Quote:
Originally Posted by jdemetry
I was ballparking...
$200k * ( 1 - .20(fed) - 0.065 (WI state) - 0.042 (SS) - 0.06 (401(k), not really taxes, but I won't see it for 30 years) - 0.02 (Medicare) ) = ~$120k
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I don't know much about taxes, but I do know my accountant does seem to do a good job...
Quote:
Originally Posted by jdemetry
That's actually less than housing costs in Milwaukee. I would have thought LA was way more money. I guess this is another example of "don't believe the hype"
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You guys need to remember that LA is really big and diverse. you go from the ghetto to million dollar houses quickly