So on the $200,000 it’s reasonable to you that they have to pay $120,000 ($80k i... | Hacker News

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		dyauspitr 72 days ago \| parent \| context \| favorite \| on: The time bomb in the tax code that's fueling mass ... So on the $200,000 it’s reasonable to you that they have to pay $120,000 ($80k income+$40k business) in taxes?

roflmao123 72 days ago [–]

Two people earning $100k each would pay $28k income taxes each, totaling $56k. Where did this $80k come from?

dyauspitr 72 days ago | [–]

What about state and city taxes? 80k might be a tad too high but in NYC on $100k, you would only take home around $65k.

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