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Re:Send Noncompete Agreements Back to the Middle Ages by singularity2001 on Thursday December 06, 2018 @04:57AM (#18616681)
And of that 50% are grabbed by the taxman.
Re:Send Noncompete Agreements Back to the Middle Ages by lovich on Thursday December 06, 2018 @09:30AM (#18618289)
The tax rate in the US gets pretty close to 50% when all the municipalities take their cut. If you're in Silicon Valley, most devs are going to be paying a 41%-44% tax rate just from federal and California income tax. Then you've got any local taxes, land taxes, etc that add onto that
Re:Send Noncompete Agreements Back to the Middle Ages by yitchelle on Thursday December 06, 2018 @05:55AM (#18616959)
But the service you get from German government is so much better, healthcare is a good example here.
Re:Send Noncompete Agreements Back to the Middle Ages by singularity2001 on Thursday December 06, 2018 @09:52AM (#18618440)
Self employed consultants are pushed into private healthcare, which will ruin you when you retire (you have to keep paying >>$1000 per month until you die).
Re:Send Noncompete Agreements Back to the Middle Ages by chopin on Thursday December 06, 2018 @07:11AM (#18617315)
That's paid on top of tax. Otherwise, I agree.
Re:Send Noncompete Agreements Back to the Middle Ages by grigjd3 on Thursday December 06, 2018 @09:30AM (#18618285)
The 50% that most people note includes healthcare, or at least it did from 2009 to 2011.
Re:Send Noncompete Agreements Back to the Middle Ages by hef19898 on Thursday December 06, 2018 @09:40AM (#18618353)
Still does include healthcare as the other response stated (I'm not able to directly reply).