2 ms·
all those taxes are super low imo, except maybe that property tax.
by hnben 3y ago
all those taxes are super low imo, except maybe that property tax.
- professoretc 3y agoYou also have to remember that in CA the assessed value of your home (on which your property tax is based) will never go up more than 2% per year. So while the property tax rate may be higher than some other places, if you stay in your home for more than a few years, the actual amount of property tax you pay will quickly be lower than it would be elsewhere.
- oppositelock 3y agoIn the US, you pay state tax and federal tax separately, so those are only the state taxes. If you're paying the maximum marginal rate in CA, you're also paying 37% federal rate and a 3.8% surcharge on investment income on top of that.