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Reply to "Interesting Salary Data "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Who is getting $500k, where and why?[/quote] Working for their family business. [/quote] It doesn't have to be a family business. My daughter made 375K/yr for the past three years from private tutoring. She charges $200/hour. She has a BS degree from Stanford and Master at UCLA. Most of her students are either MS or HS from very wealthy clients. She is not paying taxes on most of those incomes because one of the clients advises her on how to shelter on most of those money. I guess you could translate that 375K into a 550K salary pre-taxes. [/quote] "private tutoring" = escort service. [/quote]
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