US salary question

[Happy Times]

If your salary is some 60,000$ a year, how much do you have after taxes, health insurance, pension and other essential payments?
We were discussing this with a friend.

[Platapus]

Here in Virginia I am paying about 60% of my total salary in Federal, State, County taxes.

[Happy Times]

Originally Posted by Platapus

Here in Virginia I am paying about 60% of my total salary in Federal, State, County taxes.

What? Taxes alone? We have a progressive taxation and with 60,000$ you would pay some 30%.

[Platapus]

Originally Posted by Happy Times

What? Taxes alone? We have a progressive taxation and with 60,000$ you would pay some 30%.

Are you counting all your taxes or just federal income tax?

I interpreted the question to include all monies the governments take out of my pay.

I also earn more then 60K.

[Happy Times]

Originally Posted by Platapus

Are you counting all your taxes or just federal income tax?

I interpreted the question to include all monies the governments take out of my pay.

I also earn more then 60K.

This exsample has all national and county taxes. There are goverment retirement and unemployment insurances also but it doesnt change the figure much, it stays between 30-40%.
This exsample doesnt include other incomes besides salary.

[XabbaRus]

AT the current $-£ exchange rate I am on roughly $54,000 I pay 20% income tax and then National Insurance (Pays for NHS) on top of that which works out at maybe another 10%.. Then my local tax is about 5% of my income. According to an American friend of mine unless I was living in NY or DC $54,000 isn't a bad income at all.