Salary Post

My beginning income is $150,000. In Mexico we have to pay 2% on city tax in Mexico City and 2% on retirement. Based on my salary I have to pay 21% on federal income tax. Lastly I have to pay 6% on social security. After is all and said I have to pay around 32% on all my taxes. After doing the math I will make about $102,000 a year!

My sources:

http://www.worldwide-tax.com/mexico/mexico_taxes.asp

http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates