WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (6)

Feb 13, 2013 - 11:11pm

calikid3820:
I get mine friday... I am fully prepared to get [email protected] by the Long Schlong of the Obama administration as I pay more in taxes than I actually get deposited into my account

A lot of smart people say don't fight the Fed... my view on taxes is don't fight rationality or your beliefs on what is right or wrong. Just slowly bend over, take it, and hope that its over soon. 39.6% federal, 7.5% NY state, 3% Medicare, 3.5% NY State, and 6% of your first 110k for Social Security. And don't forget the property taxes, 8-9% sales tax, 20% capital gains tax, 3.8% Obamacare tax on capital gains, 20% dividend tax, and all of the others. I just accept the fact that I should be content if I have enough left over to drink PBR, eat lots of steak, and watch college sports in HD.

Bob Dylan said Everybody's got to Serve Somebody, and we have to serve the tax man

Feb 13, 2013 - 11:12pm

Gray Fox:
calikid3820:
I get mine friday... I am fully prepared to get [email protected] by the Long Schlong of the Obama administration as I pay more in taxes than I actually get deposited into my account

A lot of smart people say don't fight the Fed... my view on taxes is don't fight rationality or your beliefs on what is right or wrong. Just slowly bend over, take it, and hope that its over soon. 39.6% federal, 7.5% NY state, 3% Medicare, 3.5% NY State, and 6% of your first 110k for Social Security. And don't forget the property taxes, 8-9% sales tax, 20% capital gains tax, 3.8% Obamacare tax on capital gains, 20% dividend tax, and all of the others. I just accept the fact that I should be content if I have enough left over to drink PBR, eat lots of steak, and watch college sports in HD.

Bob Dylan said Everybody's got to Serve Somebody, and we have to serve the tax man

3.5% NY state should read 3.8% New York City

Start Discussion

Total Avg Compensation

May 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (195) $233
  • 2nd Year Analyst (110) $151
  • Intern/Summer Associate (96) $145
  • 3rd+ Year Analyst (26) $145
  • 1st Year Analyst (404) $131
  • Intern/Summer Analyst (330) $82