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Benzinga
Benzinga
Business
Marc Guberti

INSANE: A new yorker who earns 330 000 per year asks when taxes stop mattering | Vintage Vibes

Hitting the Max Takes Planning—and a Calculator

Earning a solid income gives you more options, but as your income grows, so do your taxes. A New Yorker received a job offer for $330,000, which looks great on the surface. However, the individual mentioned the city's high living costs and the additional 4% tax rate that the city charges.

The New Yorker posted on Reddit and wondered if it's better to stay out of the city or accept the high-paying job that comes with high living expenses.  

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