- Feb 18, 2001
- 7,635
- 73
- 91
Just curious ... we see multiple threads where people discuss their salaries. Some brag of six-figure incomes. This is all great but how much do you really make ... as in your NET pay? We have deductions for taxes, insurance, Medicare, our 401k, etc. that tend to make our gross salaries seem irrelevant. While gross pay is most talked about ... we hardly ever talk net.
So here is the question: For every dollar you make (gross salary), how much do you actually get to spend (net salary). This number (NET pay/GROSS pay) will vary by state (taxes) and other factors.
Mine is $0.64. Bummer ...
So here is the question: For every dollar you make (gross salary), how much do you actually get to spend (net salary). This number (NET pay/GROSS pay) will vary by state (taxes) and other factors.
Mine is $0.64. Bummer ...