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I am a "highly compensated worker" who doesn't live in CA. My effective tax rate over the past 2 years was 28%. That's the grand total without any weasel moves
by 0xbear 9y ago
I am a "highly compensated worker" who doesn't live in CA. My effective tax rate over the past 2 years was 28%. That's the grand total without any weasel moves to avoid taxation. I pay ~10k/yr in property taxes.
- pwthornton 9y agoThe reason I bring up property taxes is that the vary wildly in the U.S. I paid about $3,500 for my place in the DC area area. We have industry and income tax, so my property taxes are rather low. My parents live in Ohio and pay around $12,000 a year for a similarly priced home.
- JauntTrooper 9y agoOur effective tax rate was 34% in CA. :-/ Not counting sales taxes or property taxes, since we rent and the amount that's passed on to us isn't clear. Our marginal tax, though, is 52%.