Published
That's pretty much how I feel. I got my new grad job in Texas earning a measly $22, but we had night/weekend differential, could pick up all the overtime we wanted, and $100 extra for any extra shifts we picked up. I got spoiled by the no state income tax in Texas, so I had a rude awakening when I moved back to California. I make more per hour and have a legal nurse-patient ratio, but I feel so much poorer now. I'm hoping to move back to Texas in 2016.
I live in Los Angeles, and after my retirement, benefits, and taxes my take home is 59% of my gross. BUT 9% is retirement which is technically MY money, so really only 32% is benefits and taxes, and my stupid parking pass.
I think people forget benefits are retirement are not taxes.
Now, property taxes in CA are ridiculous (unless you bought your house a long time ago), but that's another topic.
Now, property taxes in CA are ridiculous (unless you bought your house a long time ago), but that's another topic.
My dad once admitted to me that Prop 13 was his generation completely and utterly screwing mine. Thanks for the honesty dad. And that's part of why I can't live where I was raised.
Baby boomers..... smh.
DM74LA
31 Posts
Hey everyone. I'm curious as to how much the state tax rate of 13% seems to impact your take home pay? It's possible that some nurses are pushed into the higher tax bracket of 28% some these two combined would be 41%. Adding Medicare and SS withholdings, we're getting very close to 50% of your earned income.
does anyone with an out of state perspective have an opinion in this?
thanks in advance.