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Posted 2007-02-09, 12:13 PM
in reply to Titusfied's post starting "Actually, to make $5,000 / month, you..."
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Titusfied said:
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Actually, to make $5,000 / month, you need to make about $90,000 / year. After state tax, federal tax, medical benefit deductions, and 401k, you are losing at least 33% of your salary, which immediately puts your salary down to $60,300 / year, which is $5,025 / month clear.
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This is where management comes into play! I can sit on my ass AND get paid too much.
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