the cut is only for salary. the majority of comp at stripe is stock. so someone making 400k total comp may only make 160k in salary and so the cut would be 16k

the cut is only for salary. the majority of comp at stripe is stock. so someone making 400k total comp may only make 160k in salary and so the cut would be 16k. (4% of total comp) But california state income tax is also 10% so it could cancel out.