Quote:
Originally Posted by pauldun170
She recently received a raise and now makes $22 an hour working for a photographer. It's the highest salary she's earned since graduating with an interdisciplinary degree in religious and women's studies. After taxes, she takes home about $2,300 a month. Rent runs $750, and the full monthly payments on her student loans would be about $700 if they weren't being deferred, which would not leave a lot left over.
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Are the taxes in California really bad enough that someone making $44k a year (assuming 40 hours a week, 50 weeks a year) is paying almost 40% in income tax and federal withholding (SS, medicare, etc.)?