Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

That is $12,250 on average. If you are a FAANG tech worker, it will be much higher than that, you will less likely to be coming out ahead on this the more money you make (though, to be fair, they are only proposing to fund this partially with an income tax increase).


For me the surtax would raise my taxes payroll from 12.05% to 14.05% or roughly 10k and all things considered I make a lot of money. If my employer stopped providing health insurance and instead paid the approximately 4.5% (estimated as I don't see the actual schedule of payroll tax only that it kicks in at 50k and tops out at 2.25%) business side of this. We still come out about even.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: