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We take LA as example: California state tax rate: 7.25% Los Angeles county tax rate: 1.00% Special tax rate: 1.25% Combined Los Angeles tax rate: 9.50% Highes
by bdangubic 2y ago
We take LA as example:
California state tax rate: 7.25% Los Angeles county tax rate: 1.00% Special tax rate: 1.25% Combined Los Angeles tax rate: 9.50%
Highest federal tax rate is 37% so that is 46.5%. Not quite Finland but a lot...
- monocle33 2y agoInteresting! And then maybe once you factor in health care costs etc it comes out at pretty much the same