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It's the same rate in Silicon Valley. Federal tax in the higher bracket is 35-40% (it changed with the new tax laws). On top, California will tax 9-12%. That's
by alain94040 8y ago
It's the same rate in Silicon Valley. Federal tax in the higher bracket is 35-40% (it changed with the new tax laws). On top, California will tax 9-12%. That's roughly equivalent to your European 50% rate.