Re:Ask HN: I've been slacking off at Google for 6 years. How...
by badpun on Monday January 06, 2020 @04:57AM
(#21967952)
For washing dishes, yes. But senior developers make around $60k in major cities. Throw 19% all-inclusive tax rate on top of that.
Re:Ask HN: I've been slacking off at Google for 6 years. How...
by m0zg on Monday January 06, 2020 @05:56AM
(#21968173)
Those same people would be making $250-300K in the US, with about 25-30% effective tax rate (depending on the state), and healthcare mostly paid for by the employer. Assuming they're actually senior and get paid that much in Eastern Europe.
Re:Ask HN: I've been slacking off at Google for 6 years. How...
by badpun on Monday January 06, 2020 @08:51AM
(#21969079)
I'm not sure they would. $60k is just typical salary for someone with 5-10 years of experience in ex. corporate Java. They are not stars by any strech of imagination, just solid performers.
Outstanding people make $120-160k - and here I agree, they would probably make twice that much if not more at FAANG in SV. But, their taxes would be at 35-40%, and housing would also be more expensive. I've often considered moving to SV (I'm making $160k in Poland). According to my calculations, I would be saving up to 50% more money there, but for me that's not enough to move to the other end of the world - not to mention the gruesome immigration process.
The salaries that are considered "acceptable" in those countries would result in a _negative_ effective tax rate in the US. Tax rate alone is not everything. It's a combination of pretax pay and the effective tax rate that you need to be considering.