3 ms·
With FICA and the 0.9% Medicare surtax in the mix, in California, I think you'd need an income of about $2,300,000 to have an effective tax rate of ~50%.
by jurassic 7y ago
With FICA and the 0.9% Medicare surtax in the mix, in California, I think you'd need an income of about $2,300,000 to have an effective tax rate of ~50%.