3 ms·
In NYC you will pay about 50% of your gross income if you are just barely qualify for the marginal top tax bracket. Of course these numbers mean squat for your
by dev_jim 15y ago
In NYC you will pay about 50% of your gross income if you are just barely qualify for the marginal top tax bracket. Of course these numbers mean squat for your own personal situation:
Federal - ~25% effective, not marginal
State - 8%
Local - 4%
Payroll - 13% on the first 100k or so. 2.5% on the rest.
Sales Tax - 9%