Clerkship Bonus after taxes? Forum

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The Lsat Airbender

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Posts: 1801
Joined: Wed Jan 30, 2019 7:34 pm

Re: Clerkship Bonus after taxes?

Post by The Lsat Airbender » Sat Jul 11, 2020 2:26 pm

lawlo wrote:
Fri Jul 10, 2020 7:18 pm
Bonuses really hit home how sickening taxes are.
lol what kind of complaint is this? A ~50% marginal rate between national/state/local is on the high end, by global standards, but it's not "sickening" lmfao

Necho2

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Posts: 275
Joined: Mon Mar 09, 2015 11:28 pm

Re: Clerkship Bonus after taxes?

Post by Necho2 » Sat Jul 11, 2020 9:01 pm

The Lsat Airbender wrote:
Sat Jul 11, 2020 2:26 pm
lawlo wrote:
Fri Jul 10, 2020 7:18 pm
Bonuses really hit home how sickening taxes are.
lol what kind of complaint is this? A ~50% marginal rate between national/state/local is on the high end, by global standards, but it's not "sickening" lmfao
And also none of these are actually 50% marginal! They're less than that (except I guess for that dude in DC who got 70k and somehow only got 33k?!?!) and you get back any excess in your refund! There's no special bonus tax, all these law firms just withhold aggressively from bonuses...

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