If it makes you feel any better, I’ve always expected around 1/3 of income to taxes. 7.65% OASDI, 5-10% state, 15-20% fed… Maybe even more if you have a municipal income tax. Tack on some pre-tax ‘benefits,’ like healthcare, life insurance, and parking, and it’s amazing how much of a paycheck can be gone before you even get to rent.
If it makes you feel any better, I’ve always expected around 1/3 of income to taxes. 7.65% OASDI, 5-10% state, 15-20% fed… Maybe even more if you have a municipal income tax. Tack on some pre-tax ‘benefits,’ like healthcare, life insurance, and parking, and it’s amazing how much of a paycheck can be gone before you even get to rent.