In New York City, Honolulu and San Francisco, your take-home pay ends up being less than $40,000 while making $100,00 annually, according to data from SmartAsset.
Workers making $100,000 annually receive the least amount of take-home pay in cities like New York, Honolulu and San Francisco because it's"all about the taxes," Laffer Tengler Investments CEO and CIO Nancy Tengler said on"Mornings with Maria."" Friday. "We're seeing a big influx of people moving from California to Arizona.
"It's really noteworthy," she continued, "and I think policymakers should stand up and take notice because you're experiencing the same thing here, obviously, in New York.", with California seeing its population tumble by more than 343,000 people, and New York had the overall largest decline in its population with a 0.9% drop. These states are also known to have some of the highest tax burdens in the country.U.S.
On the reverse side of SmartAssest’s report, it was determined that a $100,000 salary in Memphis, Tennessee, earns the most take-home pay with $86,444.
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