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[return to "$900k Median Package for Engineers at OpenAI"]
1. giantg+46[view] [source] 2023-06-24 17:00:22
>>zuhaye+(OP)
It's always interesting to think about how someone somewhere is earning as much as you earn in a decade or lifetime in a single year. Also that you are that person for someone else.
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2. Solven+Z9[view] [source] 2023-06-24 17:23:20
>>giantg+46
What I find more interesting is this:

A sole proprietor landscaper making $45-50K a year in California is paying $675 a year in annual registration fees just to keep his newish pickup truck on the road. Why newish? Because the people he's servicing trust a guy with a nicer work vehicle than a beaten down 30 year old Tacoma.

A $900k developer with the same pickup is also paying $675 a year.

Extrapolate this seemingly trivial example across literally EVERYTHING in life.

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3. briHas+s41[view] [source] 2023-06-25 00:58:15
>>Solven+Z9
Don't forget, however, that the $45K landscaper probably pays zero in Federal taxes, while the 900K dev (assuming it was all cash, which it isn't) is losing a third of that to Fed taxes alone, and tons more to State and local.

I'm not saying the highly-paid developer is hurting, but the better question is why does it cost $675/year to register a vehicle in CA? Our income tax system is already highly progressive, so why do we have all these other stealth taxes that hurt low incomes the most.

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