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If you're making $10 million per year in a high tax state like California, your effective tax rate is still only 52%
by Rebelgecko 5y ago
If you're making $10 million per year in a high tax state like California, your effective tax rate is still only 52%
- babesh 5y agoYou need to add sales tax and property tax possibly. Sales tax is approximately 9%. Property tax is about 1% of inflation adjusted value of the property.