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cellis
on May 2, 2008
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Ask YC: What are starting salaries for CS grads t...
haha I actually make 40K... i think its significantly higher than that. All told I think i'll be paying around 12K. (MI.)
mattmaroon
on May 2, 2008
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If you only make $40k and are paying 30% in taxes, you're doing something very wrong.
cellis
on May 2, 2008
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You are right. It was quite an exaggeration on my part. Its more like 21.5%.
mattmaroon
on May 3, 2008
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I've payed less than that in income tax on income much greater than that. Legally, that is. According to H&R's calculator, you should be paying under $5k, and thats with no dependents or other similar deductions.
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