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by adviceadam 3516 days ago
OP's numbers are off. If you make $1,000,000 a year in SF, you pay 45% of your income as income tax. If you make $10,000,000, it's just over 50%.

I used this calculator: https://smartasset.com/taxes/california-tax-calculator#ysfEQ...
2 comments
SomewhatLikely 3516 days ago
OP's 22% was of the amount remaining after federal taxes. After federal taxes, you would have about 65% of your income left, the state would take about 13.5%/65% = 21% of that.
link
user5994461 3516 days ago
If you take it like that, my numbers are off as well. They were for the usual bracket of income :D

If I make more than 200k€ here. The higher bracket is 58.75% of taxes (+66k€ paid directly by the employer to the state).

link