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A comment on Stripe Saw Major Uptake of Staff Offer to Move with 10% Pay Cut. Parent comment

Re:Stripe Saw Major Uptake of Staff Offer to Move with 10% P... by refurb on Wednesday June 16, 2021 @11:23PM (#27535850)
Really? The 9% marginal rate doesn’t kick until $50k.
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Re:Stripe Saw Major Uptake of Staff Offer to Move with 10% P... by codeecan on Thursday June 17, 2021 @12:36AM (#27536171)
These are software engineers, average base is $183K (https://www.levels.fyi/company/Stripe/salaries/Software-Engi...), so you agree to $18.3K reduction, get a 20K bonus and save (183-50) * .09 = 12K? in taxes.

Average rent in SF is $4K? vs Austin is $2K? ... seems you'd come out ahead by ~24K + 12K - 18.3K = $17.7K / year.

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Re:Stripe Saw Major Uptake of Staff Offer to Move with 10% P... by tfehring on Thursday June 17, 2021 @02:29AM (#27536707)
Plus ~$6k in federal income tax on the $18.3k at a marginal tax rate of 32%. And maybe state taxes on equity comp too, not sure if or how that would be taxed in CA.
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Re:Stripe Saw Major Uptake of Staff Offer to Move with 10% P... by rdtwo on Thursday June 17, 2021 @05:06PM (#27544515)
He did the math.
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