4 ms·
For companies. The same is not afforded for individuals. A minority of states have no state personal income tax - and in those states, the effective top bracket
by beagle3 6y ago
For companies. The same is not afforded for individuals. A minority of states have no state personal income tax - and in those states, the effective top bracket is indeed ~30% lower than the European average - but these cover a small percentage of the population. NY and CA have rates of 10-15%