Quote:
Originally Posted by Axeman
Your math is horrible or your quite misinformed between pounds and the euro.
£35,000 = $70,000 US dollars.
In addition you live in one of the few states with no state income tax, but in the majority of US states, you have to add roughly 9% more to your federal taxes paid to get your true cost of taxes paid in income taxes. So your 25% is really 34% so 6% lower in actual paid income tax. Now you still have to pay for your health insurance and like a lot of Americans, copays and deductibles on top of that and fees for prescriptions and such.
Factor that in and I think your even if not paying more considering that if you make $5k more you pay an extra 3% in federal taxes.
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Yeah hit the spot Axeman well said