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Pro
Yes. I make over $200,000 and the fact that my salary + my s/o’s salary is not enough to afford a decent starter home in a decent neighborhood is insane
AA1, then flat tax plus a surtax for incomes over $1m or an increase in SDI at higher income levels. Anyway flattening the tax would be a good starting point.
One of my pay checks doesn’t even cover the median rent in San Diego and I make over 100k
Great point on the diversity of DC. I forgot what a truly diverse area looked like because it’s been so long since I’ve lived there. Even though it does get really muggy during summer, I feel like DC has a great variety of seasons. You get a good taste of what every season is supposed to look like.
These numbers are a little dubious though, right? They are calculating housing, groceries, and a bunch of other expenses out of your income and then saying your take home pay in NYC is only 35,000? I mean it totally depends on what your lifestyle is. And if someone is able to save 35000 a year after paying all their expenses, that's actually really good right? Maybe I'm not understanding the information right but it seems like a poor representation.
I mean I agree with SM1’s interpretation of this after reading the breakdown, but I can see how you would interpret what you’re saying as well OP. Nevertheless, an ambiguous data representation like this one… is a poor one.
Yes and I often where all of the money goes. It's perhaps about due time to redo our tax brackets. What do folks think?
Are you seeing more people request raises due to cost of living?
@human resource manager 1
Pro
Absolutely yes re: redrafting tax brackets
You have some people trying to make almost 100% flipping SFH they bought less than 2 years ago here in SD. It’s insane. We’re talking houses bought for $1.5-$2m being listed at nearly double.
Pro
100%
Definitely, agree.
Yep