I will give you the point about a lack of inflation indexing. I stuck entirely with federal numbers when comparing capital-gains to income taxes to make it a m

I will give you the point about a lack of inflation indexing. I stuck entirely with federal numbers when comparing capital-gains to income taxes to make it a more apples-to-apples comparison. It looks like you took that in order to compare california-specific state+federal capital gains tax, and compared it to federal-only income tax? The other issue of high-cost states being more often included in high-rate brackets (due to federal tax brackets not being adjusted for cost-of-living) is a different, and also complex, issue.