02:46PM (#178762)
for a salary of $40K the taxes would be around 20-30% in the US depending on your family situation
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Re:Ask YC: What are starting salaries for CS grads this year? by jon_dahl on Thursday May 01, 2008 @03:38PM (#178838)
Total taxes in the US on a $40K salary for a single person with no other income and no other deductions: about $4,200 (10.5%). The marginal tax rate is higher, of course, and state taxes will add a little, but not too much.
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Re:Ask YC: What are starting salaries for CS grads this year? by cellis on Thursday May 01, 2008 @08:07PM (#179110)
haha I actually make 40K... i think its significantly higher than that. All told I think i'll be paying around 12K. (MI.)
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Re:Ask YC: What are starting salaries for CS grads this year? by mattmaroon on Thursday May 01, 2008 @10:32PM (#179182)
If you only make $40k and are paying 30% in taxes, you're doing something very wrong.
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Re:Ask YC: What are starting salaries for CS grads this year? by cellis on Friday May 02, 2008 @02:01AM (#179264)
You are right. It was quite an exaggeration on my part. Its more like 21.5%.
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Re:Ask YC: What are starting salaries for CS grads this year? by mattmaroon on Saturday May 03, 2008 @03:09AM (#180164)
I've payed less than that in income tax on income much greater than that. Legally, that is. According to H&R's calculator, you should be paying under $5k, and thats with no dependents or other similar deductions.
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