Re:People Who Claim to Work 75-Hour Weeks Usually Only Work ...
by kansface on Thursday April 25, 2019 @04:40PM
(#19752306)
Thats only 750K$ - roughly have the price of a house in the Bay Area before taxes (maybe just enough for the down payment).
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Re:People Who Claim to Work 75-Hour Weeks Usually Only Work ...
by graedus on Thursday April 25, 2019 @04:55PM
(#19752438)
Certainly, but let's not forget that there exist other places to live :)
Re:People Who Claim to Work 75-Hour Weeks Usually Only Work ...
by kelnos on Thursday April 25, 2019 @05:11PM
(#19752542)
... and also consider that taxes (self-employment tax etc.) and expenses (health insurance) are higher when you're a contractor. You'll be lucky to see half that figure hit your bank account.
Re:People Who Claim to Work 75-Hour Weeks Usually Only Work ...
by watermelongunn on Thursday April 25, 2019 @06:22PM
(#19753044)
I'll give you that health insurance is more expensive as a contractor (though not enough to significantly cut into $750k), but if your taxes are also higher then you really need to talk to a good CPA. If you are doing it right, paying less in taxes is one of the BENEFITS of being self-employed.