2 ms·
Ah 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
by rconti 7y ago
Ah 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.