$102k must have had a hell of a lot of taxes taken out such that $11k is 27% of ... | Hacker News

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		mgkimsal on Aug 10, 2012 \| parent \| context \| favorite \| on: Education is Our Generation's Big Problem. Let's F... $102k must have had a hell of a lot of taxes taken out such that $11k is 27% of the net income.

hansef on Aug 10, 2012 | [–]

There are two semesters in an academic year. ;)

LockeWatts on Aug 10, 2012 | [–]

$102k comes down to about $75k after Federal and State taxes, and $22k is ~27%.

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