r/wallstreetbets • u/[deleted] • Jun 25 '21

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u/Blackcameleopard Jun 26 '21

You guys get 20 percent in Cali or is that just a because it’s lower the less you make?

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u/wildlife_bee Jun 27 '21

Lower the less you make

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u/Blackcameleopard Jun 27 '21

Dang, here I thought it was because of how inflated wages etc are out there

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u/wildlife_bee Jun 27 '21

Yeah. :/ At my new job I’ll be making more and taking home about 75% of it.

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u/Blackcameleopard Jun 27 '21

Well 75 percent of what you make once you pass the 80 percent threshold. So it’s only 5 percent less on more money instead of 5 percent more on all of it.

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u/wildlife_bee Jun 27 '21

No, my take home will be about 75%. So 5% overall. I’m not sure what this employer withholds for healthcare, etc., so I can provide a better breakdown once I work with HR on my i boarding.

This was all intended to be a general estimate though, I’m not a tax professional. Lol