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>35% taxes at 120k Your real tax rate is likely close to 50%. You’re almost certainly not including payroll tax, sales tax, and property taxes in that number a
by zionic 4y ago
>35% taxes at 120k
Your real tax rate is likely close to 50%. You’re almost certainly not including payroll tax, sales tax, and property taxes in that number at that income level.
- s1artibartfast 4y agoI was talking abut income tax, so Parole yes, sales and property no. I also excluded registration and Licensing fees, and capital gains.