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by jeremyt
3599 days ago
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Are you kidding?
An upper income taxpayer in California pays 39.6% federal, 10% state. On top of that there are sales taxes, property taxes, payroll taxes, unemployment benefit insurance, the 3.4% Medicare surcharge, car registration taxes and fees, transfer taxes on assets, and estate taxes when you die.
Explain to me how that doesn't add up to more than 50%? |
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