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10.25 percent (highest sales tax rate in CA - 1) of 250k is closer to 31.25k. State and fed taxes income taxes are around 45% but I'll grant you there's other h
by coding123 3y ago
10.25 percent (highest sales tax rate in CA - 1) of 250k is closer to 31.25k. State and fed taxes income taxes are around 45% but I'll grant you there's other hidden fees (social security and others)... luckily hidden fees are now illegal in CA.
[1]: https://www.avalara.com/taxrates/en/state-rates/california.html https://www.avalara.com/taxrates/en/state-rates/california.h...