2 ms·
You aren't including state taxes.
by spullara 7y ago
You aren't including state taxes.
- munk-a 7y agoI am for the Canadian ones - where I can easily count the provinces. I am indeed too lazy to do the math on how much each of the fifty states leverage in taxes but it looks like they tend to come out well below 50% (except for CA, which is fair). Specifically, CT caps out at 43%, NY is at 45%, CA is at 49% and TX is 37% - since there are 0% state income states I find it reasonable to assume that rich people concerned with income taxes will chose to live in one of those 0% income tax states.
- srathi 7y agoand payroll taxes of 12% on first $140k.