No, it's not. Federal tax takes a big chunk and then there's paying in to things like medicare and social security. For example, I work in Los Angeles and make 100k pre-tax. Last year my net just over 65k.
No, it's not. Federal tax takes a big chunk and then there's paying in to things like medicare and social security. For example, I work in Los Angeles and make 100k pre-tax. Last year my net just over 65k.