Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Income not profit?

So if your yearly income is 200k, and I fine you 100k, that's no big deal?



Yearly income of 200k, so netting 140k after taxes/SS, which makes the fine equivalent to 70k?

Paid over 25 years, so $2800/year?

Factoring depreciation due to inflation @2%/year, you're at $55.5k total and an effective average annual payment of $2200/year or $183/month. On a salary of 200k.

Yeah, I'm going to say that's not a big deal. That's less than the cheapest health insurance in the country.


Net income is also known as profit.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: