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IIRC the top income tax rate is 13.3%. I think sales tax is 9% but not sure how much that varies between locales.
by ericd 7y ago
IIRC the top income tax rate is 13.3%. I think sales tax is 9% but not sure how much that varies between locales.
- rconti 7y agoAh yes, this might be the change I was thinking of, in 2013: pre-2013: 9.3% marginal rate from $49k to $500k, then to 10.3% over $500k. post-2013: additional 1 percentage point at the $250-300k, another 1 percentage 300k-1m, and then a 3rd additional 1 percentage point over $1m. So the top rate is 13.3% up from 10.3%; with a tiered increase in the 9.3% rate to 10.3 and 11.3% depending on income. http://www.newhallstudios.com/images-lib/CA-taxes/California_Income_Tax_Rates_2013_01_621x438.gif http://www.newhallstudios.com/images-lib/CA-taxes/California...
- ericd 7y agoOh interesting, didn't realize it had been bumped like that in 2013.