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I don’t know how rich the average HN reader is but, for a bit of perspective: I’m solidly middle class and I only pay about 30% total (and that’s if you include
by gallopingcomp 4y ago
I don’t know how rich the average HN reader is but, for a bit of perspective: I’m solidly middle class and I only pay about 30% total (and that’s if you include property taxes).
- tomcam 4y agoDo you live in California?
- gallopingcomp 4y agoYes (should be obvious from context). This includes federal, state, and local taxes. Edit: point being, if your taxes are super high, it's usually a combination of very high income & owning very expensive property. Edit 2: if you have very LOW income and own very expensive property, then you could end up with astronomical tax rates overall if you include property taxes. But that's usually not what people talk about in this context, and is kind of a separate problem (cost of housing).